Bloomberg Tech Intel Soars on Potential Deals, Musk says Grok-3 is "Smartest AI"
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Feb 18, 2025 Dana Dioria, Group President at InvestNet Solutions, shares insight into investment strategies focused on the MAG7 stocks amidst changing market dynamics. Joelle Emerson, Co-founder and CEO of Paradigm, discusses how the evolution of diversity, equity, and inclusion programs in tech can lead to meaningful business outcomes. The conversation dives into Intel's stock surge linked to potential deals with TSMC and Broadcom, while Elon Musk promotes his new Grok-3 AI model, stirring discussions on the ethics and future of AI technologies.
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Intel Stock Surge
- Intel's stock surged after reports of potential deals with TSMC and Broadcom.
- These deals could split Intel into two, focusing on chip design and manufacturing.
Intel's Chip Plant Losses
- Intel's chip plants are currently operating at a loss, creating a drag on the company's performance.
- A potential deal with TSMC could help rescue Intel's foundry business and support domestic chip manufacturing.
Non-Sexy Tech Stocks and AI
- Companies like IBM and Cisco are gaining attention as AI contenders.
- Positive revenue forecasts and strong sales targets, along with their relation to AI, have renewed investor interest.