Intel's $24 Billion Rally Sends Valuation to Dot-Com Levels
Shares of the struggling chipmaker have rallied 28% this month, adding about $24 billion in market value, on reports that the US government is in talks for a potential equity stake, as well as plans for a $2 billion investment from Japan's SoftBank Group Corp. The jump has Intel trading at 53 times profits projected over the next 12 months, the highest since early 2002, according to data compiled by Bloomberg.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Epoch Times
a minute ago
- Epoch Times
Woodside Profit Slides 24 Percent Despite Oil and Gas Production Boom
Oil and gas giant Woodside Energy has reported a 24 percent drop in its underlying net profit after tax (NPAT) at US$1.2 billion in the first half of 2025. The energy company attributed this fall to lower oil and gas prices, and depreciation of its Sangomar oil project in Senegal.
Yahoo
28 minutes ago
- Yahoo
‘Beyond Discrete – Sensing the Future' Murata showcases Next-Gen Technologies Driving a Smarter and Greener Future at electronica India 2025
KYOTO, Japan, August 20, 2025--(BUSINESS WIRE)--Murata Manufacturing Co., Ltd. (TOKYO: 6981) (ISIN: JP3914400001) will showcase its latest innovations at electronica India 2025, being held from September 17–19 at the Bangalore International Exhibition Centre (BIEC). Located at Booth H3E01, right at the entrance of Hall 3, Murata's exhibit will spotlight innovations aligned with this year's main theme – 'Powerplay in Electronics'. This year, Murata will present its innovations under the theme 'Beyond Discrete – Sensing the Future,' highlighting its transformation beyond traditional component manufacturing to a provider of intelligent, integrated solutions. The exhibition will highlight Murata's strengths in sensing, connectivity, and power technologies, and how these capabilities are enabling smarter, more sustainable systems across key sectors such as mobility, digital infrastructure, and environmental applications. The booth will feature three immersive experience zones: Data Centre, Mobility, and Sensing Solutions. Data Centre Zone: Powering Scalable and Sustainable Infrastructure In this zone, Murata will feature a range of high-efficiency power modules and advanced RF switch technologies from pSemi, its semiconductor subsidiary. These solutions are engineered to meet the growing demands of modern digital infrastructure, offering compact, reliable, and sustainable performance to support the expansion of data centres in the AI and 5G era. Mobility Zone: Accelerating the Shift to Smart Transportation Murata's Mobility Zone will present advanced technologies driving the future of intelligent transportation. This includes Vehicle-to-Everything (V2X) communication modules to support real-time data exchange, and MEMS sensors for structural monitoring and in-vehicle applications. Visitors will also see 3-row CPD radar systems, underscoring Murata's commitment to safer, autonomous, and connected mobility. Sensing Solutions Zone: Building Smarter, Sustainable Ecosystems The Sensing Solutions Zone will showcase how Murata's sensing and communication technologies enable smarter environments - from industrial and urban infrastructure to agriculture and healthcare. Highlights include AI-powered video analytics, LoRa-based sensing solutions for agriculture and environmental monitoring, and battery life cycle optimization technologies. The zone also features collaborative solutions developed with global partners such as Toshiba and Renesas, including edge AI voice detection modules, SMD PIR sensors, and compact integrated micro-modules - all designed to bring intelligence, efficiency, and sustainability to real-world applications. Beyond Discrete – Sensing the Future Murata's participation at electronica India 2025 goes beyond a conventional exhibition. It reflects the company's commitment to transforming passive components into active enablers of intelligent systems. Through live demos and real-world cases, Murata will demonstrate how its sensing and communication technologies empower a future where the physical and digital worlds are seamlessly integrated. Join us at electronica India 2025 Visit Murata at Booth H3E01, Hall 3 at electronica India 2025 to witness how Murata is redefining what's possible through innovation, intelligence, and integration. From sustainable mobility to smart infrastructure and beyond, Murata continues to lead the way in delivering solutions that go far 'Beyond Discrete' - toward a more connected and intelligent future. About Murata Murata Manufacturing Co., Ltd. is a worldwide leader in the design, manufacture and sale of ceramic-based passive electronic components & solutions, communication modules and power supply modules. Murata is committed to the development of advanced electronic materials and leading edge, multi-functional, high-density modules. The company has employees and manufacturing facilities throughout the world. Murata India plays a strategic role in the company's global operations, supporting customers across the country with advanced engineering capabilities, local application support, and deep industry partnerships. Through its presence in key Indian technology hubs, Murata India is driving forward the company's commitment to enabling innovation and sustainable growth in one of the world's most dynamic markets. For more information, visit Murata's website View source version on Contacts For more information, please contact:Murata Electronics (India) Private S N, Error in retrieving data Sign in to access your portfolio Error in retrieving data
Yahoo
28 minutes ago
- Yahoo
A New Era of Loyalty Begins: Marriott Bonvoy and Flipkart launch a strategic partnership, opening a world of unrivalled value and experiences for Indian consumers
