0
0.0
Mar 20, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
intel is not a software company. so, intel will be at a disadvantage. that said, look, it's very difficult to get engineers in our country. it's 50 to 1 between taiwan and us in terms of the number of engineers. the number of builders, very, very difficult, so i think this is a great thing that the commerce secretary is doing, and these plants would not be built because they're uneconomic without the subsidy. >> that's part of the problem. morris chang, the founder of tsmc, american, of course, he was at texas instruments for much of his life. he's an older gentleman now. he's complained about how expensive it is. in arizona, where they're trying to build a new fab. >> everything i know is from morris. i just read everything he does. he's a good friend of jensen's, and morris is someone who is idolized in the semiconductor capital equipment business, which, of course, is where the real ip is. the real intellectual property belongs to kla, to lam, and morris chang, godfather of the construction, used to be -- it used to be there was a -- jerry parker use
intel is not a software company. so, intel will be at a disadvantage. that said, look, it's very difficult to get engineers in our country. it's 50 to 1 between taiwan and us in terms of the number of engineers. the number of builders, very, very difficult, so i think this is a great thing that the commerce secretary is doing, and these plants would not be built because they're uneconomic without the subsidy. >> that's part of the problem. morris chang, the founder of tsmc, american, of...
0
0.0
Mar 13, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
intel declined to comment. a few weeks back when i spoke with the ceo and his team, they were under the impression they would be getting funding prior to the state of the union address by joe biden. but we know that hasn't been the case. recall even the commerce secretary spoke at intel's foundry event, highlighting this friendly environment. but two big questions remain, how much fund willing intel get from the department of defense and commerce, giving its promise to spend $40 billion on plants in ohio and arizona. keep in mind that the chips act only has about $39 billion for manufacturing. there's only 500 companies that have filed statements of interest. so if intel were to get that $3.5 billion number bloomberg is reporting, that's 9% of the pot and leaves less for other chip companies. the second unanswered question, will the funding have strings attached? in other words, intel would have to focus on military chips at the expense of more advanced chips, which could mean decent margins, but the yields of
intel declined to comment. a few weeks back when i spoke with the ceo and his team, they were under the impression they would be getting funding prior to the state of the union address by joe biden. but we know that hasn't been the case. recall even the commerce secretary spoke at intel's foundry event, highlighting this friendly environment. but two big questions remain, how much fund willing intel get from the department of defense and commerce, giving its promise to spend $40 billion on...
0
0.0
Mar 20, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
shares of intel up just over 4.5%. pat gelsinger will have more on this on a first cnbc interview coming up at 9:30 a.m. eastern and again at 4:00. >>> speaking of chips, the u.s. is considering banning the china chip. shares of chip poet lay soaring. they announced a 50 for 1 split that gives shareholders 49 additional shares for every one that's currently held. shares up just about 5%. >>> macy's opens its books to suitors. both firms have offered macys $25 a share. that's up from the initial offer of $21 a share. shares of macy's essentially flat right now. >>> jpmorgan boosts its quarterly dividend. they may want to reconsider proposals for tightening capital rules. >>> and nasdaq says boerse dube will sell shares of stock reducing its stock from 10% to 15% making it nasdaq's second largest shareholders. >>> here's what to watch. the fed will release its latest monetary policy decision at 2:00 p.m. that's followed by jay powell's chair conference at 2:30. >>> ahead of that decision and the powell press conference,
shares of intel up just over 4.5%. pat gelsinger will have more on this on a first cnbc interview coming up at 9:30 a.m. eastern and again at 4:00. >>> speaking of chips, the u.s. is considering banning the china chip. shares of chip poet lay soaring. they announced a 50 for 1 split that gives shareholders 49 additional shares for every one that's currently held. shares up just about 5%. >>> macy's opens its books to suitors. both firms have offered macys $25 a share. that's...
0
0.0
Mar 20, 2024
03/24
by
FBC
tv
eye 0
favorite 0
quote 0
intel has. this chips act is expected to give money to names like wolf, wolf speed, on, semiconductor. i don't know the list because they're giving it out in drips and drabs, don't we want to get it away from the asian markets, which caused so many problems because they were intertwined with china, which during the pandemic showed they couldn't function? >> 100%. you know, i think the prior administration did a lot. listen, tsmc is building fabs and next generation fabs in arizona in order to reduce this dependency so this isn't a question about whether we should be building fabs in the u.s., it's not a question about whether we should be encouraging fabs to be built across the world in countries that are more politically aligned with the united states. this is really just a question about intel and intel fabs and, you know, while i wish them luck, part of the reason we're in this problem or in this challenge today is because we didn't keep pace at intel with tsmc and other fab manufacturers and
intel has. this chips act is expected to give money to names like wolf, wolf speed, on, semiconductor. i don't know the list because they're giving it out in drips and drabs, don't we want to get it away from the asian markets, which caused so many problems because they were intertwined with china, which during the pandemic showed they couldn't function? >> 100%. you know, i think the prior administration did a lot. listen, tsmc is building fabs and next generation fabs in arizona in...
0
0.0
Mar 24, 2024
03/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
of intel, aaron butler, president of arizona building trades. what a combo, man. and other union leaders are here today. thank for you your partnership and showing how we can get big things done in america and we can do it again and again. business leaders this question, i mean it sincerely, at the business roundtable. please have a seat. i'm sorry. i didn't realize you're still standing. i apologize. i asked the question at the business roundtable of the biggest leaders of business in the world and the united states particularly. i asked them, when the united states decides to invest considerable resources in a new industry that we need to build, does that encourage business or discourage it? and the answer is overwhelmingly encourage it. during the pandemic we had to learn about supply chains and the shortage of semi conductors, those tiny computer chips you all out here know very well, smaller than the tip of your finger that power everything from the cell phone and cars and dishwashers, satellites and weapon systems. #nvented these chips. don't forget. and ove
of intel, aaron butler, president of arizona building trades. what a combo, man. and other union leaders are here today. thank for you your partnership and showing how we can get big things done in america and we can do it again and again. business leaders this question, i mean it sincerely, at the business roundtable. please have a seat. i'm sorry. i didn't realize you're still standing. i apologize. i asked the question at the business roundtable of the biggest leaders of business in the...
0
0.0
Mar 20, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
not sure that's good for intel. down 16%, that's telling you something about it relative to its peers. i think there's clear winners. broadcom is one of them, lam research and certainly we all know what nvidia means. >> i want to respond to bryn's comments. you're going to see nice earnings growth from intel going forward. >> what are you basing that on? >> maybe. not necessarily. >> basing it on 10% revenue growth that's forecast, on the earnings growth, and the fact that everybody is still so bearish on it, goldman has a sell on it. what am i paying for? what's assumed in the stock? really nothing. the highest expectations are possible. to me it's not a core position but is a good position. there are plenty other chips products to manufacture. you are seeing a rejuvenation in the laptop business that will be driven by a.i. >> you were here and we were talking about dell after their earnings, other phone makers including best buy. i know you are saying there are other chip plays but that doesn't seem to be where th
not sure that's good for intel. down 16%, that's telling you something about it relative to its peers. i think there's clear winners. broadcom is one of them, lam research and certainly we all know what nvidia means. >> i want to respond to bryn's comments. you're going to see nice earnings growth from intel going forward. >> what are you basing that on? >> maybe. not necessarily. >> basing it on 10% revenue growth that's forecast, on the earnings growth, and the fact...
