Intel has rapidly grown its custom ASIC business, exiting 2025 at a $1 billion run rate. Soaring demand for networking AI chips has driven much of the demand. This is a $100 billion market opportunity ...
The executive who led Intel’s efforts to win over customers for its contract chip manufacturing business has left the company ...
Chipmaker Intel said that the Trump administration's move to take an equity stake in the company could create a risk to its business in a regulatory filing. President Donald Trump announced last week ...
Intel's stock dropped more than 8% after the chipmaker said it would slash foundry costs in its latest attempt to turn around its struggling business. Concerns about where that leaves Intel's chip ...
Intel is executing a strong turnaround, with Q3 results exceeding expectations and a ~60% stock rally since September. Intel's client computing and foundry businesses are gaining momentum, driven by ...
Intel said Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024. The Santa Clara, Calif.-based chipmaker disclosed the layoff goals as it ...
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, and stock underperformance. The new CEO's turnaround plan—cost cuts, culture ...
In an email to CRN, Intel says it would not be going ahead with plans to offload its Network and Edge Group, also known as NEX, after all. Intel on Wednesday revealed that it would be holding onto its ...
Intel has announced a series of senior leadership appointments aimed at advancing its core product business, scaling its foundry operations, and reinforcing engineering capabilities across the company ...