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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Intel Corporation | NASDAQ:INTC | NASDAQ | Common Stock |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.20 | 0.66% | 30.57 | 30.55 | 30.57 | 30.67 | 30.19 | 30.59 | 50,819,517 | 22:46:13 |
From May 2019 to May 2024
By Michael Dabaie
Intel Corp. (INTC) shares were up in Monday morning trading.
Intel shares were up 1% to $58.38 in morning trading. The DJIA was trading up 0.7% while the S&P 500 was up 0.9% in Monday morning markets.
The company said earlier it acquired Habana Labs, an Israel-based artificial intelligence chip maker, for about $2 billion.
Intel said the deal strengthens its artificial intelligence portfolio and boosts its efforts in the AI silicon market.
"Habana turbo-charges our AI offerings for the data center with a high-performance training processor family and a standards-based programming environment to address evolving AI workloads," said Navin Shenoy, executive vice president and general manager of the Data Platforms Group at Intel.
Write to Michael Dabaie at michael.dabaie@wsj.com
(END) Dow Jones Newswires
December 16, 2019 11:04 ET (16:04 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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