0
0.0
Mar 20, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
its backing intel as the best chance of getting that. for intel they are on the comeback trail. this is a big chunk of that. caroline: let's also think about some of the other names that are likely to be incentivized to build in the united states. it's notable the u.s. name gets a big chunk of change but others will be receiving it from the likes of samsung for example. >> you cannot just back intel. they are falling behind in the last five years. they are making a good shake of a comeback and close to being back where they should be but looking from a purely objective point of view you have to back the winners as well and that would be samsung and semiconductor manufacturing and those companies in the u.s.. ed: pat gelsinger was honest with us last night that the semiconductor industry in this country over 30 years went elsewhere -- elsewhere. therefore it's not to happen overnight bringing it back. walker audience through the footprint of what they're trying to do. arizona and ohio are the focus. the 20 billion actually goes a long way to getting things built. ian: it does and
its backing intel as the best chance of getting that. for intel they are on the comeback trail. this is a big chunk of that. caroline: let's also think about some of the other names that are likely to be incentivized to build in the united states. it's notable the u.s. name gets a big chunk of change but others will be receiving it from the likes of samsung for example. >> you cannot just back intel. they are falling behind in the last five years. they are making a good shake of a...
0
0.0
Mar 25, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
dow down 50 points the laggards are intel we will talk more about chipmakers later on in the show. followed by amd which is down 2% united airlines as well. we have news coming up later in the show about them. >>> the markets are headed for a lower open, but that is not stopping the imagination at goldman sachs. the bank sticking with the 5,200 price target of the year, but a new scenario goldman sees the index up 15% to 6,000 by the end of the year that something we will talk more throughout the hour. >>> we are checking the bond market as we he expect the ppce later this week. >>> let's pay attention to the energy market with oil we we see wti up .50% brent crude is up .50% we have to pay attention to bitcoin. we continue to follow its rise it trades around the clock bitcoin at $67,000 this morning. well off the all-time high in recent days. for the month of march, up 30% >>> that's the money check let's see how europe is getting under way with arabile gumede in the london newsroom. a bit of a muted start in europe >> it is, frank. where has the time gone? in the final week of th
dow down 50 points the laggards are intel we will talk more about chipmakers later on in the show. followed by amd which is down 2% united airlines as well. we have news coming up later in the show about them. >>> the markets are headed for a lower open, but that is not stopping the imagination at goldman sachs. the bank sticking with the 5,200 price target of the year, but a new scenario goldman sees the index up 15% to 6,000 by the end of the year that something we will talk more...
0
0.0
Mar 25, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the intel's earnings is worse. you take a similar chunk off of both of them, it actually hits intel worse. but there is nothing to change yet, if that is what you are asking. apparently, these rules were actually put in place in december. it's probably not anything it will happen over time, assuming it happens at all. there are a lot of other issues that i think are going on with both stocks that are probably bigger, or more near-term things to worry about than this anyway. there is nothing to change it. we will see how things progress over time. >> you see this impacting the trade wars and all the other conflicts with you think this can escalate? the way these stocks and products are treated? >> look, you look at the magnitude of this versus what the u.s. is done. certainly, u.s. efforts are a lot bigger. remember, that is by design. what they can do to push back, it is very, very limited. the u.s. is kind of holding the cards. we will see if there are broader trade wars. they've got other elements they can use. w
the intel's earnings is worse. you take a similar chunk off of both of them, it actually hits intel worse. but there is nothing to change yet, if that is what you are asking. apparently, these rules were actually put in place in december. it's probably not anything it will happen over time, assuming it happens at all. there are a lot of other issues that i think are going on with both stocks that are probably bigger, or more near-term things to worry about than this anyway. there is nothing to...
0
0.0
Mar 20, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
intel, look, it's been a massive disappointment. it gets back to, where do you think, first of all from the stock's perspective, i think it's underowned. there's no question to me, for all the reasons we just talked about, but i look to the future, and i look at the dynamic, the cap x spend of the communications service providers, the hyper scalers. they are going to be double-different cap x growth for the next three, four, five years, and intel is going to grow into this. not cheap, certainly not cheap on valuation, but i think you can wade through here. every time they report, we've seen the cycle for the stock. it sells off 10%, 15%, creeps back up and takes out the highs. you trade it that way if you want. >> i wonder where the semiconductor cycle will be in '27 or '28 when the plants are finally operational, i ask reor theically. but you have to wonder, you know, how that's going to line up for them. >> i don't think they know the answer to that question, unfortunately. and i'll say this with respect to intel, i mean, they got
intel, look, it's been a massive disappointment. it gets back to, where do you think, first of all from the stock's perspective, i think it's underowned. there's no question to me, for all the reasons we just talked about, but i look to the future, and i look at the dynamic, the cap x spend of the communications service providers, the hyper scalers. they are going to be double-different cap x growth for the next three, four, five years, and intel is going to grow into this. not cheap, certainly...
0
0.0
Mar 20, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
. >>> intel is probably happy. the biden administration awarding intel nearly $20 billion in grants and loans from the c.h.i.p.s. act. they'll offer loans to build out manufacturing. it will cree yeet 30,000 construction and manufacturing jobs at facilities in ohio and arizona. president biden will travel there later today to deliver remarks. we'll have an interview with pat gelsinger at 9:30 and again at "closing bell" at 4:00. >> intel is expected -- at least the administration says expect it to spend $100 billion of its own money investing in these things over the next five years. $20 billion a year, that's pretty significant. that's what you see from an at&t, verizon, on an annualized basis. >> if it always worked and you hired 30,000 people and everything works the way it should, it seems like it's a no-brainer and it should always work, but then you start wondering. you look at when the government picks winners and losers. you hope you get the best use of capital that you have, and a lot of times the governme
. >>> intel is probably happy. the biden administration awarding intel nearly $20 billion in grants and loans from the c.h.i.p.s. act. they'll offer loans to build out manufacturing. it will cree yeet 30,000 construction and manufacturing jobs at facilities in ohio and arizona. president biden will travel there later today to deliver remarks. we'll have an interview with pat gelsinger at 9:30 and again at "closing bell" at 4:00. >> intel is expected -- at least the...
