Mobileye stock rises sharply after Intel rules out majority stake sale

Pallavi Madhiraju- September 19, 2024 0

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

Pallavi Madhiraju- August 31, 2024 0

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

Pallavi Madhiraju- August 3, 2024 0

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

Pallavi Madhiraju- July 25, 2024 0

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

Pallavi Madhiraju- June 28, 2024 0

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

Pallavi Madhiraju- June 19, 2024 0

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

Pallavi Madhiraju- May 13, 2024 0

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

Pallavi Madhiraju- April 8, 2024 0

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

Samsung, Intel achieve virtualized Open RAN milestone with first end-to-end call

Pallavi Madhiraju- February 27, 2024 0

In an industry-first, Samsung Electronics and Intel Corporation have successfully completed the first end-to-end call in a lab environment, leveraging a future Intel Xeon processor, ... Read More

Regulatory hurdles compel Intel, Tower Semiconductor to scrap $5.4bn deal

Pallavi Madhiraju- August 16, 2023 0

Intel Corporation has confirmed its decision to abort the planned $5.4 billion acquisition of Tower Semiconductor (Nasdaq: TSEM), pointing to unexpected delays in obtaining necessary ... Read More