Intel is reported to be slashing its workforce drastically in the hopes of rebounding from an income slump.
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.
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.
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.
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.
The Biden administration commits $8.5 billion to bolster domestic semiconductor manufacturing, aiming to reduce reliance on Chinese suppliers.
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 tech company could level the playing field with the launch of its new product for cryptocurrency mining.
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 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 multiple business sectors, these CEOs are foregoing bonuses and slashing salaries in an attempt of solidarity with workers.
Long-running tech firms IBM and Intel are struggling under the current climate of "creative destruction" of the industry.
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 unveiled its 13th-generation semiconductor chips on Tuesday. The new tech hits the market starting Oct. 12.
The shipments of Intel Blockscale ASIC to customers will begin in the third quarter of 2022
The Commerce Department warned that the shortage of semiconductor chips has pushed manufacturers closer to a breaking point.
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.
A year after Intel announced its Intel Xe HPG architecture, the company announced the name for its GPU branding.
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.
The Intel i9 11900K flagship CPU could hit up to 7 GHz speeds.
The company will invest $20 billion in new factories in Arizona and Ireland after new leadership expressed concern over Asian manufacturing.
Intel announced the Tiger Lake-H CPUs earlier this year, but it only limited the launch to quad-core processors.