Intel (INTC) hires Qualcomm (QCOM) executive to lead GPU engineering for data centres, CRN reports
Intel's decision to appoint a Qualcomm executive to head GPU engineering for data centers underscores its strategic push to enhance its capabilities in the semiconductor space.
US FX WRAP: Dollar erases earlier weakness after Trump disregards Hassett as Fed Chair pick
TREASURY WRAP: T-NOTE FUTURES (H6) SETTLE 15 TICKS LOWER AT 111-24
Intel (INTC) hires Qualcomm (QCOM) executive to lead GPU engineering for data centres, CRN reports
IAEA says secured agreement between Russia and Ukraine to implement ceasefire for repairs to begin on last remaining backup power line to Zaporizhzhya plant
CRUDE WRAP: WTI (G6) SETTLES USD 0.25 HIGHER AT USD 59.44/BBL; BRENT (H6) SETTLES USD 0.37 HIGHER AT USD 64.13/BBL
Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.
This move could signal a more aggressive approach in competing against rivals, potentially affecting market positions in the semiconductor sector. Investors might want to watch for market reactions in both Intel and Qualcomm stocks, particularly in terms of how this leadership change could influence tech sector dynamics and future innovation.
Related headlines
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
- Daily US Equity Opening News: ORCL gains on earnings and FY guidance beat; ADBE weighed by slight Q4 revenue miss; SMR downgraded2 days ago
- EU officials have questioned cloud providers for more information ahead of a key deadline in their argument with Broadcom (AVGO) over the licensing overhaul for VMware, Bloomberg reports2 days ago
- Situational Awareness builds relationships with new brokers as it attempts rebound, reports FT; is rebuilding large trading positions in stocks such as AMD (AMD), Intel (INTC), SK Hynix (SHY), Sandisk (SNDK) and Coreweave (CRWV)2 days ago
- Burry adds to his positions in Zoetis (ZTS) and Lululemon (LULU); sold entire position in Flutter (FLUT)1 day ago
- Google (GOOGL) just completed its USD 1.5bln-plus deal for AI startup Mechanize, reports Business Insider2 days ago
- Paypal's (PYPL) new chief executive, Enrique Lores, is mapping out his plans for going it alone rather than selling the company for more than USD 50bln, reports WSJ2 days ago
- US EQUITY OPEN: US indices reverse initial CPI losses2 days ago
- Fox's Gasparino says "Paramount’s (PSKY) CEO has "tricks up his sleeve" to get his Warner (WBD) acquisition cleared in California"2 days ago
- US PREMARKET MOVERS: ORCL, ADBE, ACVA, KR, RH, CELH, GME, NVO, SMR2 days ago
- US BROKER MOVES: IP upgraded at BofA; NVO downgraded at Morgan Stanley2 days ago
- TikTok has reportedly rejected advertisements from Meta (META) that call on the Co. and other tech platforms to join Meta in settling with US state AGs in a children's safety lawsuit, Axios reports2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan2 days ago
- US President Trump reiterates USD 5k payment to all US adults will happen 2 days ago
- CRUDE WRAP: WTI (V6) SETTLES USD 2.43 LOWER AT 100.05/BBL; BRENT (X6) SETTLES USD 3.02 LOWER AT 104.61/BBL2 days ago
- Saudi Crown Prince MBS has personally urged President Trump to launch military strikes against Houthi forces in Yemen amid their rapid advance along the Red Sea coast, reports to CBS citing sources2 days ago
- US President Trump reiterates that Iran will never possess a nuclear weapon2 days ago
- European Equity pre-Market Summary - 11th September 2026: European bourses rebound, with focus on the US CPI2 days ago
- Newsquawk Daily European Equity Opening News - 11th September 20262 days ago
The whole workspace, free to try.
Try it free