(Reuters) -The volume of processors Intel (NASDAQ:INTC) is set to produce for external customers using its upcoming manufacturing technology is currently "not significant", finance chief David Zinsner said on Tuesday. Committed volumes, or the amount of external customers’ chips set to be produced by Intel using upcoming manufacturing tech, is presently not significant, Zinsner said at J.P. Morg ...
RIYADH (Reuters) - The U.S. agreed on Tuesday to sell Saudi Arabia an arms package worth nearly $142 billion, according to a White House fact sheet that called it "the largest defense cooperation agreement" Washington has ever done. The agreement, signed during U.S. President Donald Trump’s visit to the Saudi capital Riyadh, covers deals with more than a dozen U.S. defense companies in areas in ...
Investing.com -- Software stocks have historically responded to recessions with mixed resilience, shaped largely by business model and end-market exposure. Bernstein analysts, in a recent note, examined the 2008–2009 financial crisis and more recent economic scares to understand how software companies might perform in another downturn.During the Great Recession, subscription-based cloud sof ...
Investing.com -- Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week.InvestingPro subscribers always get first dibs on market-moving AI analyst comments. Upgrade today!Rosenblatt downgrades Apple due to a lack of AI-driven iPhone sales accelerationRosenblatt Securities downgraded Apple (NASDAQ:AAPL) to Neutral from Buy and lowered its price target to $217 f ...