INTC — Intel Corporation - Common Stock
Session close: $61.20. Regular-session share volume: 68,207,643. Change from previous close: -2.08%.
Key developments
Intel announced a collaboration with RadixArk to advance open AI inference on its platforms through upstreamed SGLang optimization, and joined the newly launched SGLang Consortium alongside NVIDIA, AMD, Google, Meta and others to help shape the open-source inference roadmap. The company also continued Linux kernel driver work for its upcoming GPU D-Series AI accelerator and released a CPU microcode update covering recent Core, Xeon and Clearwater Forest parts.
Company news Intel, RadixArk Collaborate to Advance Open AI Inference on Intel Platforms · Company news LMSYS Org Launches SGLang Consortium with NVIDIA, AMD, Intel, Google, Meta, Cloudflare, Modal and RadixArk to Advance Open-Source AI Inference · Company news Intel Continues Enabling GPU D-Series 'Crescent Island' Driver Support for Linux 7.5 · Company news Intel Releases New CPU Microcode Update
BofA Securities cut its Intel price target while keeping a Neutral rating, citing broader volatility in AI-related technology stocks. Shares also came under pressure as chip stocks sold off after NVIDIA's CEO resigned; Intel is a partner and major NVIDIA shareholder, so the leadership change clouds their joint roadmap. CEO Lip-Bu Tan bought stock after the prior session's record single-day drop and defended his turnaround efforts, calling the AI boom pullback healthy.
Company news BofA Securities Adjusts Intel Price Target · Company news Intel Stocks Fall 3.49% as NVIDIA CEO Exit Clouds a $13 Billion Partnership Stake · Company news What Is Going On With Intel Stock on Thursday? · Company news After Intel’s Worst Day on Record, CEO Lip-Bu Tan Buys $9.7 Million in Stock · Company news Intel CEO Lip-Bu Tan on turnaround efforts amid stock slump: 'I feel called to do this' · Company news Intel CEO Lip-Bu Tan sees a 'healthy pullback' ahead in the AI boom
News sources
Company news Intel Collaborates With RadixArk To Optimize SGLang, Open-Source AI Inference Stack · Company news Intel, RadixArk Collaborate to Advance Open AI Inference on Intel Platforms · Company news After Intel’s Worst Day on Record, CEO Lip-Bu Tan Buys $9.7 Million in Stock · Company news Intel Stocks Fall 3.49% as NVIDIA CEO Exit Clouds a $13 Billion Partnership Stake · Company news Intel CEO Lip-Bu Tan on turnaround efforts amid stock slump: 'I feel called to do this' · Company news LMSYS Org Launches SGLang Consortium with NVIDIA, AMD, Intel, Google, Meta, Cloudflare, Modal and RadixArk to Advance Open-Source AI Inference · Company news Intel CEO Lip-Bu Tan sees a 'healthy pullback' ahead in the AI boom · Company news B of A Securities Maintains Neutral on Intel, Lowers Price Target to $80 · Company news What Is Going On With Intel Stock on Thursday? · Company news BofA Securities Adjusts Intel Price Target · Company news Intel Continues Enabling GPU D-Series 'Crescent Island' Driver Support for Linux 7.5 · Company news Intel Releases New CPU Microcode Update