Intel Stock News

Chip stocks show signs of stabilizing into the holiday period, with Nvidia, AMD, and Intel each finding support at key price levels. Buyers continue to step in on pullbacks as the sector holds a mildly bullish consolidation pattern.

Wei-Jen Lo's previous employer says he violated noncompete and confidentiality agreements when he jumped ship.

Intel Corp (NASDAQ:INTC, XETRA:INL) has dismissed allegations from Taiwan Semiconductor Manufacturing that its newly rehired executive, Wei-Jen Lo, shared confidential information from his former employer. The US company said it had “no reason to believe there is any merit” to the claims and stressed that its internal policies forbid the use or transfer of third-party intellectual property.

Intel on Thursday denied allegations by Taiwanese chipmaker TSMC that one of the U.S. firm's executives, Wei-Jen Lo, had leaked trade secrets.

TSMC filed a lawsuit Tuesday against a former senior vice president it accused of leaking confidential information to Intel. Wei-Jen Lo joined Intel after 21 years at TSMC, having left in July, TSMC said in a statement.

The Trump administration is trading billions of dollars of taxpayer money for ownership stakes in companies. The unusual practice shows no sign of slowing.

Leopold Aschenbrenner's Situational Awareness fund went "short" many of the most popular AI names last quarter. The fund maintained its big long position in Intel, despite the stock's 50% rise in the third quarter.

AMD has witnessed meaningful success following the launch of its MI300 and MI400 series GPUs. Intel's data center business has demonstrated inconsistent results.