Intel
Intel solidifies US$3.5 billion deal to make chips for military
Intel has officially qualified for as much as US$3.5 billion in federal grants to make semiconductors for the Pentagon, according to people familiar with the matter, after the chipmaker...
Intel manufacturing business suffers setback as Broadcom tests disappoint
Intel’s contract manufacturing business has suffered a setback after tests with chipmaker Broadcom failed, three sources familiar with the matter told Reuters, dealing a blow to the company’s turnaround...
Intel CEO to pitch board on plans to shed assets, cut costs: source
INTEL CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp...
Intel rises as report of chipmaker exploring options stokes investor enthusiasm
INTEL’S shares rose more than 3 per cent before the bell on Friday (Aug 30), as a report of the struggling chipmaker exploring options that could include a merger...
SoftBank scraps AI chips tie-up plan with Intel: FT
JAPANESE technology investor SoftBank dropped plans of producing an artificial intelligence (AI) chip with Intel to compete with Nvidia, the Financial Times (FT) reported on Thursday (Aug 15).The partnership...
Intel, pinched by losses, sells stake in chip designer Arm
INTEL, which is slashing jobs and expenses in a bid to turn around the business, sold its holdings in chip technology creator Arm Holdings during the second quarter. The...
Intel has lost Wall Street’s patience as headwinds keep mounting
AFTER another catastrophic earnings report, Intel bulls are increasingly few and far between on Wall Street.
Intel shares have shed nearly a third of their value since the firm gave...
Intel shares set for record 28% slump as turnaround struggle deepens
INTEL shares sank nearly 28 per cent on Friday and were set for their worst day ever after the company suspended dividend and slashed workforce to fund a costly...
