"We Respect IP": Intel Stock (NASDAQ:INTC) Gains as Lip-Bu Tan Addresses Wei-Jen Lo Matter

Intel's stock rose 3.5% after Lip-Bu Tan addressed rumors about Wei-Jen Lo joining Intel from TSMC, emphasizing respect for IP. An investigation is underway regarding potential national security implications. Intel's Panther Lake yields are increasing, potentially boosting production without raising costs. Analysts rate INTC stock as Hold, with a 2.59% upside potential.

BREAKINGVIEWS-Humble 493 hang tough with the Magnificent 7

Sebastian Pellejero discusses the performance of Nvidia and other Big Tech companies, which grew their bottom lines by 18% last quarter. Meanwhile, other S&P 500 members like Delta and Corning achieved a 12% increase despite economic challenges. The sustainability of these valuations depends on continued efficiency. The S&P 500 Index is down 3% in November but up 11% since the start of 2025.

Makers slam Qualcomm for tightening the clamps on Arduino

Qualcomm has revised the terms of service for its acquisition, Arduino, causing backlash from the maker community. The new terms grant Qualcomm extensive rights over user content and prohibit reverse-engineering, deviating from Arduino's open-hardware ethos. Adafruit and other critics have condemned these changes, highlighting concerns over privacy and user data integration. The reaction from the community has been overwhelmingly negative, with many expressing disappointment and concern over the future of Arduino under Qualcomm's ownership.

Chip, AI stocks mixed, while broader market shows positive sentiment

Chip and AI stocks showed mixed performance, with Nvidia flat, AMD and Broadcom down, while Qualcomm rose. The Nasdaq Composite climbed 0.8%, S&P 500 rose 1%, and Dow advanced 1.2%. GlobalFoundries, Texas Instruments, and Lattice Semiconductor saw significant gains. A bipartisan bill was introduced to restrict Chinese chipmaking equipment purchases by CHIPS Act grant recipients.

Shares of Onsemi are trading higher after the company's new semiconductor production facility received the European Commission approval for €450 million Czech State aid.