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Intel

Intel’s $7.86 billion subsidy deal restricts sale of its manufacturing unit

Intel said on Wednesday its deal for $7.86 billion in US government subsidies restricts the company’s ability to...

Published 28 Nov, 2024 10:44am

Technology

Intel to invest more than $28bn to build two chip factories in Ohio

Intel said on Friday it would invest more than $28 billion to construct two new chip factories in Licking County,...

Published 25 Oct, 2024 09:05pm

Technology

Qualcomm approached Intel about a takeover in recent days, source says

SAN FRANCISCO: Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled...

Published 21 Sep, 2024 09:43am

Technology

Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet

Intel said on Thursday it would cut more than 15% of its workforce, some 17,500 people, and suspend its dividend...

Published 02 Aug, 2024 11:23am

Technology

Intel unveils new chip tech in AI battle with Nvidia, AMD

TAIPEI: US chip titan Intel on Tuesday struck a defiant tone in the face of strong challenges from rivals Nvidia, ...

Published 05 Jun, 2024 07:47am

Business & Finance

Intel expects to overtake TSMC in making fastest chips this year

NEW YORK: Intel on Wednesday said it expected to beat a 2025 deadline to overtake its biggest rival in advanced chip...

Published 22 Feb, 2024 06:55am

Business & Finance

Intel to get $3.2 billion government grant for new $25 billion Israel chip plant

OCCUPIED JERUSALEM: Israel’s government agreed to give Intel Corp a $3.2 billion grant for new $25 billion chip...

Published 26 Dec, 2023 03:07pm

Business & Finance

Intel to sell 20% stake in Austrian chip company

Intel said on Wednesday it would sell one-fifth of its stake in IMS Nanofabrication to private equity firm Bain...

Published 21 Jun, 2023 05:49pm

Business & Finance

Berlin, Intel strike deal on chip plant after months of subsidy talks

BERLIN/STOCKHOLM: Germany will grant U.S. chipmaker Intel 10 billion euros ($10.91 billion) in subsidies for its...

Published 19 Jun, 2023 05:31pm

Business & Finance

Intel to invest $25bn in new Israel plant

JERUSALEM: US chip giant Intel will spend $25 billion on a new plant in Israel, officials said Sunday, with Prime...

Published 19 Jun, 2023 06:54am

Business & Finance

Intel to build $25bn factory in largest foreign investment in Israel

JERUSALEM: Intel Corp will build a new factory in Israel worth $25 billion, Prime Minister Benjamin Netanyahu said...

Published 18 Jun, 2023 01:50pm

Business & Finance

Intel to invest up to $4.6bn in new Poland chip site

NEW YORK: US chip giant Intel will invest up to $4.6 billion to build a new site in Poland, creating around 2,000...

Published 16 Jun, 2023 05:59pm

World

Germany refusing Intel’s additional demand for subsidies for chip plant: FT

Germany’s Finance Minister Christian Lindner is refusing Intel’s demands for higher subsidies for a 17-billion-euro...

Published 11 Jun, 2023 02:05pm

World

Japan’s prime minister to meet with top chip firms

TOKYO: Japan’s Prime Minister Fumio Kishida plans to meet with top executives from global semiconductor companies as...

Published 17 May, 2023 09:19am

World

Gordon Moore, titan of Silicon Valley, dies at 94

WASHINGTON: Gordon Moore, a pioneer in the microprocessor industry and a cofounder of Intel, which at one time was...

Published 25 Mar, 2023 10:35am

Technology

EU court’s Wed ruling on record $4.4bn Google fine may set precedent

LUXEMBOURG: A ruling on Wednesday by Europe’s General Court on whether Alphabet’s Google should face a record EU...

Published 14 Sep, 2022 11:21am

Perspectives

Chip shortage has seemingly eased, but challenges persist

The advent of Covid-19 in early 2020 sparked unprecedented and unimaginable problems for the world. However, some...