India's first travel-retail loyalty integration brings together the one of the country's largest e-commerce platform and global hospitality leader Members can now earn and redeem rewards seamlessly across Flipkart's shopping ecosystem and Marriott Bonvoy's global travel program NEW DELHI, India, Aug. 20, 2025 /PRNewswire/ -- Marriott Bonvoy, Marriott International's award-winning travel platform, and Flipkart SuperCoins, the country's most rewarding and inclusive loyalty program, have announced India's industry-first dual loyalty integration. This alliance brings together Marriott Bonvoy's global rewards ecosystem and Flipkart's SuperCoins, a multi-brand rewards program that forms the core of the Flipkart Plus loyalty scheme, giving members a frictionless way to earn more, redeem smarter, and unlock rewards faster. Premised on "Your Cart Takes You Places," this first of its kind collaboration in India lets millions of members seamlessly earn and swap Flipkart SuperCoins and Marriott Bonvoy points — unlocking rewards that stretch from everyday shopping carts to free stays, suite upgrades, and unforgettable getaways across the globe. The strategic partnership between Marriott Bonvoy and Flipkart brings the best of both worlds to consumers in India, making it easier than ever to shop, earn, and travel, turning everyday transactions into unforgettable experiences. By linking both accounts, members enjoy exclusive Marriott Bonvoy member benefits, earn Marriott Bonvoy points when they shop on Flipkart and unlock great deals on Cleartrip and Flipkart Travel. "This strategic collaboration is an exciting step forward in how we bring more value to our Marriott Bonvoy members in India. By teaming up with one of the local leaders like Flipkart, we're making it easier for millions of consumers to enjoy the benefits of travel and everyday rewards. With 159 hotels across 40 plus cities in India, we're thrilled to bring our global travel program closer to Flipkart's users, offering them unrivalled access to our tiered benefits and exclusive Marriott Bonvoy Moment experiences. In the coming months, we look forward to expanding this partnership to include international destinations and our extensive portfolio of hotels worldwide, further enriching the travel experiences of our members," said John Toomey, Chief Commercial Officer, Asia Pacific excluding China, Marriott International. "This collaboration not only enhances value for our existing members but also positions both brands to strongly to capitalize on India's phenomenal travel growth. From holiday getaways to everyday purchases, members can now unlock cross-platform rewards that fit effortlessly into their lifestyle. It's a customer-first approach that's not just about earning points - it's about making every moment, purchase, and experience count," reveals Ranju Alex, Regional Vice President, South Asia, Marriott International. Commenting on the strategic partnership, Manjari Singhal, Head - Flipkart Travel, said, "Over the years, we've focused on building experiences that add real value to our customers' lives, and we're proud to have shaped SuperCoins into one of India's most rewarding and inclusive loyalty programs. In the context of this partnership, bringing Flipkart SuperCoins and Marriott Bonvoy points together means we're not just rewarding transactions; we're enriching lifestyles through shopping, travel, and stays. This collaboration strengthens our vision of creating a truly integrated, cross-category rewards ecosystem. Whether it's shopping on Flipkart, booking a Marriott stay, or planning a trip on Flipkart Travel or Cleartrip, customers can now earn and redeem rewards in more meaningful ways." Key benefits of this partnership: Marriott Bonvoy members can earn Marriott Bonvoy points across Flipkart's extensive marketplace. Customers must be registered members of both platforms and link their accounts to unlock benefits Joint customers who have linked their accounts can transfer Flipkart SuperCoins to Marriott Bonvoy points and redeem the same for booking hotels on Members can exchange Marriott Bonvoy points to Flipkart SuperCoins and redeem the same for shopping on Flipkart at the exchange rate of 2 Marriott Bonvoy points to 1 SuperCoin, and 2 SuperCoins to 1 Marriott Bonvoy point. Marriott Bonvoy member benefits are easily accessible to Flipkart members directly through the platform (FK Travel), the categories page, SuperCoin Zone and the account section. The partnership extends Marriott Bonvoy's value beyond hotel stays, integrating it more seamlessly into daily life See details of the partnership here. To view benefits, including terms and conditions, visit: About Marriott Bonvoy® Marriott Bonvoy, Marriott International's award-winning travel platform, connects travelers to the people, places, and passions they love through an extraordinary collection of hotels and experiences worldwide. The platform features over 30 hotel brands and 10,000 destinations, including the largest collection of luxury offerings, distinctive boutique properties, premium home rentals, and more, providing renowned hospitality across the globe. With unrivaled access to the best in entertainment, culinary, sports, outdoor adventure, arts, culture, and more, Marriott Bonvoy offers transformative travel experiences that leave a lasting impression. Marriott Bonvoy membership is free and unlocks unique benefits including the ability to earn points through travel and everyday activities, like purchases with co-branded credit cards. Members can redeem their points for free stays, experiences and more. Visit for more information and download the Marriott Bonvoy app here. Travelers can connect with Marriott Bonvoy on Instagram, TikTok, YouTube, and Marriott Bonvoy Insiders. About Flipkart The Flipkart Group is one of India's leading digital commerce entities and includes group companies Flipkart, Myntra, Flipkart Wholesale, Cleartrip and Established in 2007, Flipkart has enabled millions of sellers, merchants, and small businesses to participate in India's digital commerce revolution. With a registered user base of more than 500 million, Flipkart's marketplace offers over 150 million products across 80+ categories. Today, there are over 1.4 million sellers on the platform, including Shopsy sellers. With a focus on empowering and delighting every Indian by delivering value through technology and innovation, Flipkart has created thousands of jobs in the ecosystem while empowering generations of entrepreneurs and MSMEs. Flipkart has pioneered services such as Cash on Delivery, No Cost EMI, Easy Returns, and UPI. These customer-centric innovations focus on enhancing digital payment offerings for all customers while making online shopping more accessible and affordable for millions of Indians. For further detail contact: Jimit Suresh ShahDirector – PR, Brand & Internal Communications, FlipkartEmail: Noelle Rocque DanielPR Director - South Asia, Marriott InternationalEmail: View original content to download multimedia: SOURCE Marriott International Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
