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At close: March 12 at 5:00:11 PM GMT-3

As Intel welcomes a new CEO, a look at where the company stands

Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan t o be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company's board, with Intel CFO David Zinsner and executive vice president of client relations Michelle Johnston Holthaus stepping in as co-CEOs. Tan, who was most recently the CEO of Cadence Design Systems, is joining Intel — and rejoining the board — at an interesting time in the Silicon Valley company's history. Intel has seen

TechCrunch 3 hours ago

INTC
Big Tech relief, tariffs weigh on stocks: Market Takeaways

The Nasdaq Composite (^IXIC) and S&P 500 (^GSPC) ended Wednesday's session in positive territory as recent tech laggards Nvidia (NVDA) and Tesla (TSLA) caught some relief in the trading day. Yahoo Finance senior markets reporter Josh Schafer explains the day's biggest market themes, including the political and economic uncertainty President Trump's tariffs continue to throw at equity markets. To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

Yahoo Finance Video 4 hours ago

^NDX

^DJI

^GSPC
Adobe needs to prove it is an 'AI winner'

Adobe's (ADBE) first quarter results exceeded expectations, with adjusted earnings per share (EPS) coming in at $5.08 compared to the expected $4.97, and revenue coming in at $5.71 billion compared to the expected $5.66 billion. Wolfe Research managing director and head of software research Alex Zukin joins Market Domination Overtime to discuss Adobe's position in the artificial intelligence (AI) market, highlighting its unique combination of content creation tools. He also emphasizes the importance of demonstrating AI-driven growth metrics to restore investor confidence in Adobe's long-term prospects. To watch more expert insights and analysis on the latest market action, check out more Market Domination Overtime here.

Yahoo Finance Video 5 hours ago

ADBE
Nvidia GTC 2025: What to expect from this year's show

GTC, Nvidia's biggest conference of the year, begins Monday and runs till Friday in San Jose. TechCrunch will be on the ground covering the news as it happens — and we're expecting a healthy dose of announcements. CEO Jensen Huang will give a keynote address at the SAP Center on Tuesday at 10 a.m. Pacific, focusing on — what else? — AI and accelerating computing technologies, according to Nvidia. The company is also teasing reveals related to robotics, sovereign AI, AI agents, and automotive — p

TechCrunch 6 hours ago

NVDA
TSMC pitching Intel joint venture to other chipmakers: Rpt.

Intel (INTC) stock is getting a boost on Wednesday on reports from Reuters that Taiwan Semiconductor Manufacturing Company (TSM) is in talks with fellow chipmakers Nvidia (NVDA), Advanced Micro Devices (AMD), and Broadcom (AVGO) to run Intel's foundry business. Yahoo Finance Tech Editor Dan Howley joins Market Domination with Julie Hyman and Josh Lipton to discuss the developments in the chipmaker space. To watch more expert insights and analysis on the latest market action, check out more Market Domination here.

Yahoo Finance Video 12 hours ago

INTC

TSM

TSMWF
Intel stock climbs following report that TSMC has pitched Nvidia, AMD on venture to run Intel's foundry business

Shares of Intel rose on Wednesday following a Reuters report that TSMC has pitched Nvidia, AMD, and Broadcom on a plan to run Intel's chip manufacturing business.

Yahoo Finance 9 hours ago

AVGO

TSM

TSMWF
'Capitulatory signals' indicate potential upside for chip stocks

Chip stocks are climbing today as the stock market (^DJI, ^IXIC, ^GSPC) looks to recover from recent sell-offs, though the S&P semiconductor ETF (XSD) remains down over 15% this year. Jonathan Krinsky, BTIG's chief market technician, joins Catalysts host Madison Mills to discuss the pressures facing the semiconductor industry and key technical indicators for a potential rebound. To watch more expert insights and analysis on the latest market action, check out more Catalysts here.

Yahoo Finance Video 10 hours ago

QCOM

TSM

TSMWF
Apple's AI strategy is showing troubling cracks

Apple's AI strategy is off to a poor start, and it may be a while before things get better.

Yahoo Finance 11 hours ago

NVDA

GOOG

MSFT
Goldman Sachs cuts S&P 500 target, citing Maleficent 7 weakness

The Magnificent Seven — the group comprised of tech stocks Nvidia (NVDA), Alphabet (GOOG, GOOGL), Tesla (TSLA), Microsoft (MSFT), Amazon (AMZN), Meta Platforms (META), and Apple (AAPL) — has been relabeled as the "Maleficent" Seven by Goldman Sachs. Brad Smith and Madison Mills take a closer look at the analyst note as the Goldman team also cut its S&P 500 (^GSPC) year-end target to 6,200 amid recent megacap tech stock sell-offs. To watch more expert insights and analysis on the latest market action, check out more Morning Brief here.

Yahoo Finance Video 12 hours ago

AMZN

MAGS

NVDA
Why Rigetti Computing Inc. (RGTI) Is Skyrocketing Today?

We recently published a list of 10 Stocks Skyrocketing Today. In this article, we are going to take a look at where Rigetti Computing Inc. (NASDAQ:RGTI) stands against other stocks that are skyrocketing today. The stock market ended mixed on Wednesday, with the Dow Jones emerging as the sole decliner, as investors digested more news […]

Insider Monkey 30 minutes ago

RGTIW

^GSPC
Why Sprinklr Inc. (CXM) Is Skyrocketing Today?

