Shares of Intel sank by more than 12% in premarket U.S. trading on Friday after the chipmaker unveiled a fourth-quarter loss and a dour outlook for the current quarter. The company, whose stock price has recently about doubled thanks to fresh cash injections from major investors including artificial intelligence-darling Nvidia, Japanese tech conglomerate SoftBank and Read More
Semiconductor Stocks
Nasdaq futures experienced an uptick on Friday, driven by the continued ascent of semiconductor shares, which have been propelled by advancements in artificial intelligence. This movement occurred at the conclusion of a volatile trading week that marked the onset of the fourth-quarter earnings season. Memory chipmakers led the gains, with Micron up 6.4% in premarket Read More

