Intel CEO Pat Gelsinger Suddenly Retires
Intel CEO Pat Gelsinger announced his retirement on December 1st after a 40-plus year career.
Intel's $7.86B US Subsidy Restricts Sale Of Chipmaking Unit
Intel revealed that the U.S. government subsidies require it to retain at least 50.1% ownership of Intel Foundry if separated into a private entity, and limit sales to a single shareholder to 35% if the unit becomes public, before running into "change-in-control" provisions.
US To Cut Intel's CHIPS Grant Amid Investment Setbacks And Historic Losses: Report
In October, Intel posted its biggest quarterly loss in the entire 56-year history of the company, facing more pressure than ever to reduce its costs.
Nvidia Replaces Struggling Rival Intel On Dow Jones Industrial Average
The move is intended to 'ensure a more representative exposure to the semiconductors industry,' according to S&P Dow Jones Indices.
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Intel CEO Wants To Slim Down Company, Cut Costs: Report
Pat Gelsinger will pitch the plan to the board of directors in the wake of last month's $1.6 billion quarterly loss, a source told Reuters.
Intel Considers Splitting Product-Design, Manufacturing Divisions: Report
The deliberations, which remain confidential, include the possibility of scaling back certain factory projects and even a potential merger or acquisition.
Intel Shareholders File Suit Against Company For Concealing Problems That Plunged Shares
Intel shareholders are suing the company after it allegedly concealed problems from them about a major stock loss.
Intel To Slash Workforce By The Thousands To Regain Income Slump
Intel is reported to be slashing its workforce drastically in the hopes of rebounding from an income slump.
Intel CEO Optimistic On Company's $1 Billion Cumulative Software Revenue By 2027
In 2021, the year that its current CTO was brought in from VMware by CEO Pat Gelsinger to help steer the company's software strategy, Intel made more than $100 million in software revenue.
Intel Unveils New Chip Tech In AI Battle With Nvidia, AMD
For decades, Intel has dominated the market for the chips that run everything from laptops to data centers. But in recent years, its competitors, especially Nvidia, have soared ahead on specialized AI processors.
Intel, Qualcomm Blocked From Shipping Chips to Huawei Amid Fresh U.S. Crackdown
The U.S. government has revoked certain export licenses allowing companies like Intel and Qualcomm to ship chips to sanctioned Chinese tech giant Huawei Technologies.
China Blocks Use Of US-Made Intel & AMD Chips In Govt Computers: Report
The latest measure underscores Communist China's drive to enhance its native technological prowess, mirroring actions taken by the US amidst escalating tensions between the two global powers.
Is Biden's $8.5B Chip Pact With Intel A Game-Changer for American Tech?
The Biden administration commits $8.5 billion to bolster domestic semiconductor manufacturing, aiming to reduce reliance on Chinese suppliers.
Netflix, Tesla And Intel Take Wall Street For A Wild Ride, But The Rally In Stocks Remains Intact
The continuation of the rally in equities, which took the S&P 500 and the Dow Jones to yet new highs, came as bond prices and yields remained steady.
Jack Dorsey's New Initiative Could Bring Decentralization To Crypto Mining Industry
Jack Dorsey's tech company could level the playing field with the launch of its new product for cryptocurrency mining.
Bitcoin Miners Face Major Setback As Intel Axes Year-Old Crypto Chip
Intel expects to stop getting orders for the crypto mining chip, dubbed Blockscale, by Oct. 20, 2023, and terminate shipping of the said product line by April 20, 2024.
Intel To Work With Arm On Chip Manufacturing Compatibility
Intel Corp on Wednesday said its chip contract manufacturing division will work with U.K.-based chip designer Arm Ltd to ensure that mobile phone chips and other products that use Arm's technology can be made in Intel's factories.
As Layoffs Sweep Through Tech, Media Companies, These CEOs Are Taking Massive Pay Cuts
As layoffs sweep through multiple business sectors, these CEOs are foregoing bonuses and slashing salaries in an attempt of solidarity with workers.
IBM And Intel Are Still Searching For Glory Days
Long-running tech firms IBM and Intel are struggling under the current climate of "creative destruction" of the industry.
Apple To Launch New MacBook With M2 Ultra Chip In 2023: What Else Is New?
Apple is rumored to be launching a Mac mini update with the new M2 Ultra chips as well as new 14- and 16- inch Macbook Pro laptops in Spring 2023 following production delays.
Intel Unveils New Generation Chip, Aiming To Regain Its Market Share
Intel unveiled its 13th-generation semiconductor chips on Tuesday. The new tech hits the market starting Oct. 12.
Intel Launches Energy-Efficient Chip For Bitcoin Mining
The shipments of Intel Blockscale ASIC to customers will begin in the third quarter of 2022
Will Companies Run Out Of Semiconductors? Commerce Dept Warns It Is Possible
The Commerce Department warned that the shortage of semiconductor chips has pushed manufacturers closer to a breaking point.
White House Lauds Intel For $20 Billion Investment In Ohio Semiconductor Factories
Intel has announced plans to bring a semiconductor chip factory to Ohio, winning praise from President Joe Biden’s administration as welcome assistance in bringing production home.
Intel Introduces ARC; First Gaming Video Cards To Debut In 2022
A year after Intel announced its Intel Xe HPG architecture, the company announced the name for its GPU branding.
Intel Throws Shades At Apple Following The Launch Of 11th Gen H-Series Processor
Intel seems to be leveraging on gaming to convince its customers that devices powered by Intel chips are way better than the Apple Silicon-powered Macs.
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