Amid a lot of exciting news, Intel's stock may have gotten ahead of itself.

Standardizing APX doubles the GPR count to 32, resulting in 10% fewer loads and 20% fewer stores, without significantly increasing power or silicon area.

After a 700% rally the past year, traders poured into Micron options Tuesday, paying expensive premiums to get access to further upside in the legacy memory-chip maker that became one of the market's hottest AI trades over the past year.

Sales of Intel's central processing units and custom AI processors are gaining traction as AI inference workloads grow.

Intel is on track to surpass its record market-cap level achieved back in 2000, with enthusiasm building over the potential for a partnership with Apple.

Many cuts pre-date the appointment last year of Lip-Bu Tan as CEO. Now, Tan is placing a long-term bet beyond the current crop of AI chips and doubling down on quantum processors and neuromorphic chips, which survived Intel’s earlier product cuts.

Qualcomm Vice President Alex Katouzian is joining Intel to run its PC and physical artificial intelligence businesses. Physical AI refers to applications for advanced computing in robotics and similar fields.

Intel stock has risen more than fivefold in the past 12 months. (Dreamstime) Chip stocks were gaining in Wednesday—even Intel— after Advanced Micro Devices upbeat earnings gav