Intel's CEO Search in Focus as Chipmaker Set to Post Lower Revenue
The high costs of attempting to catch up with leading chip manufacturer TSMC have strained Intel's balance sheet and pressured cash flows. Meanwhile, many U.S. government officials view Intel as key to maintaining strategically valuable U.S. chip manufacturing know-how.
Intel lost a mere $126 million quarterly, on $14.3 billion in revenue.
A report last month said its 18A process, which was supposed to be a "turning point" for Intel Foundry, is only achieving 10% ...
Intel stock is struggling for direction Friday after the chipmaker reported a fourth-quarter beat but gave weak guidance.
Intel Corp. ended 2024 with some better news for investors and interim leadership reiterated commitment to its contract ...
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads.
It’s no secret that Intel has been struggling on the AI front—its laggard status helped to fell CEO Pat Gelsinger two months ...
Some analysts say the outlook looks conservative. Another says investors are in wait-and-see mode while Intel works to hire a ...
Less than three months since Intel was awarded $7.68bn in milestone-based federal grants, the company has received $2.2bn of ...
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