0
0.0
tv
eye 0
favorite 0
quote 0
he's an intel man. he has a background. he's just not going to fly off the handle because if it was in fact ukrainian was, is i, i would not want to be in ukraine to not sure or it's, but it's going to take a while to gather the information. but i think he wants to be absolutely sure. as i said he's, he has a, he has an intel background and i think that he's going to want as much fact as he can get an analysis that he can get before he makes any move. but i, but i, i believe that action will be taken once they have determined who did it. and i think that us authority should come forward and tell russian authorities what they know as to the origin of the intel that they had before to, to just 2 weeks ago. yeah. is it is wiring indeed. i do remember the good old days when a government is to talk to each other, especially when it comes to like during civilian lives phase. yeah, we still do. we still do have some counter intel and counterterrorism. a cooperation going, but i don't, i, i really think the us was more in the posit
he's an intel man. he has a background. he's just not going to fly off the handle because if it was in fact ukrainian was, is i, i would not want to be in ukraine to not sure or it's, but it's going to take a while to gather the information. but i think he wants to be absolutely sure. as i said he's, he has a, he has an intel background and i think that he's going to want as much fact as he can get an analysis that he can get before he makes any move. but i, but i, i believe that action will be...
0
0.0
Mar 20, 2024
03/24
by
CSPAN2
tv
eye 0
favorite 0
quote 0
because sherrod brown worked with the administration and worked with intel, intel is using a project labor agreement for the deal which makes sure the workers building this fab are well prepared and well compensated. it n intel will directly hire thousands of new workers. the benefits will also extend to universities across the region, especially hbcu's. it will benefit other industries like the auto industry. this investment will help generate a pipeline of highly skilled tech workers right in the heart of ohio as well as arizona, new mexico, oregon. and the benefits will spread across communitiha have long been waiting for a second chance. and this is what so many of us here if envisioned when wrote chiefs and science -- chips and science. i thought of this years ago, working with senator young. today's announcement by intel, the one announced last month in upstate new york and many others to come, our faith in this bill jobs and in terms of leadership, not only in chip manufacturing but in science. so, many of us envisioned this when we wrote chips and science, a cascade of public
because sherrod brown worked with the administration and worked with intel, intel is using a project labor agreement for the deal which makes sure the workers building this fab are well prepared and well compensated. it n intel will directly hire thousands of new workers. the benefits will also extend to universities across the region, especially hbcu's. it will benefit other industries like the auto industry. this investment will help generate a pipeline of highly skilled tech workers right in...
0
0.0
Mar 25, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
microprocessors and intel and amd shares fall. in spring break in full swing. we will check in with priceline ceo brett keller about the state of revenge travel and how the outlook compared to last year. ♪ >> welcome to bloomberg markets. a look at markets on this monday morning and it is a sea of red behind me. we are talking about huge downdrafts year, the s&p 500 currently off by about 2/10 of 1%, even more so if you go down the list. those big tech names, that benchmark under pressure as well, currently off by about half of 1% and a love that ties back to what we are seeing in the chips face with intel and amd which we will discuss. the philadelphia semiconductor index currently off by about 6/10 of 1%. but we want to get back to boeing, one of the big stories today after announcing sweeping management changes with ceo dave calhoun set to leave the company at the end of the year. the airplane maker is grappling with a safety crisis centered on's most important product, the 737 max jet liner. joining us to help break it down is guy johnson. where does this
microprocessors and intel and amd shares fall. in spring break in full swing. we will check in with priceline ceo brett keller about the state of revenge travel and how the outlook compared to last year. ♪ >> welcome to bloomberg markets. a look at markets on this monday morning and it is a sea of red behind me. we are talking about huge downdrafts year, the s&p 500 currently off by about 2/10 of 1%, even more so if you go down the list. those big tech names, that benchmark under...
0
0.0
Mar 21, 2024
03/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
he talks about president biden's announce ooduction with intel ad continued to defend his recent floor speech calling for new elections in israel. >> hello,y >> hello, everybody. 've had a productive lunch in the midst of a very busy week. right now as together in good faith to fund the government, i'm hopeful we can avert a shut down. we are not quite there yet, but as you know, we are close. earlier this week i joined the other congressional leaders in the white house to announce an agreement on the final funding bills. these bills will make significant investments for the well-being of our service members, keeping the u.s. against the chinese communist government and more. more importantly, the speedy passage would avo s and damaging shut down. though we are still waiting for text and then house passage, we are making good progress and as soon as the bill passes the house, i will put it on the senate floor. it's no secret that it's going to be a tight squeeze funding bd before the weekend deadline, so i ask all of my colleagues, democrat and republican, house and senate, to be can f
he talks about president biden's announce ooduction with intel ad continued to defend his recent floor speech calling for new elections in israel. >> hello,y >> hello, everybody. 've had a productive lunch in the midst of a very busy week. right now as together in good faith to fund the government, i'm hopeful we can avert a shut down. we are not quite there yet, but as you know, we are close. earlier this week i joined the other congressional leaders in the white house to announce...
0
0.0
Mar 20, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
intel up by a little more than 3% this morning. up next, decision day for the fed -- >> grates at some boy should -- at some point should move lower. lack of competent is when does the window open? >> if you can't justify a cut by june, you might not have a leg to stand on to cut until early next year. jonathan: that conversation is next. from new york city, this is bloomberg. ♪ jonathan: live from new york city, welcome to the program. the s&p 500 is slightly softer, not even lower by 0.1%. backing away a little bit from the highs of the year. decision day for the fed today. >> rates at some point should move lower. the lack of confidence is about when does the window open, when does the data tell them it's ok to start? there's a little uncertainty about when to start but i think the confidence of the overall disinflation trend is there. >> if you can't justify a cut by june, you might not have a leg to stand on to start cutting until early next year. that might be a reason to get going now unless you are really comfortable star
intel up by a little more than 3% this morning. up next, decision day for the fed -- >> grates at some boy should -- at some point should move lower. lack of competent is when does the window open? >> if you can't justify a cut by june, you might not have a leg to stand on to cut until early next year. jonathan: that conversation is next. from new york city, this is bloomberg. ♪ jonathan: live from new york city, welcome to the program. the s&p 500 is slightly softer, not even...
0
0.0
Mar 20, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
. $8.5 billion is going directly to the chip—maker, intel, to help it make more chips in the us. it's also getting billions more in loans. the aim is for 20% of the world's computer chips to be made in the us within a decade. our correspondent, erin delmore, is in new york. she is there for us live. took us through the announcement today. then, if you say the goal is 20% of us chip production to be the share of the world's chip production, think about where we are now, hovering around 12%, that was the last measure in 2020. when we hear about that 20% goal, that is something that has been articulated pointedly by the congo secretary, gino mondo, and this is the information we are getting from intel, her department, the chips act, representing a huge many billion—dollar investment in research of chips and development and manufacturing. what we're seeing today the announcement of a preliminary agreement with intel, the largest share of the chip act we have seen yet, up to $8.5 billion to go to new factories and expansion projects, specifically in four states, arizona, new mexico,
. $8.5 billion is going directly to the chip—maker, intel, to help it make more chips in the us. it's also getting billions more in loans. the aim is for 20% of the world's computer chips to be made in the us within a decade. our correspondent, erin delmore, is in new york. she is there for us live. took us through the announcement today. then, if you say the goal is 20% of us chip production to be the share of the world's chip production, think about where we are now, hovering around 12%,...
