After Pat Geslinger ousting, Intel's interim CEOs admit firm may be forced to sell Foundry business if new chip-making tech does not succeed
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Intel Adds Two Chip Veterans To Board, Amid Search For New CEO
Two chip veterans named for Intel's board of directors, amid reports of expertise gap after August departure of Lip-Bu Tan
Intel Approaches Ex Board Member Lip-Bu Tan, Others As CEO Replacement
After “retiring” former CEO Pat Gelsinger last weekend, Intel approaches respected chip industry veteran and former board member Lip-Bu Tan
Intel CEO Pat Gelsinger Forced Out By Board
CEO Pat Gelsinger has been “retired” effective 1 December, after the board of directors reportedly loses confidence in his turnaround plan
German Government Plots €2 Billion For Chip Subsidies – Report
Is it enough? After Intel disappointment, Germany to offer approximately 2 billion euros in subsidies for chip investments
Intel Says $7.86bn Grant From US Will Restrict Foundry Spin-off
Chip giant's plan for Intel Foundry to be spun off as independent subsidiary will be restricted after US government grant
US Finalises $7.86bn Award To Intel Amidst Business Troubles
Biden administration to reduce Intel's $8.5bn preliminary award under Chips Act as company lays off 15,000 staff, delays investments
AMD Axes 4 Percent Of Staff, Amid AI Chip Focus
Merry Christmas staff. AMD hands marching orders to 1,000 employees in the led up to the Christmas holiday period
Nvidia To Replace Intel On Dow Jones Industrial Average
Nvidia to replace Intel this week on Dow Jones Industrial Average after years of turmoil and missing out on the AI boom
Intel Invests $300m To Expand China Chip Processing Plant
Intel to expand operations at major chip packaging and testing plant in Chengdu, in show of support for China amidst tensions
TSMC Arizona Chip Plant Yields 4 Percent Higher Than Taiwan
TSMC says production yields at delayed plant in Arizona are 4 percent higher than comparable factories in Taiwan, in boost for US efforts
Intel To Invest More Than $28 Billion In Ohio Chip Factories – Report
Troubled chip giant Intel will invest more than $28 billion to construct two new chip factories in Ohio, to take fight to TSMC
Top Court Sides With Intel Over EU Antitrust Fine
Fresh win for Intel after Europe top court upholds annulment of billion-euro antitrust fine imposed by European Commission in 2009
Intel Denies Chinese Claims Of Security Issues
Intel China responds after influential Chinese cybersecurity association called for a security review of its products sold there
Biden Exempts Some Chip Factories From Extra Environmental Scrutiny
Certain semiconductor factories in US receiving government subsidies are to be exempt from federal environmental reviews
Intel Rejects ARM Approach To Purchase Product Unit – Report
Not for sale. Intel rebuffs another acquisition approach, after ARM reportedly inquires about Intel's product division
Qualcomm ‘Offers To Buy Intel’
Mobile chip giant Qualcomm approached Intel with an acquisition offer in recent days, Wall Street Journal reports
Intel, AWS To Collaborate On AI Chip In Major Win
AWS to work with Intel on designing, manufacturing AI data centre chip in significant win for Intel manufacturing business
Intel ‘Lost PlayStation 6 Chip Bid To AMD’
Intel reportedly lost bid to design, manufacture PlayStation 6 processor to AMD in blow to troubled foundry business
Intel ‘May Be Removed’ From Dow Index
Intel likely to be removed from Dow Jones Industrial Average amidst ongoing turnaround challenges, report finds, as stock takes another hit
Intel Considers Selling Altera, Splitting Fab Business
Turnaround plan from Intel chief Pat Gelsinger and key executives may include selling off product units or splitting company
Intel To Present Board With Strategic Options – Report
Troubled chip giant Intel is reportedly working with bankers and other advisors to present strategic options to board of directors
Intel Questioned By US Senator Over Job Cuts After $20bn Grant, Loans
Intel CEO questioned by republican senator on 15,000 job cuts, after chip giant being awarded $20bn US grant
Chip Veteran Resigns From Intel’s Board, Amid Turnaround Plan Clash
Semiconductor and venture capital veteran Lip-Bu Tan resigns from Intel's board of directors, amid reports of turnaround plan clash
Intel Sells Stake In British Chip Designer ARM
Amid its turnaround struggles and job cuts, Intel sells its 1.18 million share stake in UK chip designer ARM Holdings
Intel Sued By Shareholders After Dividend Suspension, Stock Price Crash
Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge
Intel, Nvidia Stocks Slide Amidst Chip Turmoil
Intel stock price plummets most in 50 years after it announces job cuts, as Nvidia declines on report of AI antitrust probe
Intel To Cut 15 Percent Of Workforce, Suspends Dividend
Shares in Intel plummet over 20 percent after chip giant confirms thousands of job losses and suspends dividend payments
Intel To Cut Thousands Of Jobs – Report
Another round of layoffs reportedly on the cards for staff at Intel, in an effort to rebound from earnings slump
Intel Halting Construction Of Israel Plant, Says Report
Intel reportedly halting construction of $25bn semiconductor plant in southern Israel as executives transfer to Ohio