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Intel reported better than expected results for its Q2 2023 earnings.

Taiwan Semi lowered guidance for Q3 2023, and the entire semiconductor sector suffered as a result.

Intel was denied 10 billion Euros in requested funding on top of the 6.8 billion that the German government already been approved for its Magdeburg fabrication plant.

After a rough start to its fiscal 2023, Intel has confirmed rumors that it is planning layoffs and budget cuts in the near future.

Tesla has engaged in a price war in China with several EV manufacturers that are utilizing Mobileye technology.

With the release of its Q1 2023 earnings results, Intel put up a beat on revenue and came out with less losses in EPS than expected.

The company cut its dividend from 36.5 cents to 12.5 cents following weeks of previous compensation cuts.

Intel was already seeking to establish a state-of-the-art chip factory in Germany with the government covering 7 billion euros of the cost.

Intel's Q4 2022 earnings results unfortunately missed on a few different metrics as it closed out its fiscal year.