0
0.0
Mar 21, 2024
03/24
by
CSPAN2
tv
eye 0
favorite 0
quote 0
he talks about president biden's announcement of a multimillion dollar grant for production with intel and continued to defend his recent speech calling for new election in israel. [inaudible conversations] [inaudible conversations] >> hello, everybody. on io want to thank senators murray, , stabenow and senator schatz joining us today. well, we've had a productive lunch in the midst of a very busy week. right now if repca good faith td the government, i'm hopeful we can avert a shutdown. we're not quite thereç! yet, but as you know we are close. earlier this week i joined the other congressional leaders in the white house to t announce an agreement on final six funding bills. these bills will make significant investments for the well-being of our service■i competitive against the chinese government,, his government, and more. more importantly there's speedy pass and damaging shutdown. though we're still waiting for tax and then house passage we're good progress and as soon as the bill passes the house, i will put it on the senate floor. it's no secret that is going to be a a tightq
he talks about president biden's announcement of a multimillion dollar grant for production with intel and continued to defend his recent speech calling for new election in israel. [inaudible conversations] [inaudible conversations] >> hello, everybody. on io want to thank senators murray, , stabenow and senator schatz joining us today. well, we've had a productive lunch in the midst of a very busy week. right now if repca good faith td the government, i'm hopeful we can avert a shutdown....
0
0.0
Mar 25, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
that's because intel is considered to have a larger exposure to china. bernstein estimating intel could lose over a billion dollars in sales if this works and goes through. one beneficiary armed some of the local approved chip shops, used chip processors powered by arm cores. arm also has a large presence in china. the beijing crackdown could be spreading. the ft reporting that state owned enterprises are next and will have to phase out american chips by 2027. i'd leek our audience to remember that china tried to block u.s. equipment back in 2019 and failed to do so this isn't necessarily the end all just yet >> christina, thank you. >>> back to mike santoli since we're talking about the chips. i keep looking at the chips to see if we're going to see significant signs of something that's been up a lot rolling over nvidia teased you a little bit that maybe that was coming and then not so fast because it had a rebound like everything else did. >> it's held it's held near the highs there hasn't been much of a refresh in term of a real correction what is int
that's because intel is considered to have a larger exposure to china. bernstein estimating intel could lose over a billion dollars in sales if this works and goes through. one beneficiary armed some of the local approved chip shops, used chip processors powered by arm cores. arm also has a large presence in china. the beijing crackdown could be spreading. the ft reporting that state owned enterprises are next and will have to phase out american chips by 2027. i'd leek our audience to remember...
0
0.0
Mar 25, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
boy, they're really pummelling amd and intel. nvidia doesn't make that lower end for the pc i don't know look, i think that europe is now eyes glazed over they seem to want to go after everybody. i spent a lot of time on the apple justice department suit, and i'm not going to say it's fatuous, because it's the justice department same way i can't say the justice department is fatuous when it kwo comes to boeing, because the justice department is too frightening to ignore. i think the apple reaction was strange. you're talking about a three to five years before you see anything i think apple will file a motion to dismiss in may. may actually work. i don't think that people -- there were settlement talks, and the settlement talks involved, from what i can tell, apple basically saying, listen, we have no problem with a lot of this, which makes me feel that it's much more of a show trial against apple. >> huh >> and it was kind of sad. i felt sad that this is what it's come to it's like, well, we haven't gotten apple yet, let's go app
boy, they're really pummelling amd and intel. nvidia doesn't make that lower end for the pc i don't know look, i think that europe is now eyes glazed over they seem to want to go after everybody. i spent a lot of time on the apple justice department suit, and i'm not going to say it's fatuous, because it's the justice department same way i can't say the justice department is fatuous when it kwo comes to boeing, because the justice department is too frightening to ignore. i think the apple...
0
0.0
Mar 21, 2024
03/24
by
KNTV
tv
eye 0
favorite 0
quote 0
plants known as fabs projected to host 3,000 manufacturing jobs intel's ceo, pat gelsinger, says the government investment is essential to competing with china >> it isn't just a question of our national security. it's every aspect of our economy, as well, and these are great jobs >> reporter: the owner of chandler restaurant gadzook's, aaron poole, welcomes the investment and the foot traffic it could mean after people were working from home for years. >> in a fab shop, you actually have to go in to work. >> reporter: and he hopes out for lunch. poole says business owners like him are in a paradox. >> well, now we're at a point where you can't raise prices anymore. the consumer won't allow it. >> reporter: but he says he has no choice but to raise wages 19-year-old cashier talia brings home $1,300 every two weeks. >> it's good that you get paid more, i guess, but then at the end of the day, it's like everything is so expensive, it's like you're not really getting much out of it. >> reporter: affordability top of mind here in maricopa county over the past four years, home prices up 5
plants known as fabs projected to host 3,000 manufacturing jobs intel's ceo, pat gelsinger, says the government investment is essential to competing with china >> it isn't just a question of our national security. it's every aspect of our economy, as well, and these are great jobs >> reporter: the owner of chandler restaurant gadzook's, aaron poole, welcomes the investment and the foot traffic it could mean after people were working from home for years. >> in a fab shop, you...
0
0.0
Mar 14, 2024
03/24
by
PRESSTV
tv
eye 0
favorite 0
quote 0
well, you have this intel report that came out of zangl, i don't heard about it. it's a us one, just days ago, it was released, and one of the things that it talked about was hamas and it it said israel will probably face a lingering armed resistance from hamas for years to come, and that the israeli military will struggle to neutralize hamas's underground infrastructure, allowing insurgents, they call them insurgents, we call them fighters, to hide regain. strength and surprise israely forces, given this intel report and given this harsh reality and slap in the face of israel, do you think that uh then what what aims does israel have to continue uh this aggression on the gaza strip? first of all, do you agree with what this report has revealed? oh, mean i think that that's the report is is absolutely correct and i would i would extend it out further so long as israel uh imposes a system of apartide, of occupation, of violence against palestinians, there's going to be some form of arms resistance, of course there is, they know that, that is the history of uh of co
well, you have this intel report that came out of zangl, i don't heard about it. it's a us one, just days ago, it was released, and one of the things that it talked about was hamas and it it said israel will probably face a lingering armed resistance from hamas for years to come, and that the israeli military will struggle to neutralize hamas's underground infrastructure, allowing insurgents, they call them insurgents, we call them fighters, to hide regain. strength and surprise israely forces,...
0
0.0
Mar 15, 2024
03/24
by
PRESSTV
tv
eye 0
favorite 0
quote 0
and by the way, that did come out and one way or another in that us intel report that we just mentioned few minutes ago. yeah, i think that they they don't like um some of the ways that net yahoo is uh uh managing some of this, i i don't, i think that the broad, the us is supportive of the broad outlines of what israel's doing in gaza, but but there are uh, they i don't think they like the optics of uh ben gadvir, smaldich, uh, some of the hardline factions, extremist factions. in the netanyahu government and uh benny gance would be a preferable face uh and he probably be a little bit more um uh compliant with what us how us would want to lead this um now then but uh biden has also said that he's not while while he thinks that netanyahu is doing things that are against israel's interests he's not gonna stop um and that he doesn't want them to go into rafa he's not gna stop the weapons delivery, so so it's quite a contradictory position uh how biden is said that publicly. um, i think they i think they would like, they know that the israeli public doesn't really like netanyahu anymore and
and by the way, that did come out and one way or another in that us intel report that we just mentioned few minutes ago. yeah, i think that they they don't like um some of the ways that net yahoo is uh uh managing some of this, i i don't, i think that the broad, the us is supportive of the broad outlines of what israel's doing in gaza, but but there are uh, they i don't think they like the optics of uh ben gadvir, smaldich, uh, some of the hardline factions, extremist factions. in the netanyahu...