We recently published a list of 10 Stocks Skyrocketing Today. In this article, we are going to take a look at where Sprinklr Inc. (NYSE:CXM) stands against other stocks that are skyrocketing today. The stock market ended mixed on Wednesday, with the Dow Jones emerging as the sole decliner, as investors digested more news of […]

Insider Monkey 31 minutes ago

CXM

^GSPC
Intel CEO Signals That He’ll Stick With Contentious Foundry Plan

(Bloomberg) -- Incoming Intel Corp. Chief Executive Officer Lip-Bu Tan is signaling that he’ll stick with his predecessor’s plan to make chips for other companies, even as he vows to learn from past mistakes. Most Read from BloombergTrump DEI Purge Hits Affordable Housing GroupsNYC Congestion Pricing Toll Gains Support Among City ResidentsElectric Construction Equipment Promises a Quiet RevolutionOpen Philanthropy Launches $120 Million Fund To Support YIMBY ReformsInside the ‘Not Architecture’ o

Bloomberg 1 hour ago

INTC

TSM
Intel found someone brave enough to be its new CEO—but is Lip-Bu Tan a change maker or more of the same?

Tan is the Goldilocks CEO pick. He checks all the boxes to make everyone happy. Whether that’s what Intel actually needs is the question.

Fortune 2 hours ago

INTC
Who is new Intel CEO Lip-Bu Tan?

Tan, a respected semiconductor industry veteran who will take the mantle on March 18, had been seen as a CEO contender since Intel ousted company veteran Pat Gelsinger last year. Here are some details about him: * A 65-year-old Malaysian-born executive, Tan studiedphysics at Nanyang Technological University in Singapore. * He holds a master's degree in nuclear engineering from theMassachusetts Institute of Technology, and an MBA from theUniversity of San Francisco.

Reuters 2 hours ago

INTC
Adobe Stock Slides Despite Earnings Beat. The CFO Is Confident About AI.

Adobe shares were sliding late Wednesday despite better-than-expected quarterly results from the software firm. Adobe posted first-quarter adjusted earnings of $5.08 a share on revenue of $5.71 billion. Analysts surveyed by FactSet were expecting the creative software company to report earnings of $4.97 a share on revenue of $5.66 billion.

Barrons.com 2 hours ago

ADBE
Veteran fund manager's blunt take on Nvidia raises eyebrows

Here's what could happen to Nvidia's stock next.

TheStreet 3 hours ago

NVDA
Compared to Estimates, Adobe (ADBE) Q1 Earnings: A Look at Key Metrics

Although the revenue and EPS for Adobe (ADBE) give a sense of how its business performed in the quarter ended February 2025, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Zacks 3 hours ago

ADBE
Intel hires former board member as new CEO in struggling chipmaker's latest comeback attempt

Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around a once-dominant company that helped define Silicon Valley. Tan, 65, will take over the daunting job next Tuesday, more than three months after Intel's previous CEO, Pat Gelsinger, abruptly retired amid a deepening downturn that triggered massive layoffs and raised questions about the chipmaker's ability to survive as an independent company. This won't be Tan's first time running a semiconductor company, nor his first association with Intel.

Associated Press Finance 4 hours ago

INTC
Nasdaq Correction: This Magnificent AI Stock Is a Bargain Buy

In a stunning turn of events, the Nasdaq Composite has completely cratered and is now down over 13% since Feb. 18 (as of this writing). The culprit has been a combination of U.S. President Donald Trump's tariffs and weak economic data that could be pointing to a recession, or perhaps stagflation. The market previously reached dizzying high levels, as the artificial intelligence (AI) trade led investors to throw valuations aside and buy like there was no tomorrow.

Motley Fool 4 hours ago

COMP

NVDA
Is Target Stock a Buy in March 2025?

The stock's endured a painful 55% slide over the past few years. However, things could start looking up.

Motley Fool 4 hours ago

TGT

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Related News

As Intel welcomes a new CEO, a look at where the company stands

Big Tech relief, tariffs weigh on stocks: Market Takeaways

Adobe needs to prove it is an 'AI winner'

Nvidia GTC 2025: What to expect from this year's show

TSMC pitching Intel joint venture to other chipmakers: Rpt.

Intel stock climbs following report that TSMC has pitched Nvidia, AMD on venture to run Intel's foundry business

'Capitulatory signals' indicate potential upside for chip stocks

Apple's AI strategy is showing troubling cracks

Goldman Sachs cuts S&P 500 target, citing Maleficent 7 weakness

Why Rigetti Computing Inc. (RGTI) Is Skyrocketing Today?

Why Sprinklr Inc. (CXM) Is Skyrocketing Today?

Intel CEO Signals That He’ll Stick With Contentious Foundry Plan

Intel found someone brave enough to be its new CEO—but is Lip-Bu Tan a change maker or more of the same?

Who is new Intel CEO Lip-Bu Tan?

Adobe Stock Slides Despite Earnings Beat. The CFO Is Confident About AI.

Veteran fund manager's blunt take on Nvidia raises eyebrows

Compared to Estimates, Adobe (ADBE) Q1 Earnings: A Look at Key Metrics

Intel hires former board member as new CEO in struggling chipmaker's latest comeback attempt

Nasdaq Correction: This Magnificent AI Stock Is a Bargain Buy

Is Target Stock a Buy in March 2025?