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2 mins read
'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…
4 mins read
Intel, once a Silicon Valley star, has been floundering. Now it's mounting a turnaround.
The Silicon Valley chip giant has been in freefall this year, pushing CEO Pat Gelsinger to unveil …
Hasan Chowdhury
1 min read
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
2 mins read
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…
2 mins read
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…
2 mins read
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
2 mins read
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…
1 min read
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
4 mins read
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
2 mins read
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…
2 mins read
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
2 mins read
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
2 mins read
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
2 mins read
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
1 min read
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
2 mins read
Intel plans major layoffs this month as PC sales nosedive: Report
Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its …
2 mins read
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…
2 mins read
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
7 mins read
INTERVIEW: Intel wants to make PCs the best platform to game — Here's the plan
Microsoft and Intel are two names synonymous with personal computers (PCs) for all the 90s kids and…
2 mins read
India is reportedly in talks with TSMC, Intel and other semiconductor giants to set up local production plants in the country
In a bid to push the semiconductor industry, which is in nascent stages, the Indian government is w…