Published 24 Aug, 2022 08:35pm

Business & Finance

Intel, Brookfield to invest up to $30bn in Arizona chip factories

Intel Corp and Canada’s Brookfield Asset Management on Tuesday agreed to jointly fund up to $30 billion for the U.S....

Published 23 Aug, 2022 09:39pm

Business & Finance

Italy, Intel close to $5bn deal for chip factory

ROME: Italy is close to clinching a deal initially worth $5 billion with Intel to build an advanced semiconductor...

Published 04 Aug, 2022 05:37pm

World

Intel seeks $624mn in interest from EU after antitrust fine win

BRUSSELS: U.S. chipmaker Intel has filed a claim for 593 million euros ($624 million) in interest from the European...

Published 20 Jun, 2022 07:53pm

Business & Finance

Intel to invest up to 80bn euros in Europe semiconductor network

BERLIN: American chip-making giant Intel said on Tuesday it planned to invest up to 80 billion euros ($87.9 billion)...

Published 15 Mar, 2022 07:37pm

Business & Finance

Intel, Airbnb join US tech freeze-out of Russia and Belarus

NEW YORK: Intel and Airbnb announced they were pausing business in Russia and Belarus on Thursday, joining a US tech...

Published 04 Mar, 2022 01:33pm

Technology

Intel sales hit record on chip demand as shortage lingers

SAN FRANCISCO: Intel on Wednesday said 2021 was a record year for sales at the chip maker as it navigated...

Published 27 Jan, 2022 10:33am

Technology

EU court annuls 1-bn-euro antitrust fine against Intel

BRUSSELS: An EU court on Wednesday annulled a 1.06 billion euro ($1.2 billion) fine against US chipmaker Intel,...

Published 26 Jan, 2022 06:08pm

Technology

Major tech firms join Consumer Electronics Show exodus

SAN FRANCISCO: Big-name tech firms such as Google, Lenovo and Intel on Thursday cancelled plans to attend next...

Published 27 Dec, 2021 06:45am

Technology

Intel apologises in China

HONG KONG: US chip maker Intel apologised in China on Thursday after its letter telling suppliers not to source...

Published 24 Dec, 2021 05:43am

Business & Finance

Intel shows research for packing more computing power into chips beyond 2025

Research teams at Intel Corp on Saturday unveiled work that the company believes will help it keep speeding up and...

Published 12 Dec, 2021 11:01pm

Technology

Intel says plans to take car tech unit Mobileye public

NEW YORK: Semiconductor giant Intel said it plans to list shares in its car technology arm Mobileye publicly in the...

Updated 07 Dec, 2021 06:12pm

Markets

Wall Street ends sharply lower as Delta variant sparks new lockdown fears

All three major U.S. stock indexes ended the session sharply lower, with the S&P and the Nasdaq suffering their largest one-day percentage drop since mid-May.

Updated 20 Jul, 2021 01:41am

Technology

Chip shortage to become worse in late 2021: Intel CEO

Pat Gelsinger predicts it will get worse before getting better

Published 26 Jun, 2021 02:23pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 20	278.48
USD PKR Interbank Buying / Dec 20	278.28
USD to Japanese Yen / Dec 20	156.31
USD to Swiss Franc / Dec 20	0.89
Pound Sterling to USD / Dec 20	1.26
Euro to USD / Dec 20	1.04

Stock	Volume
S&P 500 / Dec 20	5,930.85
India Sensex / Dec 20	78,041.59
Tokyo Nikkei / Dec 20	38,701.90
Nasdaq / Dec 20	19,572.60
Hang Seng / Dec 20	19,720.70
FTSE 100 / Dec 20	8,084.36
Dow Jones / Dec 20	42,840.26
Germany DAX 30 / Dec 20	19,884.75

