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'Painful news to share' says Intel CEO Pat Gelsinger as company prepares to lay off thousands of employees
Chipmaker Intel has revealed plans to reduce its workforce by 15 percent and the decision could imp…
Intel plunges 30%, most since 1982, after announcing layoffs and weak guidance
Intel's stock plunged Friday after the company announced plans to lay off 15,000 workers.
Kelly Cloonan
Intel shareholders accuse company of hiding problems about its in-house chips manufacturing business ahead of announced layoffs and poor earnings
Intel shareholders accused the company of hiding problems about its in-house foundry business in a …
Lloyd Lee
Intel set to lay off employees as it cuts billions of dollars in spending
Chip-maker Intel will begin to lay off workers soon as the company plans to drive nearly $3 billion…
Computex 2024: Intel Debuts Lunar Lake Chips With Focus On Microsoft’s AI Ambitions For PCs
Intel debuted Lunar Lake chips at the Computex show in Taiwan, revealing some major upgrades over l…
Big Tech CEOs, billionaires, and business leaders react to Trump rally shooting
Business leaders from Tesla CEO Elon Musk to billionaire Mark Cuban are condemning the Saturday sho…
Lloyd Lee
Intel CEO discusses how he plans to bolster the chip industry by creating 'the largest silicon manufacturing location on the planet' in Ohio
Pat Gelsinger spoke with Time about his plans to move the semiconductor supply chain to the US with…
Emily Walsh
CEO bonus for the top 10 tech giants soared 400% amid pandemic
Tan Hock Eng from Broadcom was the highest gainer by a whopping 1,586 per cent, from $3.6 million t…
Intel is replacing CEO Bob Swan with VMware CEO Pat Gelsinger
Intel's CEO replacement will go into effect on February 15 and comes after the chip giant saw a rou…
Katie Canales
VMware stock drops over 7% after news that CEO Pat Gelsinger will head to Intel
VMware saw its shares slip over 7% on Wednesday amid news CEO Pat Gelsinger is headed to Intel. CFO…
Will Daniel
Intel stock surges 7% on news CEO Bob Swan to be replaced by VMware's Pat Gelsinger
Intel stock jumped 7% on news Pat Gelsinger would join as CEO. This comes after an activist hedge f…
Will Daniel
Intel chief warns chip shortage could continue for up to two years
The strong demand environment continues to stress the supply chain across the world. "While I…
Intel stock could sink 15% as multi-billion dollar production plan is 'the right thing' but will weigh on earnings for the next 3 years, says Wedbush
Wedbush said Intel CEO Pat Gelsinger's plan to reinvest in production is "ideal" but will likely we…
Emily Graffeo
Back to the '90s with Microsoft and Intel
In this week's edition of the Insider Tech newsletter, we look at new developments at Microsoft and…
Alexei Oreskovic
Taiwan Semiconductor slips as Intel announces plans to spend $20 billion on new chip factories
Intel announced plans to enter the foundry business with two new chip plants worth $20 billion in t…
Will Daniel
Intel, Salesforce and Cisco are giving cash payments to workers in Israel amid the war with Hamas, report says
Intel plans to give $5,000 to its 12,000 workers in Israel this month as a "sign of appreciation" a…
Jyoti Mann
Intel's CEO will take a 25% pay cut, as the company attempts to compete with global chip manufacturers and prevent further layoffs
Intel CEO will Pat Gelsinger will take a salary reduction alongside other higher-ups, as the tech g…
Aidan Pollard
Intel CEO says global chip shortage will not end before 2023
Intel CEO Pat Gelsinger told CNBC late on Thursday that he didn't expect the semiconductor short…
Meet the 10 top executives who are helping VMware CEO Pat Gelsinger transform the tech giant into a cloud powerhouse
In a recent interview with Business Insider, Gelsinger said VMware wants to become the flexible pla…
Benjamin Pimentel
CEOs like Google's Sundar Pichai and Microsoft's Satya Nadella are among the most overpaid CEOs, according to a new report
Nine companies have been repeat offenders on As You Sow's report detailing the 100 most overpaid CE…