Intel has sold Altera and is lowering forecasts. The company’s shares are rising
After finalizing the sale of its majority stake in Altera, Intel is beginning a new chapter marked by…
AI accelerator market: NVIDIA, AMD, Intel – the battle for supremacy
The market for AI accelerators in data centers is growing rapidly, but the battle for dominance is far…
Intel changes management on way to restructuring
Intel announces a series of key management changes, signaling an intensification of restructuring efforts under CEO Lip-Bu Tan.…
US and Intel modify CHIPS Act agreement: funds will flow faster
The US government has renegotiated the terms of its support for Intel under the CHIPS Act, swapping traditional…
US says it has already backed Intel
Intel has received $5.7 billion from the U.S. government as part of a deal that gives the federal…
Intel exchanges subsidies for shares. Government intervention comes at a price
The U.S. government is taking a nearly 10% stake in Intel, converting previously awarded subsidies into a stake.…
Intel cuts to the bone. Giant lays off one in three employees and revises strategy
Intel has embarked on the biggest restructuring in its recent history. The company that has defined the semiconductor…
Intel abandons factories in Poland and Germany. The end of fragmented investments
Intel is officially pulling out of building semiconductor factories in Poland and Germany. The decision comes as part…
Intel loses chief strategy officer. Another change under Lip-Bu Tan
Intel is losing another senior executive. Safroadu Yeboah-Amankwah, who has served as chief strategy officer since 2020, will…