Intel Rises, Meta Gains, Staar Surgical Jumps as Prelim 1Q Net Sales Beats Estimates
On this episode of Stock Movers: Intel (INTC) shares rise after the company said Alphabet Inc.'s Google has committed to using future generations of its Xeon processors and other chips. As part of the agreement, Google will customize Intel's IPUs, which handle functions such as networking, security and storage. Meta (META) shares gain after news CoreWeave struck a $21 billion deal to supply computing power to Meta Platforms Inc. through 2032. CoreWeave will provide AI cloud capacity to Meta from multiple data centers powered in part by the Rubin systems of chips company Nvidia Corp., through…
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