Major U.S. equities indexes were little changed Thursday afternoon on the second day of the U.S. government shutdown, as the tech sector rose while most others declined.
Intel (INTC) shares are trading at their highest level in 18 months, with the latest gains sparked by a report the company is in early-stage talks to manufacture chips through its foundry business for rival Advanced Micro Devices (AMD).
In today's video, I discuss recent updates impacting Intel (INTC 7.24%), Advanced Micro Devices (AMD 1.43%), and Nvidia (NVDA 0.43%). To learn more, check out the short video, consider subscribing, and click the special offer link below.
Intel Corporation has experienced a volatile five years, but recent government and Nvidia investments have driven a 60% stock price surge. NVDA's collaboration and equity stake offer optimism for INTC's turnaround, though the partnership excludes Intel's foundry manufacturing for Nvidia's core chips. Despite positive developments, INTC's current valuation exceeds the Nvidia deal price by 55%, p...
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