Intel Corp. Chief Executive Officer Pat Gelsinger was forced out after the board lost confidence in his plans to turn around the iconic chipmaker, adding to the turmoil at one of the technologyRead More
Arm Holdings Plc approached Intel Corp. about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of theRead More
Apollo Global Management Inc. has offered to make a multibillion-dollar investment in Intel Corp., people familiar with the matter said, providing the chipmaker with a vote of confidence in its turnaround strategy andRead More
Mobileye Global Inc. shares surged the most in nearly two years after Intel Corp. said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology, easing investors’Read More
Intel (INTC) stock was set for one of its best two-day stretches in recent years, as investors reacted to a series of measures the chip maker plans to take to weather its crisis.Read More
Intel Corp. is in advanced talks with Apollo Global Management over a deal that would have the investment firm providing more than $11 billion in funding for a chip manufacturing plant in Ireland,Read More
Booming demand for AI services has sent tech companies scrambling for these so-called accelerator chips, but Nvidia has seen most of the benefit. Earlier versions of Intel Gaudi failed to achieve the marketRead More
The U.S. government is granting Intel up to $8.5 billion to help fund new chip plants in four states, the largest award yet in an effort to revive American chip-making overseen by theRead More
Samsung Electronics Co. sold its entire remaining stake in ASML Holding NV in the December quarter as part of its push to expand into new areas of chipmaking. Tweet on Intel Chips @intelRead More
Intel Corp. is seeking to raise at least $2 billion in equity to help fund a semiconductor fabrication facility in Ireland, according to people with knowledge of the matter. Tweet on Intel sharesRead More
