Shares of Intel have more than doubled this year on optimism that backing from the government will help the company's position in AI.

SAP shares jumped after the German business-software firm reported growth in its cloud business, alleviating fears about the impact of AI and geopolitical tensions on software sales. The report allowed ServiceNow to recoup some of its recent losses, but the American software firm is still down 38% for the year to date.

The tech giant reported a 'blowout' quarter with record revenue and stock surge, but its Licking County plants are still on their extended timeline.

Live Updates Wall Street Wakes Up on INTC 55 minutes ago Live Analysts scrambled to reprice Intel after blowout earnings. Citi made the most aggressive move, flipping to Buy from Neutral and nearly doubling its price target to $95 from $48.

Billionaire Elon Musk said Wednesday he plans to use Intel’s forthcoming 14A production technology to make chips in his “Terafab” project for artificial intelligence, self-driving cars and spaceflight.

Elon Musk on Wednesday said that TeraFab plans to use Intel's 14A fabrication technology when it has its own production capacity later this decade and when th

The U.S. government’s equity stake in Intel Corporation has surged to an estimated value of $36 billion, making a staggering 300% increase.

Intel shares jumped 19% Thursday afternoon as the chipmaker reported sales far above its forecasts and predicted continued strong demand for its products. The stock briefly topped $80 a share, the highest point in Intel’s history,

Intel stock rocketed 25% higher in early trading Friday after the company reported better-than-anticipated first quarter earnings and positive Q2 outlook on Thursday, sending shar