The future of computing is being built in the middle of the Arizona desert. Just outside Phoenix, Intel’s Fab 52 looks ordinary from a distance. It is another stretch of grey concrete under a blazing ...
Intel is under siege by rival chipmakers, cloud providers, and now its own investors. Activist hedge fund Third Point LLC is pressuring Intel to make strategic changes to its operations, according to ...
Speaking Monday on CNBC's Squawk Box, Gelsinger defended the Donald Trump government's equity stake in Intel but said the ultimate measure of success will be whether the investment actually leads to ...
Initial market skepticism doubted whether new fabs from TSMC and Intel in Arizona could ramp up production on schedule. However, TSMC's first 4nm fab began mass production at the end of 2024, while ...
Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results. CEO Pat Gelsinger told staff yesterday that both projects were being put ...
The MacBook Neo has been a huge hit for Apple, but the surge in demand has also led the company to rethink its chip ...
Intel is planning its return to overall performance leadership. It's also ripping up decades of playbooks, launching a new client foundry service, and planning to license its technology to third-party ...
Intel (INTC) reported April 1 that it will repurchase Apollo Global Management’s 49% stake in the joint venture tied to Fab 34 in Leixlip, Ireland, for $14.2 billion. The company plans to fund the ...
Intel is repurchasing the 49% Fab 34 stake from Apollo for $14.2B, adding $6.5B in new debt and shrinking liquidity. INTC’s foundry segment lost $10.3B in FY25 with a negative 58% operating margin; ...
McDaniel's Construction Corp., Northstar Contracting Inc. and GTSA Construction Consulting, in partnership with Gilbane Building Company, represent first of projected 7,000 construction jobs. What the ...