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Intel shares are off their highs, but are still up 14% after-hours. Here’s the key quote from CEO Lip-Bu Tan on the company’s earnings release: “The next wave of AI will bring intelligence closer to ...
Intel Corp. Chief Executive Pat Gelsinger put it bluntly as he announced a $10 billion cost-cutting program that will decrease capital expenditures and bring a 15% headcount reduction. “Simply put, we ...
Intel will join SpaceX and Tesla in an effort to build a new U.S. semiconductor factory in Texas, although the scope of its contributions are unclear. “Our ability to design, fabricate, and package ...
Intel's shares jumped more than 2% after the announcement. The company also posted ‌a photo of CEO Lip-Bu Tan and Musk shaking hands, saying it hosted the world's richest man at its campus the past ...
Sixteen miles north of Albuquerque, in Rio Rancho, New Mexico, an Intel chip plant sits on more than 200 acres of land. The site was established in the 1980s, part of it built on top of a sod farm. In ...
Intel's CFO participated in an industry conference this morning. At the conference, he gave several positive updates, especially on the ramp of Intel's critical 18A node. He confirmed that Intel now ...
There were a number of new products that we expected to hear about at CES, including the much-rumored Ryzen 9 9950X3D2, NVIDIA's N1X SoCs, and the next Intel Arc GPU release. None of those came, but ...
Intel laid off another 669 Oregon workers Thursday on top of 2,400 Washington County jobs the chipmaker cut in July, according to a filing with state workforce officials. Long the semiconductor ...
Intel reported better-than-expected third-quarter sales, signaling that demand for its core x86 processors for PCs has recovered. Intel shares are up over 87% so far this year. The report is Intel's ...
Intel’s Q3 earnings report will be released on October 23. The earnings report will significantly impact the stock, as it will reveal the extent to which the company has managed to stabilize its ...
Intel has unveiled its most ambitious artificial intelligence (AI) roadmap to date, featuring the next-generation Panther Lake AI PC processor, Clearwater Forest server processor, and a comprehensive ...