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Intel news on TechWeekEurope UK

Intel Interim CEOs Hint At Selling Foundry Business

After Pat Geslinger ousting, Intel's interim CEOs admit firm may be forced to sell Foundry business if new chip-making tech…

1 week ago

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

2 weeks ago

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

2 weeks ago

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…

3 weeks ago

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

3 weeks ago

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

3 weeks ago

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

4 weeks ago

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

1 month ago

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…

2 months ago

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…

2 months ago

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…

2 months ago

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…

2 months ago

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

2 months ago

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

2 months ago

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

3 months ago

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

3 months ago

Qualcomm ‘Offers To Buy Intel’

Mobile chip giant Qualcomm approached Intel with an acquisition offer in recent days, Wall Street Journal reports

3 months ago

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

3 months ago

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

3 months ago

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…

4 months ago

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

4 months ago

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

4 months ago

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

4 months ago

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

4 months ago

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

4 months ago

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

5 months ago

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…

5 months ago

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

5 months ago

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

5 months ago

Intel Halting Construction Of Israel Plant, Says Report

Intel reportedly halting construction of $25bn semiconductor plant in southern Israel as executives transfer to Ohio

6 months ago