Corgi INTC 2x Daily ETF

INT
22.5304.50% ( +0.970 )
Trading: Oct 7, 11:00:34 (EDT)
  • Elon Musk and Intel CEO shore up chipmaker's role in Terafab project - and here's what the news is doing to the stock.

    MarketWatch·
    - Elon Musk and Intel CEO Lip-Bu Tan reaffirmed Intel's primary role in the Terafab chip-making project to counter market speculation. - The clarification came after prior speculation about Taiwan Semiconductor Manufacturing Co.'s involvement caused fluctuations in both companies' stock prices. - Terafab is a joint venture by Tesla and SpaceX aiming to manufacture 1 terawatt of computing capacity annually, which has significantly driven Intel's stock surge this year.
  • Musk hints TSMC may join his mega chip venture, and Intel's stock is taking a hit

    MarketWatch·
    - Elon Musk confirmed discussions with Taiwan Semiconductor Manufacturing Co. regarding a potential partnership for his Terafab semiconductor project. - Intel shares fell more than 4% in premarket trading on concerns that TSMC could compete with or replace Intel's role in supplying the venture. - TSMC shares rose following the news, as analysts noted the company could potentially own and operate a dedicated fab serving Tesla, SpaceX, and xAI.
  • Mizuho Raises AMD, SanDisk Stock Price Targets on Agentic AI Demand

    Tip Ranks·
    - Mizuho analyst Vijay Rakesh increased the price targets for Advanced Micro Devices, SanDisk, and several other semiconductor stocks. - The adjustments reflect growing demand tailwinds driven by Agentic AI following the launch of Meta Platforms' Muse and OpenAI's Dots. - The analyst reiterated Buy ratings while raising AMD's target to $705 and SanDisk's target to $2,050, alongside increases for Dell, Intel, and Super Micro Computer.
  • Applied Materials, Intel collaborate on AI chipmaking technology development

    PUBT·
    - Applied Materials and Intel have partnered to accelerate the development of advanced chipmaking technology for AI-driven computing. - The collaboration focuses on next-generation transistors, interconnect scaling, and Foveros-based 3D stacking advanced packaging. - Research and development will be coordinated between Applied’s EPIC Center in Silicon Valley and Intel’s campus in Hillsboro, Oregon.
  • Intel targets open, framework-native software stack to speed production AI deployment across CPUs and GPUs

    PUBT·
    - Intel outlined a strategy to accelerate enterprise AI deployment through an open, framework-native software stack supporting CPUs and GPUs. - The plan focuses on upstream optimizations in standard frameworks like PyTorch, positioning Xeon as the control plane for agentic AI systems. - Additionally, the initiative advances an open GPU stack and disaggregated inference to improve workload portability and operational efficiency.
  • Tesla Stock Rises After Musk Confirms TSMC Talks

    GuruFocus·
    - Tesla stock rose approximately 2% after CEO Elon Musk confirmed preliminary discussions with TSMC regarding potential cooperation on the Terafab chip project. - The Terafab initiative aims to provide custom semiconductor manufacturing for Tesla, SpaceX, and xAI, with cooperation models possibly involving TSMC operating a Texas facility or providing technology. - Intel shares fell about 2% amid questions regarding its existing partnership position in the project, while TSMC's U.S.-listed shares gained about 1%.
  • Intel Stock Slips as TSMC Talks Complicate TeraFab's 14A Bet

    GuruFocus·
    - Intel stock slipped 1.1% to $114.90 as investor concerns grew over potential discussions between SpaceX and TSMC regarding TeraFab. - Although Intel joined TeraFab in April and was linked to the 14A process, current talks with TSMC remain unfinalized with no guaranteed production split. - With shares trading 256.17% above the $32.26 GF Value estimate, investors await firm commercial details on production volume, timelines, and margins.
  • Intel’s Terafab Opportunity Gets Crowded: Musk Confirms Talks With Taiwan Semiconductor

    benzinga_article·
    - Intel Corp. stock declined by nearly 4% during Monday's premarket session following Elon Musk's confirmation of early-stage discussions with Taiwan Semiconductor Manufacturing Co. regarding the Texas-based Terafab project. - The potential involvement of Taiwan Semiconductor introduces fresh foundry competition for Intel, which previously joined the project to provide its 14A manufacturing process. - Despite the premarket weakness, Intel continues to maintain a bullish technical structure and positive momentum above its major moving averages ahead of its estimated Oct. 22, 2026, earnings report.
  • Intel (INTC) Receives a Rating Update from a Top Analyst

    Tip Ranks·
    - Mizuho Securities analyst Vijay Rakesh reiterated a Hold rating on Intel with a price target of $114.00. - TD Cowen also maintained a Hold rating on Intel, while Bank of America Securities recently reiterated a Buy rating. - These recent analyst updates reflect mixed market sentiments regarding Intel's stock performance within the technology sector.
  • Stock index futures drop, as yields climb; eyes on FOMC minutes

    Seeking Alpha·
    - Stock index futures showed mixed movements on Wednesday as traders awaited the release of the Federal Reserve's latest FOMC meeting minutes. - Treasury yields saw slight changes, with the benchmark 10-year yield rising 1.4 basis points to 5.30% and the 30-year yield increasing 2.1 basis points to 5.68%. - Various S&P 500 stocks experienced notable fluctuations, led by Cencora gaining 5.04% and AutoZone dropping 5.14%.
  • Intel Corp Stock (INTC) Closed Down by 3.19% on Oct 6: What Signal Does It Send?

    TradingKey·
    - Intel Corp stock closed down by 3.19% on Oct 6 amid emerging competitive headwinds and heavy profit-taking. - Reports that TSMC is in discussions to join Elon Musk’s Terafab initiative threatened Intel Foundry’s expected volume capture. - The decline underscores persistent investor sensitivity toward Intel’s ongoing operational turnaround and execution risks.
  • Can Intel Challenge TSMC? Opportunities and Risks Behind 18A Mass Production

    TradingKey·
    - Intel has launched the mass production of its 18A process, introducing RibbonFET and PowerVia technologies to challenge TSMC's dominance in advanced nodes with lower pricing and U.S. domestic capacity. - Despite achieving yield rates of 55% to 60% and securing partnerships with companies like Microsoft and Amazon, Intel still faces hurdles in attracting large-scale external customers and improving production efficiency. - While 18A positions Intel as a viable secondary supplier and pressures competitors like Samsung, a true challenge to TSMC will ultimately depend on future advancements and profitability at the 14A node.
  • Intel to deliver OCP Global Summit keynote on AI infrastructure

    PUBT·
    - Intel announced its participation in the OCP 2026 Global Summit held in San Jose, California, from Oct. 12 to 15, 2026. - Key Intel representatives including Nic Dubé, Anil Nanduri, and Jatin Upadhyay are scheduled to deliver keynotes and speaking sessions focusing on AI infrastructure. - The company will also exhibit its latest technologies at Stand B32 in the San Jose Convention Center Expo Hall.
  • Trump Reportedly Says Government 'Might' Take a Stake in OpenAI, Anthropic, Just Like It Did With Intel: 'I Have Many Deals Like That'

    benzinga_article·
    - President Donald Trump stated in an interview that the government might take equity stakes in AI labs like OpenAI and Anthropic rather than nationalizing them. - This potential strategy is modeled after previous government investments, such as a 9.9 % stake in Intel Corp. and similar deals to secure financial returns for the United States. - OpenAI has previously considered offering a 5 % equity stake to the government to deepen ties and distribute AI-driven financial gains to the public.