0
0.0
Mar 13, 2024
03/24
by
PRESSTV
tv
eye 0
favorite 0
quote 0
all right, this military intel report uh said there needs needs a little bit more opening up, and one of the things that has said is the fact that this distrust on netanyahu by the masses, israely masses, and that the protests are going to swall up even after the genes. war ends and they're going to demand netanyahu's resignation and that may actually force him to leave office. do you believe that netanyahu is on his last legs? he could be, listen, i'm sorry this for side, sorry about that. i'll get to you though, sam parker, go ahead, side nemer. okay, yeah, i think that yes, netanyahu is facing really a big problem now inside israel, last week there was a poll conducted in israel and most of the population in israel for 53. percent of those who were conducted in the poll, they said that we believe now that netanyahu is making the war now going on and on for his own personal reasons, not for the sake of... israel otherwise he should agree to the deal to release the prisoners captive by the palestinan resistance, but he's doing that for his own kind of you know personal issues, knowin
all right, this military intel report uh said there needs needs a little bit more opening up, and one of the things that has said is the fact that this distrust on netanyahu by the masses, israely masses, and that the protests are going to swall up even after the genes. war ends and they're going to demand netanyahu's resignation and that may actually force him to leave office. do you believe that netanyahu is on his last legs? he could be, listen, i'm sorry this for side, sorry about that....
0
0.0
Mar 15, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
intel has been seeking funds to expand in ohio and arizona. two states which are two key swing states for the administration in the upcoming election. keep an eye on that. >>> let's check on the corporate stories with silvana henao. silvana, good morning. >> dom, good morning. the ceo of cleveland cliffs says his company would consider another bid for u.s. steel should the deal with nippon steel fall through. any bid would also be at a much lower price point. in a statement, nippon is set on closing the deal as it delivers clear benefits to union workers and the american steel industry. >>> lyft and uber will stop operating in indianapolis after they are looking to increase driver wages to the local minimum wage of $15.57 an hour. lyft calls it deeply flawed and makes operations unsustainable. >>> the chinese government is reportedly signaling it will not allow a for sale of bytedance's tiktok after the houseforced it to pass a bill for the sale. this coming after steven mnuchin is working on a deal for the platform. >> i think the legislation
intel has been seeking funds to expand in ohio and arizona. two states which are two key swing states for the administration in the upcoming election. keep an eye on that. >>> let's check on the corporate stories with silvana henao. silvana, good morning. >> dom, good morning. the ceo of cleveland cliffs says his company would consider another bid for u.s. steel should the deal with nippon steel fall through. any bid would also be at a much lower price point. in a statement,...
0
0.0
Mar 15, 2024
03/24
by
PRESSTV
tv
eye 0
favorite 0
quote 0
coordination. between israel and the united states is is stronger than ever, well you have this uh intel report that came out of zangl, i don't heard about it, it's a us one, just days ago, it was released, and one of the things that it talked about was hamas and it is said israel will probably face lingering armed resistance from hamas for years to come, and that the israeli military will struggle to neutralize hamas's underground infrastructure, allowing insurgents, they call them insurgents, we call them fighters, to hide, regain strength and surprise israely forces, given this intel report and given this harsh reality and slap in the face of israel, do you think that uh, then what, what aims does israel have to continue uh this aggression on the gaza strip? first of all, do you agree with what this report has revealed? oh, i mean i think that that's the report is is absolutely correct, and i would i would extend it out further, so long as israel ' imposes a system of apartide, of occupation, of violence against palestinians, there's going to be some form of arms resistance, of course
coordination. between israel and the united states is is stronger than ever, well you have this uh intel report that came out of zangl, i don't heard about it, it's a us one, just days ago, it was released, and one of the things that it talked about was hamas and it is said israel will probably face lingering armed resistance from hamas for years to come, and that the israeli military will struggle to neutralize hamas's underground infrastructure, allowing insurgents, they call them insurgents,...
0
0.0
Mar 13, 2024
03/24
by
PRESSTV
tv
eye 0
favorite 0
quote 0
put it out there again, um, that they're a collision course, i mean even uh... there's a this again intel report that's saying a senior israeli official on the condition of anonimity revealing that the us is actually seeking to elst the prime minister benjamin netanyahu, are we looking at what is being reported to be real when it comes to the two? i, there may be rift between the administration and betanyahu or netanyahu, but i don't think that there's a fundamental rift between the us administration and israel itself and the police and its current policies and its current... uh war mongering, i don't think there's a rif there, i don't think that the united states is going to stand in the way of what israel wants to do. now netanyahu has become immensely has is starting to become more of a political liability. look, in israel, like your last, the other guest just said, he's deeply unpopular, he was already unpopular before october 7th, there were massive protests out in the streets of jerusalem, some say that israel was even on the brink of civil war, and since then they blame netanyahu f
put it out there again, um, that they're a collision course, i mean even uh... there's a this again intel report that's saying a senior israeli official on the condition of anonimity revealing that the us is actually seeking to elst the prime minister benjamin netanyahu, are we looking at what is being reported to be real when it comes to the two? i, there may be rift between the administration and betanyahu or netanyahu, but i don't think that there's a fundamental rift between the us...
0
0.0
Mar 25, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
every side is doing what they need to do and the fact that they're selling intel on this, and for all of the pain they're having in china, i think they'r getting inflated and i am long intel and stakes have been raised >> one analyst believes china is not essential and david riedel got back from taiwan just a few days ago why do you think is it just jumping to conclusions is that why we have a knee-jerk reaction to the name, david? >> clearly china is for intel chips and 30% of their sales and amd, 15% and not a lot of that is ending up in the government sector and this will be a slow rollout on having the government computers only, so i don't see them having a big impact >> can we jump to the conclusion, though, that this is just the beginning because maybe that's what the markets are thinking they're not thinking about just the one step and what if we went further and what if we ban these chips inside any of the computers? >> it's certainly not the beginning because we've been banin banning what way and other chips from china since 2019 and it was promulgated in the end of december
every side is doing what they need to do and the fact that they're selling intel on this, and for all of the pain they're having in china, i think they'r getting inflated and i am long intel and stakes have been raised >> one analyst believes china is not essential and david riedel got back from taiwan just a few days ago why do you think is it just jumping to conclusions is that why we have a knee-jerk reaction to the name, david? >> clearly china is for intel chips and 30% of...
