Intel trims full-year expense outlook following Altera stake saleShares of the struggling chipmaker rose nearly 4% as the trimmed projected expenses provided investors with some respite after burgeoning c...
Intel stock surges 5% after big cost-cutting move and Altera stake saleINTC stock today: Intel's shares saw a rise after the company revised its cost forecast. This follows the sale of a majority stake in Alter...
Intel to separate networking unit as new CEO Tan overhauls businessTan's plan to rejuvenate the once-iconic chipmaker focuses on shedding non-core assets and reducing expenses by scaling back major investme...
Intel explores sale of networking and edge unit: SourcesIntel is considering selling its Network and Edge (NEX) businesses as new CEO Lip-Bu Tan refocuses the company on core strengths in PC and ...
Intel has limited customer commitments for latest chip manufacturing tech, CFO saysCommitted volumes, or the amount of external customers' chips set to be produced by Intel using upcoming manufacturing tech, is presently n...
Intel has limited customer commitments for latest chip manufacturing tech, CFO saysIntel’s committed chip production volume for external customers using its new manufacturing tech remains low, CFO David Zinsner said. While...
Can AI run a society better than humans? Autonomous agents build a democratic Minecraft nation, sparking internet frenzyArtificial Intelligence startup Altera's Minecraft server showcases AI agents creating a functional society. These agents cooperate, establ...
Intel to sell majority stake in Altera for $4.46 billion to fund revival effortIntel will sell a 51% stake in its Altera programmable chip business to Silver Lake for $4.46 billion. This move, under new CEO Lip-Bu Tan,...
Intel to sell 51% stake in Altera to Silver LakeIntel announced on Monday that it will sell a 51% stake in its programmable chip division, Altera, to private equity firm Silver Lake, assi...
Intel foundry business to make custom chip for Amazon, chipmaker's shares jumpIntel's foundry business has secured Amazon's AWS as a customer for custom AI chips, boosting Intel's shares by 8%. The deal involves Intel...
Qualcomm has explored acquiring pieces of Intel chip design businessThe $184 billion Qualcomm, which is known for chips found in smartphones and counts Apple as a customer, has been working on plans to buy p...
Intel CEO Pat Gelsinger to pitch board on plans to shed assets, cut costsIntel's CEO Pat Gelsinger is set to present a plan to the board to cut costs and revamp capital spending. This includes selling businesses ...
Intel sees AI opportunity for standalone programmable chip unitIntel's programmable chip unit began operating as a standalone business at the beginning of the year, and on Thursday outlined its plans fo...
Innolia Energy announces Rs 225 crore investment in solar module, EV products manufacturingAccording to the statement, the manufacturing unit is India's first fully integrated solar and lithium battery pack manufacturing company.
Intel, NVIDIA battle it out in data centre marketIntel is set to release four new processors this year to compete against NVIDIA’s whose GPUs are being used by Google, Amazon, Microsoft, F...
- Programmeable logic devices propel technology research
PLDs or programmeable logic devices are building blocks on which researchers designing 3D TVs, mobile phones and satellites mount innovativ...
- Yahoo names new CFO, fills void left by shake-up
Yahoo Inc has found a replacement for its chief financial officer, who left the struggling Internet company earlier this year in a big mana...