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 ...
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 ...
I’ve tested two new laptops powered by Panther Lake—pitting it head-to-head against laptops with Apple Silicon—and Intel has finally scored a much-needed win with the Core Ultra Series 3. Note: This ...
Analysts have a muted view on Intel stock in 2026. Their consensus estimate is that shares will be around $38.31 in 12 months. That was below the company’s stock price in early 2026 (around $44 per ...
On Monday, tech-giant Intel announced that its CEO Pat Gelsinger had resigned following a tumultuous tenure at the company. Since he took over the company in February 2021, the company’s stock has ...
Intel has announced that CEO Pat Gelsinger has retired, effective December 1, and stepped down from the company’s board of directors. Intel execs David Zinsner and Michelle Johnston Holthaus have been ...
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday. By Don Clark Tripp Mickle and Steve Lohr Don Clark and Tripp Mickle reported from ...
Intel was for decades Silicon Valley’s dominant chip company. But missed opportunities and poor execution left it on the sidelines in tech’s latest gold rush. Credit...Kevin Van Aelst for The New York ...
Despite all the inroads AMD has made in recent years with its Zen desktop CPUs, Intel has broadly managed to maintain one critical edge against its longtime rival: gaming performance. For those ...
Qualcomm approached Intel about a takeover in recent days, according to a person familiar with the matter. As of the market close on Friday, Intel had a market cap of over $90 billion. The shares ...
Intel said it's creating a separate entity for its foundry business, a structure that could allow it to raise outside funding. The chipmaker has spent roughly $25 billion on the foundry business in ...
Broadcom has been testing silicon wafers at Intel's manufacturing business for months, sources say Silicon wafers from Intel failed Broadcom's tests, sources say, dealing setback Intel's contract ...
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