0
0.0
Mar 14, 2024
03/24
by
PRESSTV
tv
eye 0
favorite 0
quote 0
all right, this um us military um intel report uh uh said needs a little bit more opening up, and one of the things that has said is the fact that this distrust on netanyahu by the masses, israeli masses, and that uh the protests are going to swell up even after the genocidal war ends and they're going to demand netan." resignation and that may actually force him to leave office. do you believe that uh netanyaho is on his last legs? he could be, listen, i'm sorry just for side, sorry about that, i'll get to you though, sam parker, go ahead, side never. okay, uh, yeah, i think that yes, netanyahu is facing really a big problem now inside israel, last week there was a poll conducted in israel and most of the population in israel for 53% of those who were... reducted in the poll, they said that we believe now that netanyahu is making the war now going on and on for his own personal reasons, not for the sake of israel, otherwise he should agree to the deal to release the prisoners captive by the palestinan resistance, but he's doing that for his own kind of personal issues, knowing that h
all right, this um us military um intel report uh uh said needs a little bit more opening up, and one of the things that has said is the fact that this distrust on netanyahu by the masses, israeli masses, and that uh the protests are going to swell up even after the genocidal war ends and they're going to demand netan." resignation and that may actually force him to leave office. do you believe that uh netanyaho is on his last legs? he could be, listen, i'm sorry just for side, sorry about...
0
0.0
Mar 13, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
it was part of a package that allocated $3.5 billion to intel to produce defense. shares arch climbing the most in almost two years after the australian finance review reported they were in discussions to sell off carrier optics. singapore's largest carrier responding to the report saying there was no impending deal to offload optus as reported. google is curbing its genai chatbot from responding to questions directly to the indian general elections. this follows similar controls set up in the u.s. and other countries holding elections this year in an effort to combat concerns over misinformation and conspiracies. google collaborating with the election commission of india to enable easier discovery of vital voting information with google search. caroline: so much more in the world. social capital firing to partners after a probe citing an undisclosed situation. meanwhile checking in on some publicly traded stocks. flat on the day but with a little bit of volatility, of the pharmaceutical giant teaming up with amazon to expand its popular weight loss drugs directly
it was part of a package that allocated $3.5 billion to intel to produce defense. shares arch climbing the most in almost two years after the australian finance review reported they were in discussions to sell off carrier optics. singapore's largest carrier responding to the report saying there was no impending deal to offload optus as reported. google is curbing its genai chatbot from responding to questions directly to the indian general elections. this follows similar controls set up in the...
0
0.0
Mar 12, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
>> ah, probably intel, to be honest with you. i don't know how a company that encapsulates so much of the excitement in and around the chip space and is clearly the beneficiary of all the orders, has gained a trillion and a half dollar market cap in 18 months, intel's left for dead, that's where i would put my money. >> adobe, i think it's thursday, they report. quarter of a trillion dollar company, a huge runup into '21, fell off a cliff like everything else. people are going to talk about this as an a.i. name, have they figured it out? reasonable valuation. of course, the problem is, it's had a huge run, and it is historic for their earnings releases, and then selloffs after, but if they can catch a bid, then maybe we are broadening out to the extent that everybody thinks. >> is that the name of the game, in order to broaden out, you have to be part of a.i.? >> no. banks aren't part of a.i. >> technology, sorry. >> okay -- yes and no. we've seen a lot of software names that are just software names. look at crowdstrike, look at
>> ah, probably intel, to be honest with you. i don't know how a company that encapsulates so much of the excitement in and around the chip space and is clearly the beneficiary of all the orders, has gained a trillion and a half dollar market cap in 18 months, intel's left for dead, that's where i would put my money. >> adobe, i think it's thursday, they report. quarter of a trillion dollar company, a huge runup into '21, fell off a cliff like everything else. people are going to...
0
0.0
Mar 21, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
won't intel build these plants anyway? they've already committed to a $100 billion investment plan in the united states. but i say that is actually all wrong. intel's investing here precisely because of the chips act, gina raimondo realized our country's too dependent on foreign manufacturing. we tend to outsource the manufacturing to taiwan, south korea or malaysia. the chips act which i championed from the get-go was a response to a real need. we don't manufacture high performance chips here. we don't make many of the chips used by our own military. and as we found out during the pandemic our overseas supply chain, forget about it. it's much more fragile than we thought when it comes to semiconductors. in fact, we have an unbelievable dependence on a single company, taiwan semiconductor, which is a serious problem because our number one geopolitical rival in the world, the people's republic of china, wants to devour taiwan. and the more our commerce department curtails the sales of our highest-end chips to china includin
won't intel build these plants anyway? they've already committed to a $100 billion investment plan in the united states. but i say that is actually all wrong. intel's investing here precisely because of the chips act, gina raimondo realized our country's too dependent on foreign manufacturing. we tend to outsource the manufacturing to taiwan, south korea or malaysia. the chips act which i championed from the get-go was a response to a real need. we don't manufacture high performance chips here....
0
0.0
Mar 19, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
the biggest competitor is amv and to some degree intel i amv and to some degree intel but the other thing is that all major cloud providers, google has some of their own ships and so does microsoft and amazon so each of the big cloud companies have some of them but they still rely heavily on nvidia. amd is the biggest challenge and amd has been making excellent progress. the thing is the market is growing so quickly that even if nvidia loses some share they can still grow their overall business because there is just a lot of opportunity for everybody. nvidia has also announced that it is expanding its partnerships with byd and other chinese automakers that are racing to build self—driving vehicles. byd overtook tesla last year as the world's top selling electric vehicle manufacturer. it will use nvidia's next generation of in—vehicle chips. its rivals xpeng, li auto and aion hyper gt will also use the product. evergrande group's founder has been barred from china's securities market. regulators have accused the group's flagship unit of securities fraud, failing to make timely disclosu
the biggest competitor is amv and to some degree intel i amv and to some degree intel but the other thing is that all major cloud providers, google has some of their own ships and so does microsoft and amazon so each of the big cloud companies have some of them but they still rely heavily on nvidia. amd is the biggest challenge and amd has been making excellent progress. the thing is the market is growing so quickly that even if nvidia loses some share they can still grow their overall business...
0
0.0
Mar 2, 2024
03/24
by
CSPAN
tv
eye 0
favorite 0
quote 0
chair blumenthal: no response from any of them except intel? and what was intel's inirmr. bye on a mission to help and disrupt the supply chainwe are very hapo anybody. welcome engagement. we want to show them how we do it. and,e would welcome. any of these companies that want to speak with us, we very much welcome outreach. chair blumenthal: but they really have not sawed it? mr. byrne: we have had very little. chair blumenthal: your organization's work relies on the cooperat■'a semiconductors to conduct tracing, correct? mr. byrne: we have done some of that. we haveroach, which is what my team does, open source intelligence. we have done the work backwards. that we have seen in ukraine. we have taken a lot of weapons and documented the components. we have sketched out how they move into the country and have had success doing so using a range of sources. we know how components are getting in, in many cases. machine tools, bearings, a range of things. i would like to add on the sh we have, again, we have not seen any evidence of that, but we do have evidence of the fact
chair blumenthal: no response from any of them except intel? and what was intel's inirmr. bye on a mission to help and disrupt the supply chainwe are very hapo anybody. welcome engagement. we want to show them how we do it. and,e would welcome. any of these companies that want to speak with us, we very much welcome outreach. chair blumenthal: but they really have not sawed it? mr. byrne: we have had very little. chair blumenthal: your organization's work relies on the cooperat■'a...
