Shocking Intel shake-up: CEO Pat Gelsinger retires, dual leaders step in
Intel Corporation has announced the retirement of Chief Executive Officer Pat Gelsinger, marking the end of a distinguished 40-year tenure with the company. Effective December ... Read More
Intel receives $7.86bn CHIPS Act funding to boost US chipmaking dominance
Intel Corporation has secured up to $7.86 billion in funding under the U.S. CHIPS and Science Act, marking a significant leap forward in domestic semiconductor ... Read More
Mobileye stock rises sharply after Intel rules out majority stake sale
Mobileye Global Inc. stock soared 8% after Intel Corporation reaffirmed its commitment to the company, stating that it has no immediate plans to sell its ... Read More
Intel’s bold move to split its business sends shockwaves through the chip industry
Intel Corporation's stock has seen a sharp rise as the company explores drastic strategic options, offering a ray of hope to its beleaguered investors after ... Read More
Intel’s shocking layoff announcement: 15,000 jobs cut in $10bn cost-cutting overhaul
Intel Corporation announces significant layoffs and restructuring plans aimed at achieving $10 billion in savings by 2025. The American semiconductor giant, Intel Corporation, has revealed ... Read More
Dr. Naga Chandrasekaran joins Intel to lead foundry operations amid AI-driven growth
Intel Corporation has announced the appointment of Dr. Naga Chandrasekaran as the new Chief Global Operations Officer, Executive Vice President, and General Manager of its ... Read More
Intel unveils groundbreaking optical compute interconnect technology at OFC 2024
Intel Corporation has made a significant breakthrough in integrated photonics technology, demonstrating the first-ever optical compute interconnect (OCI) chiplet co-packaged with an Intel CPU at ... Read More
Intel partners with Apollo in $11bn JV for semiconductor production
Intel Corporation (Nasdaq: INTC) and Apollo (NYSE: APO) have recently announced a definitive agreement in which Apollo-managed funds and affiliates will invest $11 billion to ... Read More
Bloom Energy expands partnership with Intel for fuel cell-powered data center in Silicon Valley
Bloom Energy (NYSE: BE), renowned for its solid oxide fuel cell technology, has deepened its collaboration with Intel Corporation, culminating in a significant expansion of ... Read More
Lockheed Martin partners with Intel and Altera for advanced defense technology
Lockheed Martin (NYSE: LMT) has embarked on a major project in collaboration with Intel Corporation (Nasdaq: INTC) and Altera, an Intel Company, to support the ... Read More