Item	Value
Crude Oil USD/Barrel / Dec 20	69.46
Gold 10 Grams PKR / Dec 20	234,311
Gold Spot USD/Ounce / Dec 20	2,622.91
Cotton US¢/pound / Dec 20	68.06
Karachi Cotton PKR/37.32 KG / Dec 21	17,585
Petrol/Litre / Dec 22	252.10

Gainers
Losers
Leaders

Stock	Price
Media Times Ltd / Dec 20 Media Times Limited(MDTL)	2.37 ▲ 0.37 (18.50%)
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	7.23 ▲ 1.00 (16.05%)
Ist.Capital Sec / Dec 20 First Capital Securities Corporation(FCSC)	2.12 ▲ 0.26 (13.98%)
Khalid Siraj / Dec 20 Khalid Siraj Textile Mills Limited(KSTM)	9.60 ▲ 0.97 (11.24%)
Aruj Industries / Dec 20 Aruj Industries Limited(ARUJ)	9.90 ▲ 0.98 (10.99%)
Escorts Bank / Dec 20 Escorts Investment Bank Limited(ESBL)	4.79 ▲ 0.47 (10.88%)
Cresent Jute / Dec 20 Crescent Jute Products Limited(CJPL)	4.20 ▲ 0.40 (10.53%)
S.G.Power / Dec 20 S.G. Power Limited(SGPL)	11.19 ▲ 1.02 (10.03%)
P.T.C.L. / Dec 20 Pakistan Telecommunication Company Ltd(PTC)	25.80 ▲ 2.35 (10.02%)

Stock	Price
LSE Financial Serv. / Dec 20 LSE Financial Services Limited(LSEFSL)	16.25 ▼ -1.81 (-10.02%)
Dar-es-Salaam / Dec 20 Dar-es-Salaam Textile Mills Limited(DSML)	41.93 ▼ -4.66 (-10.00%)
Maqbool Tex. / Dec 20 Maqbool Textile Mills Limited(MQTM)	31.05 ▼ -3.45 (-10.00%)
Reliance Cotton / Dec 20 Reliance Cotton Spinning Mills Limited(RCML)	621 ▼ -69.00 (-10.00%)
Sanghar Sugar / Dec 20 Sanghar Sugar Mills Limited(SANSM)	27.72 ▼ -3.08 (-10.00%)
Olympia Mills / Dec 20 Olympia Mills Limited(OML)	34.58 ▼ -3.84 (-9.99%)
Nagina Cot. / Dec 20 Nagina Cotton Mills Limited(NAGC)	48.92 ▼ -5.41 (-9.96%)
Oilboy Energy / Dec 20 Oilboy Energy Limited(OBOY)	11.39 ▼ -1.26 (-9.96%)
Arpak Int. / Dec 20 Arpak International Investments Ltd.(ARPAK)	65.22 ▼ -7.19 (-9.93%)

Stock	Volume
WorldCall Telecom / Dec 20 Worldcall Telecom Limited(WTL)	177,645,248 ▲ 0.10
K-Electric Ltd. / Dec 20 K-Electric Limited(KEL)	81,901,542 ▲ 0.16
Cnergyico PK / Dec 20 Cnergyico PK Limited(CNERGY)	68,345,098 ▲ 0.12
Pak Elektron / Dec 20 Pak Elektron Limited(PAEL)	57,974,101 ▲ 1.47
Pak Refinery / Dec 20 Pakistan Refinery Limited(PRL)	45,251,944 ▲ 0.40
Pace (Pak) Ltd. / Dec 20 Pace (Pakistan) Limited(PACE)	43,240,462 ▲ 1.00
Sui South Gas / Dec 20 Sui Southern Gas Company Limited(SSGC)	40,539,001 ▼ -0.74
B.O.Punjab / Dec 20 The Bank of Punjab(BOP)	35,598,669 ▲ 0.24
Symmetry Group / Dec 20 Symmetry Group Limited(SYM)	34,869,613 ▼ -0.72

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