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PM Modi’s high stakes push for sovereign AI faces reality checkIndia is striving to build its own artificial intelligence capabilities, aiming for self-reliance and global export. However, the nation fa...
SoftBank profit more than triples to $12 billion on OpenAI stake gainsTechnology investor SoftBank Group reported a net profit of 1.9 trillion yen ($12.05 billion) for the January-March quarter, a significant ...
US stock market crashes today: What’s happening with Dow Jones, S&P 500 and Nasdaq as $200 billion vanishes in minutes from US stocks - Dow plunges 565 points, all sectors sink while oil surges with WTI up 3.4% and Brent jumping 5%US stock market crashes today. Investors are asking what’s happening with the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite. ...
Intel board chair Frank Yeary to depart after 17 yearsIntel chair Frank Yeary will retire, with Craig Barratt set to succeed him. Yeary served on the board since 2009 and was chair since 2023....
Intel pursued deals that boosted CEO Lip-Bu Tan's fortune, sources sayWhen the chairman of AI chip startup Rivos wanted Intel to bid for the company, he had no need to phone the chip giant. That's because the ...
Ex Intel directors advocate massive shake up as Trump guns for CEO TanFormer Intel board members are advocating for a significant restructuring, urging shareholders to push for the spin-off of Intel Foundry in...
Intel appoints engineering hires as part of CEO Tan's turnaround strategyIntel, under CEO Lip-Bu Tan, is undergoing a significant leadership overhaul to revitalise the company. The chipmaker has appointed Sriniva...
Intel shareholders approve equity incentive plan, new CEO payIntel investors backed a plan to boost share reserves for employee incentives and CEO Lip-Bu Tan’s pay. They re-elected board members, excl...
Intel's new CEO plots overhaul of manufacturing and AI operationsThe new plan involves changing the company's approach to AI and reducing staff to address what incoming CEO Lip-Bu Tan sees as a slow and o...
Intel jumps nearly 15% as investors cheer appointment of new CEO TanTan will be tasked with reviving the company's fortunes after it missed out on the artificial intelligence-driven semiconductor boom while ...
Intel shares jump 15% as investors cheer appointment of new CEO Lip-Bu TanShares of Intel surged on Thursday, as Wall Street cheered its decision to name former board member Lip-Bu Tan as CEO, who left in August o...
Intel shares surged 10%, as investors cheer appointment of new CEO TanTan will be tasked with reviving the company's fortunes after it missed out on the artificial intelligence-driven semiconductor boom while ...
TSMC pitched Intel foundry JV to Nvidia, AMD and BroadcomUnder the proposal, the Taiwanese chipmaking giant would run the operations of Intel's foundry division, which makes chips adapted for the ...
Intel names two chip industry veterans to its board amid CEO searchIntel has struggled to keep up with advanced chipmaking, falling well behind rivals such as Nvidia in designing chips that power AI and TSM...
Intel approaches candidates for CEO role, including former board member Lip-Bu Tan, sources sayThe deliberations on the CEO succession are at an early stage, the sources said, cautioning that Intel has not yet zeroed in on any candida...
Intel CEO Pat Gelsinger retires from struggling chipmakerPost retirement of CEO Pat Gelsinger, CFO David Zinsner and senior executive Michelle Johnston Holthaus hold office as interim co-chief exe...
Intel CEO Pat Gelsinger forced out after board lost confidence in turnaround planIntel CEO Pat Gelsinger resigns under pressure as his turnaround plan fails to meet expectations. With a 60% stock value drop and increasin...
How Intel lost the Sony PlayStation businessIntel missed out on a significant contract to design and fabricate the chip for Sony's PlayStation 6, which was awarded to rival AMD. The d...
Intel board member quit after differences over chipmaker's revival planLip-Bu Tan, a semiconductor industry veteran, had said he was leaving the board because of a personal decision to "reprioritize various com...
Intel ropes in VMware's Pat Gelsinger as CEO, to replace Bob SwanIntel was the world leader in chip-making technology for decades but has lost its manufacturing edge in recent years to Taiwanese and Korea...