The most significant transformation of Intel in over four decades” includes $10 billion in cost cutting and foundry business ...
The Silicon Valley chip giant has been in freefall this year, pushing CEO Pat Gelsinger to unveil a turnaround plan for the ...
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...
Intel is spinning off its chipmaking business as part of its plans to reverse billions in losses and a tumbling stock price.
The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with ...
Intel's long-term outlook, revealed by JPM analyst, shows no major changes until 2027. Intel's foundry business will remain ...
Intel will spin off its chipmaking business and establish Intel Foundry which will stand as an independent subsidiary, as ...
Intel’s partnership with AWS is part of the chipmaker’s attempt to play catch-up. The new deal, along with a $3 billion grant ...
Intel Corp (NASDAQ:INTC) stock maintained upward momentum on Tuesday, a day after CEO Pat Gelsinger clarified its ...
The announcement comes after Intel secured up to $3 billion in direct funding under the US CHIPS and Science Act.
Intel needs a whole lot of big wins for both its chip design and selling business and its increasingly arm’s length foundry ...
ESG is part of why Intel’s costly Arizona fab expansions are there to begin with. The Commerce Department strongly suggested ...