0
0.0
Mar 13, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
there's a 2.5 billion dollar intel grant that is scrapped. they were expecting another $10 billion from the c.h.i.p.s. act. shares are down 1.1%. >>> griffin has a warning. the worst thing the fed could end up doing is cutting, pausing, and changing direction back toward higher rates. >>> coinbase announces a $1 billion debt deal. shares of coinbase are up almost half a percent. coinbase benefiting from renewed optimism of bitcoin which is hitting an all-time fresh high, on this show. take a look at bitcoin right now trading at basically 73,260. >>> stocks, they're looking to keep the records rolling after the s&p 500 hit its 17th record close of the year yesterday. hard to believe. 17, wow. but it's not just the markets in the u.s. that are climbing to record or near record-highs so far in 2024. in addition to the msci indexes. they have all touched fresh highs. those six markets, they account for more than 75% of the market cap for the msci's all-country world index. also for the first time since 2021, nearly one third of the 47 markets inc
there's a 2.5 billion dollar intel grant that is scrapped. they were expecting another $10 billion from the c.h.i.p.s. act. shares are down 1.1%. >>> griffin has a warning. the worst thing the fed could end up doing is cutting, pausing, and changing direction back toward higher rates. >>> coinbase announces a $1 billion debt deal. shares of coinbase are up almost half a percent. coinbase benefiting from renewed optimism of bitcoin which is hitting an all-time fresh high, on...
0
0.0
Mar 20, 2024
03/24
by
FBC
tv
eye 0
favorite 0
quote 0
and then we have intel. man, did they get a boost from the white house. i think it's a $20 billion boost, isn't it, lauren? lauren: in grants and loans, yep. that is major. i'm a going to give you on the one hand and around now which you hate, but i have to do it. [laughter] so the u.s. does not produce a single advanced chip, not one imported from a asia a, that's a problem. commerce department sees this is a problem, so they're using money from the chips act two years ago and finally, finally all this time later doling out $8.5 billion of the $20 billion in grants to intel. intel will speed up manufacturing in four different states where they have factories and and hire 30,000 jobs. that's great. should the government be calling the shots? that's my question. stuart: i don't have an answer for you. lauren: the other $11 billion, by the way, comes from loans that they're making to intel. and the ceo of intel, pat gelsinger, will join liz claman laterren to -- later on today. stuart: then you'll get an answer. take a look at bitcoin. it was $73,800 last w
and then we have intel. man, did they get a boost from the white house. i think it's a $20 billion boost, isn't it, lauren? lauren: in grants and loans, yep. that is major. i'm a going to give you on the one hand and around now which you hate, but i have to do it. [laughter] so the u.s. does not produce a single advanced chip, not one imported from a asia a, that's a problem. commerce department sees this is a problem, so they're using money from the chips act two years ago and finally, finally...
0
0.0
Mar 21, 2024
03/24
by
FBC
tv
eye 0
favorite 0
quote 0
we have more of my interview i with intel ceo pat gelsinger in about 20 minutes. you've got to hear what he says specifically about the money that he got from the government yesterday. and the chips act a. now to recap, reddit soaring in its first day of trading on the new york stock exchange. the social media stock ticking under the ticker symbol rddt, chip maker micron hitting a record high amid soaring demand for its a.i. hardware, and markets, yeah, right now at all-time records. the dow, s&p and nasdaq, any gain will get it at a record at the close. >>> all right, just 24 hours after the biden administration rolled out new tailpipe rules to push car buyers to hybrids and evs, infiniti goes the opposite direction. so what we're going to do is go out to fox square to unveil infiniti's new flagship suv, an internal combustion beast of a vehicle. we'll show you the coolest features and find out their strategy for selling it to americans. ♪ ♪ ♪ this is not just another e-class. because it evolves with you. it adapts to you. engineering. it is the first e-cla
we have more of my interview i with intel ceo pat gelsinger in about 20 minutes. you've got to hear what he says specifically about the money that he got from the government yesterday. and the chips act a. now to recap, reddit soaring in its first day of trading on the new york stock exchange. the social media stock ticking under the ticker symbol rddt, chip maker micron hitting a record high amid soaring demand for its a.i. hardware, and markets, yeah, right now at all-time records. the dow,...
0
0.0
Mar 20, 2024
03/24
by
BBCNEWS
tv
eye 0
favorite 0
quote 0
in about an hour from now he's going to tour an intel facility in arizona to discuss the us' role in an industry in which many countries are competing and that is crucial to the future of the global economy — powering everything from electric vehicles to artifical intelligence. $8.5 billion is going directly to the chipmaker intel to help it make more chips in the us. it's also getting billions more in loans. the aim is for 20% of the world's computer chips to be made in the us by the end of the decade. our correspondent, erin delmore, is in new york. just talk to us about this announcement and what it could mean for america's place in that really competitive chip market. america, as ou said, competitive chip market. america, as you said. is — competitive chip market. america, as you said, is working _ competitive chip market. america, as you said, is working on _ competitive chip market. america, as you said, is working on getting - competitive chip market. america, as you said, is working on getting a - you said, is working on getting a 20% share of chip—making worldwide over
in about an hour from now he's going to tour an intel facility in arizona to discuss the us' role in an industry in which many countries are competing and that is crucial to the future of the global economy — powering everything from electric vehicles to artifical intelligence. $8.5 billion is going directly to the chipmaker intel to help it make more chips in the us. it's also getting billions more in loans. the aim is for 20% of the world's computer chips to be made in the us by the end of...
0
0.0
Mar 4, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
the sell on intel, and that's the perfect opportunity to buy intel right now. >> center of the universe is the semiconductor industry. every name they mentioned, these are names that will continue to move higher. in the case of applied material, no. not every analyst loves the stock. the 12-month price target is only $2 where it's holding today above. materials is the largest u.s. supplier. very big story this week is going to be broadcom. hearing from broadcom that has snuck into the top ten in the s&p 500 as a market cap bigger than tesla, and it quadrupled. everything in 2024 begins and ends with what semiconductors do. >> i bought asml when it was on a decline, not a big decline, but still moved up over 5% since i bought it. >> good stuff. >>> let's take a quick break. when we come back, farmer jim has another new move, and we will also talk about health care more broadly. one of the five best performing sectors this year, and jimmy's move was within that. a little teaser. we're back after ts.hi *trade's easy-to-use tools, like dynamic charting and risk-reward analysis, help make tr
the sell on intel, and that's the perfect opportunity to buy intel right now. >> center of the universe is the semiconductor industry. every name they mentioned, these are names that will continue to move higher. in the case of applied material, no. not every analyst loves the stock. the 12-month price target is only $2 where it's holding today above. materials is the largest u.s. supplier. very big story this week is going to be broadcom. hearing from broadcom that has snuck into the top...
