pat gelsinger

Intel does another U-turn, looking to sell a part of its chip subsidiary that it called ‘core part of its future’

FILE PHOTO: FILE PHOTO: llustration taken January 8, 2024. REUTERS/Dado Ruvic/File Photo/File Photo Intel is exploring stake sale in Altera,…

3 weeks ago

Intel stock jumps after report of possible Apollo investment

2024-09-24 07:05:03 Intel stock (INTC) popped in early trading Monday following a Bloomberg report of a potential multibillion-dollar investment from…

2 months ago

Intel CEO announces major restructuring, tells employees: “We need to fight for …”

Intel is restructuring its foundry business as an independent subsidiary, marking a major shift in strategy as the 56-year old…

2 months ago

Intel stock closes on a high after Chips Act award, AWS collab

2024-09-17 19:00:04 In This StoryIntel’s (INTC) stock hasn’t had the best year, but its shares closed on a high on…

2 months ago

Intel turns foundry business into subsidiary, weighs outside funding

2024-09-17 10:40:04 Intel CEO Pat Gelsinger holds a sample of a wafer during his keynote speech at the Computex conference…

2 months ago

Intel may split its foundry business and cancel future factories as it faces ‘most difficult’ period in history

After layoffs, Intel is exploring further measures, including potentially splitting its chip design and manufacturing businesses, as the semiconductor giant…

2 months ago

US senator ‘demands answers’ from Intel CEO on 15,000 job cuts: “What is Intel trying to achieve with…”

A US senator has reportedly demanded answers from Intel's CEO Pat Gelsinger about the company's plan to lay off over…

2 months ago

Tech layoffs cross 100,000 in July 2024: Intel, Microsoft, Dyson, UKG and these companies cut thousands jobs

The wave of tech industry layoffs persisted through July 2024, with over 8,000 professionals across 34 technology companies lost their…

3 months ago