Intel (INTC) has had a rough few years, but its board isn’t backing down from its turnaround efforts. With former CEO Pat Gelsinger stepping ...
The move: Intel jumped 5.5% to $20.8 per share on Wednesday. The stock is still down 1.35% this year. The chart: Why: On Wednesday, Reuters reported that TSMC and a handful of other AI chipmakers ...
Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals. The company ...
Intel on Wednesday announced a new CEO will be taking the helm of the chipmaker. When incoming CEO Lip-Bu Tan assumes the position at Intel next week, he will have the job of revitalizing the ...
Struggling chipmaker Intel has hired former board member and semiconductor industry veteran Lip-Bu Tan as the latest in a succession of CEOs to attempt to turn around a once-dominant company that ...
Concerns are growing among local leaders and stakeholders about the future of Intel's Ohio project. Financial struggles, including declining revenue and a 57% drop in stock price, have plagued ...
TSMC would take a stake of no more than 50% in joint venture operating Intel foundries-sources Talks ... assist in turning around the troubled U.S. industrial icon, the sources said on condition ...
Intel largely gave up on the AI accelerator market, choosing instead to focus on broader AI solutions. However, the company can still participate in the AI infrastructure market through its Xeon ...
was a member of Intel's board until he resigned last August. In returning as CEO, Tan is set to take over the American icon after a decade of bad decisions by three CEOs in which it failed to ...
Under the proposal, the Taiwanese chipmaking giant would run the operations of Intel's foundry division ... around the troubled U.S. industrial icon, the sources said on condition of anonymity ...
Intel (NASDAQ: INTC) might be split up and sold to Taiwan Semiconductor Manufacturing (NYSE: TSM), also known as TSMC, and Broadcom (NASDAQ: AVGO), according to the latest rumors. The chipmakers ...