0
0.0
Mar 20, 2024
03/24
by
BLOOMBERG
tv
eye 0
favorite 0
quote 0
companies like intel and competitors are spending $30 billion a year. this 20 billion over a number of years is nice but it is not what it costs to be in this business. it is not corporate welfare. katie: it is great perspective. you think about the fact the u.s. has lost its chip manufacturing over the course of decades. when it comes to reversing the trend, it sounds like it is not only going to take a lot of money but a lot of time. ian: exactly. there are multiple cycles. it takes a couple years to build a factory, get it up and running. gelsinger said himself he was going to need a chips act too if we are serious about reversing this trend we have seen about migration of manufacturing to east asia. katie: our thanks to ian king. we are going to turn to the fed impact of the consumer and services industry with caroline stein. that conversation coming up next. this is bloomberg. ♪ katie: this is bloomberg markets. consumers may be willing to spend more as inflation subsides and the federal reserve impact on the economy takes effect. let's discuss t
companies like intel and competitors are spending $30 billion a year. this 20 billion over a number of years is nice but it is not what it costs to be in this business. it is not corporate welfare. katie: it is great perspective. you think about the fact the u.s. has lost its chip manufacturing over the course of decades. when it comes to reversing the trend, it sounds like it is not only going to take a lot of money but a lot of time. ian: exactly. there are multiple cycles. it takes a couple...
0
0.0
Mar 14, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
they're coming to the market, seeing a broadening out whether it's intel, del, other beneficiaries. how much will an nvidia capture in the a.i. space going forward? those are remarkably high standards to beat. we think that's in the price, and if they do it, that's good on them, but it's a difficult thing to do. >> speak to the question of this market resembling to the extend it does or doesn't, the market of 1999-2000. that was a period where 2eky and growth stocks werezooming ahead. the market was concentrated in a few stocks there. dell comes to mind. cisco comes to mind, others as well. is that a fair analogy to today's market, or is today's market sufficiently different that we needn't worry about a bubble and a bursting of the bubble? >> the biggest difference today, these are much higher quality companies than what we saw in 2000. not in terms of their future prospects. cisco turned out to be an incredibly strong company and has a very long record of success. nvidia is making tons of money. microsoft is making tons of money. these are huge companies at scale that are high qua
they're coming to the market, seeing a broadening out whether it's intel, del, other beneficiaries. how much will an nvidia capture in the a.i. space going forward? those are remarkably high standards to beat. we think that's in the price, and if they do it, that's good on them, but it's a difficult thing to do. >> speak to the question of this market resembling to the extend it does or doesn't, the market of 1999-2000. that was a period where 2eky and growth stocks werezooming ahead. the...
0
0.0
Mar 27, 2024
03/24
by
FBC
tv
eye 0
favorite 0
quote 0
, intel, warner brothers, xl energy. no other big -- well, intel's a big name. check the 10-year treasury yield it's down. it's below 4.25%. the price of gold morning, well above $2,200 per ounce, 2209, to be precise. bitcoin's at $70,900. oil right around $80 per barrel, 81 right now. nat gas below $2 still, $1.73. the average price for a gallon of regular all across the country, $3.53. it's nearly $5 in california. diesel, $4.05. no change there overnight. >>> coming up, karine jean-pierre does not want to be asked about the president's mental fitness. watch this. >> reporter: would you please just ask her, does the president have dementia? >> mark, i can't even believe you're asking me that question. with that, thank you so much, mark. have an amazing, amazing day. >> wow! stuart: that was a hang-up. they don't want to deal with this or issue, do they? if. >>> an expert warned lack of sleep could trigger mental and physical health issues, so how much sleep do we actually need? dr. marc siegel will answer that question
, intel, warner brothers, xl energy. no other big -- well, intel's a big name. check the 10-year treasury yield it's down. it's below 4.25%. the price of gold morning, well above $2,200 per ounce, 2209, to be precise. bitcoin's at $70,900. oil right around $80 per barrel, 81 right now. nat gas below $2 still, $1.73. the average price for a gallon of regular all across the country, $3.53. it's nearly $5 in california. diesel, $4.05. no change there overnight. >>> coming up, karine...
0
0.0
Mar 7, 2024
03/24
by
CNBC
tv
eye 0
favorite 0
quote 0
intel not commenting on this. the reaction of this talk almost -- we keep talking about this, it might be exaggerated. we will end with in video. mizuho thinks it could hit. estimates from analysts have come up. >> wow, chips, chips, chips. makes me hungry on power lunch. time for today's free stock lunch. first rod gomm's. scott, what is your take on this one? >> the company is less focused than that but expectations are relatively modest forward pe of just 30 but the reason to be worried here is because revenue expectations are for 30% year over year. broad, has the most bullish option pricing worlds going on right now. enjoy the ide but don't get married to it. >> okay, fair enough. reporting better than expect earnings. merger uncertainties still linger with the albertsons deal or no deal. scott? >> i would buy this on a pullback. up 10% and i would buy on a pullback because of the business they are in. it's tough to step up and pay nine or 10% more closing price for a company like kroger. it is up 23% over th
intel not commenting on this. the reaction of this talk almost -- we keep talking about this, it might be exaggerated. we will end with in video. mizuho thinks it could hit. estimates from analysts have come up. >> wow, chips, chips, chips. makes me hungry on power lunch. time for today's free stock lunch. first rod gomm's. scott, what is your take on this one? >> the company is less focused than that but expectations are relatively modest forward pe of just 30 but the reason to be...
0
0.0
Mar 25, 2024
03/24
by
FBC
tv
eye 0
favorite 0
quote 0
welcome, alphabet and intel formed a consortium to take on nvidia and its entire ai platform. world renowned physicist here in a fox news exclusive to take on all this and why he says this may be moved because of the world where ai won't need semiconductors to run is already starting to form. can't wait to hear what he says about the. stocks mostly in the red but we have micron at a record and nvidia both helping hoist nasdaq 100 into positive territory but if you want to see the big leader, look at crude oil. energy right now, crude in the aftermarket session by about 2%, $82.14 a barrel. fifty-seven minutes left to trade before the closing bell, blackrock's u.s. head of etf jake jacobs. as well as energy is doing, to stroke but claims because finally you've got the big corn etf but look at the going, it's skyrocketing, 13% or $8,011,501 to 70780. here is the two day picture. whatever is behind this, the i sure big corn etf is a huge recipient, that's up 11% right now. what does it say to you about your push to have bitcoin etf? >> first we recognize that.is volatile asset. w
welcome, alphabet and intel formed a consortium to take on nvidia and its entire ai platform. world renowned physicist here in a fox news exclusive to take on all this and why he says this may be moved because of the world where ai won't need semiconductors to run is already starting to form. can't wait to hear what he says about the. stocks mostly in the red but we have micron at a record and nvidia both helping hoist nasdaq 100 into positive territory but if you want to see the big leader,...