#Intc

After a 200% YTD rally in Intel's stock, the policy premium may fade without CPU share recovery and Foundry earnings. Click for this INTC stock update.

Intel stock looks overvalued after a 520% surge. Click to see INTC's GAAP losses, analyst targets, and a 92% gap-fill setup—plus an August put trade idea.

From Techmeme: Sources: Sam Altman discussed spinning out OpenAI's robotics and consumer hardware divisions in late 2025 to give them more room to grow; the plan was rejected (Berber Jin/Wall Street Journal)

From Techmeme: As Colorado tech leaders say that burdensome regulations are driving companies away, lawmakers introduce a slimmer version of an AI anti-discrimination bill (Owen Tucker-Smith/Wall Street Journal)

From Techmeme: How AI is transforming the pharma industry, with most gains so far from back-office streamlining and faster manufacturing rather than breakthrough drug research (Peter Loftus/Wall Street Journal)

From Techmeme: Lattice Semiconductor agrees to acquire AMI for $1.65B in cash and stock; Georgia-based AMI provides firmware and infrastructure manageability for cloud and AI (Mike Rogoway/Oregonian)

From Techmeme: Grab reports Q1 revenue up 24% YoY to $955M, above est., and a $154M adjusted EBITDA, vs. $146.3M est., helped by resilient demand for ride hailing and delivery (Olivia Poh/Bloomberg)

From Techmeme: New Mexico child safety trial: New Mexico asks a judge to declare Meta a public nuisance and to order it to pay $3.7B and overhaul its apps to protect children (Diana Novak Jones/Reuters)

From Techmeme: Crypto stocks jump after lawmakers struck a compromise on the CLARITY Act to preserve stablecoin rewards under certain conditions; Circle's stock closed up ~20% (Tanaya Macheel/CNBC)

From Techmeme: Why there is a 60%+ chance of AI systems autonomously building their own successors by the end of 2028, and a look at the consequences of fully automated AI R&D (Jack Clark/Import AI)