On Monday, Shares of Intel Corporation (NASDAQ:INTC), dipped -1.94% to $33.19. The firm opened its current trade at $33.60. The total volume traded for the day is 16.07M shares, as compared to its average daily volume of 30.75M shares. The stock is floating in a range of $33.08 - $33.83. The stocks hold the market capitalization of $158.38B.
Intel Corporation (NASDAQ:INTC), declared new products and collaborations to accelerate the move toward more agile and cloud-ready communications networks that can address recently’s demand for new telecommunications, cloud and data center services and handle tomorrow’s devices and services.
New Products and Ecosystem Collaborations Will Assist the Industry Modernize Recently’s Networks and Build the Foundation for 5G
NEWS HIGHLIGHTS
Expansion of Intel® Xeon® processor D-1500 product family and new Intel® Ethernet Controllers boost performance and bandwidth, and enable more intelligence in the network for rapid delivery of services to consumers and businesses.
Intel collaborates with industry leaders globally and declares that América Móvil* selected Intel as a technology partner to upgrade its network.
Intel grows its networking ecosystem to drive development and deployment of open, industry-standard solutions and declares partnership with Red Hat* through Intel® Network Builders Fast Track.
Billions of devices are becoming connected – from smartphones to cars to factories – and that brings new use cases and service opportunities that drive unprecedented growth in network and storage demands. Recently’s networks are not designed in a way that allows communications providers to quickly or cost effectively expand their infrastructure. To realize the potential of the Internet of Things (IoT) and enhance mobile computing experiences, communications networks need to be re-architected, with raised programmability and built-in flexibility throughout the infrastructure to handle the anticipated improvement in volume and complexity of data traffic.
“Networks are facing extraordinary demands as more devices become connected and new digital services are offered,” said Sandra Rivera, vice president, Data Center Group and general manager, Network Platforms Group, Intel. “Building intelligence throughout the communications infrastructure and using a standards-based approach offers service providers the foundation to build agile, cloud-ready networks that allow them to expand their services capabilities.”
Intel Corporation designs, manufactures, and sells integrated digital technology platforms worldwide. It operates through PC Client Group, Data Center Group, Internet of Things Group, Mobile and Communications Group, Software and Services, and All Other segments.
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