Intel is spinning off its chipmaking business as part of its plans to reverse billions in losses and a tumbling stock price.
Intel was once a giant of Silicon Valley. It's now in the midst of a crisis. The chip giant has seen its value drop sharply this year due to several challenges. Its CEO, Pat Gelsinger, has ...
The Biden Administration on Monday awarded Intel Corp up to $3 billion from the CHIPS and Science Act to develop a "Secure Enclave" for microelectronics, which are a critical component to a wide range ...
It could also sell its programmable chipmaker Altera. Intel's fall from grace was caused by manufacturing problems, product delays, market share losses, and jarring strategic shifts under three CEOs.
Shares of Intel are surging before the market opens Tuesday after the chipmaker said its foundry business would make some custom artificial intelligence chips for Amazon Web Services as it ...
NEW YORK, Aug 26 (Reuters Breakingviews) - Intel’s (INTC.O), opens new tab in a money-spending fight, and it’s falling short. The company has plowed billions into matching Taiwan Semiconductor ...
SINCE ITS founding in 1968 Intel has been synonymous with shrinkage. In its first four decades this was high praise. Every two years or so the American chip pioneer came out with new transistors ...
It’s been a burning question for months — are Intel’s laptop chips susceptible to the same permanent damage that can potentially lay 24 different flagship desktop chips low? Today ...
TechSpot means tech analysis and advice you can trust. In a nutshell: Intel is actively seeking advice from investment bankers after a recent troubling earnings report. The company is having ...
In context: The U.S. is eager to establish domestic foundry capabilities to produce AI chips, and Intel is working hard to position itself to be the provider. It was only natural, then ...
Intel (NASDAQ: INTC) stock is retreating again in Thursday's trading. The semiconductor company's share price was down 3.9% as of 12:15 p.m. ET, according to data from S&P Global Market Intelligence.
For months, it was unclear which chip components for the next generation of Arrow Lake processors Intel wanted to produce with its brand new 20A manufacturing process. Now it is clear: none at all.