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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,...
Microchip Technology expects weak quarterly results on excess inventory impactSlowing electric vehicle sales at a time when customers are clearing excess inventory have weighed heavily on demand for chips in the autom...
Intel forecasts quarterly revenue below estimates, stock fallsIn an interview, CEO Pat Gelsinger said that the company's core businesses of PCs and servers were hitting seasonal low demand at the same ...
Intel forecasts quarterly revenue below estimates, stock fallsIntel on Thursday forecast revenue for the first quarter that could miss market estimates by more than $2 billion, as it grapples with unce...
S&P, Nasdaq extend year-start skid to three; Dow higher on financialsThe S&P 500 and Nasdaq Composite closed lower on Thursday, extending their losing streak that kicked off 2024, although the Dow Jones Indus...
Mahindra is building a futuristic electric car that can even sense your moodThe new EV will have advanced features like autonomous parking, auto software upgrade, a new lightweight battery, a host of sensors to help...
Intel to sell $1.5 billion stake in MobileyeAfter the offering, Intel's voting share in the self-driving technology company will come down to about 98.7% from the current 99.3%.
Mobileye cuts revenue forecast on slow China EV demand, shares sinkChina’s decision last year to end a more than decade-long subsidy for EV purchases has forced automakers to deepen discounts in the world’s...
Intel's Mobileye unit set for strong market debutMobileye's strong reception may buck the trend of recent market debuts where investors have given the cold shoulder to newly-listed compani...
Intel's Mobileye seeks drastically lower $16 billion valuation in IPOThe self-driving unit of Intel said in a regulatory filing it is offering 41 million shares of common stock priced between $18 and $20 per ...
Intel's Mobileye files for listing in first sign of thawing tech IPO marketMobileye, which confidentially filed for its IPO earlier this year, reported first-half revenue of $854 million, a 21% jump from the year-a...
As US IPO market sinks, listings head to ChinaStock listings in Asia have raised $104 billion this year, accounting for a record 68% of global volume, data compiled by Bloomberg show. B...
Advanced Micro Devices (AMD) enters partnership with NIO to supply ChipsAMD and NIO entered into a partnership in recent development. AMD will be supplying chips to NIO according to the contract terms.
Intel plans to take self-driving car unit Mobileye publicChip giant Intel expects to retain Mobileye's executive team and hold on to a majority ownership in the unit after the initial public offer...
Tesla bats for full self-driving capabilities; offers benefits worth $13k to employeesThis is being offered by the company on a first come first serve basis.
Google vs the Rest: Nobody wants to let the tech giant win war for Maps all over againAutonomous cars require powerful sensors to see and advanced software to think. They especially need up-to-the-minute maps of every conceiv...
From drones to autonomous cars, here is everything that Intel announced at CES 2018In a keynote packed with glimpses into future technologies, Intel treated the audience to a dazzling array of data-driven innovations.