The price of (Brent) begins to recover in its last intraday trading, confirming breaching the critical resistance level at $74.70, where the price managed to settle above it with its attempts to gather the gains of its previous rise, and offloading some of its clear overbought conditions on the (RSI), with the emergence of the negative signals from them, this...

(Reuters) -Intel ( INTC ) hired three chip industry executives in engineering and networking roles on Wednesday, as part of CEO Lip-Bu Tan's plans to overhaul top management and turn around the embattled chipmaker. Tan's plans include trimming the company's large workforce, hiring new leadership, focusing on customer satisfaction and ensuring the foundry business succeeds. Tan started to flatten Intel's...

(Reuters) -Texas Instruments ( TXN ) said on Wednesday it would invest more than $60 billion to build and expand seven semiconductor factories in Texas and Utah, as President Donald Trump presses companies to boost U.S. investments. The investment in foundational or legacy semiconductors will create more than 60,000 jobs in the United States, the company said. The chipmaker joins...

June 18 (Reuters) - Intel ( INTC ) hired three chip industry executives in engineering and networking roles on Wednesday, as part of CEO Lip-Bu Tan's plans to overhaul top management and turn around the embattled chipmaker. Tan's plans include trimming the company's large workforce, hiring new leadership, focusing on customer satisfaction and ensuring the foundry business succeeds. Tan started...