Intel’s ambitious push to regain leadership in high-end chip manufacturing has hit a significant hurdle. According to sources familiar with…
Browsing: foundry business
Samsung Electronics reported a steep 56% year-on-year drop in Q2 operating profit, projecting earnings of 4.6 trillion won ($3.36 billion)—significantly…
Intel’s new CEO Lip-Bu Tan is contemplating a significant change to the company’s contract chip manufacturing business, potentially abandoning the…
Intel has announced the hiring of three prominent chip industry veterans on Wednesday, as part of CEO Lip-Bu Tan’s broader…
Intel has announced that three board members—Omar Ishrak, Tsu-Jae King Liu, and Risa Lavizzo-Mourey—will not stand for reelection at the…
Shares of Intel surged nearly 14% on Thursday, following the announcement that Lip-Bu Tan, former board member, has been appointed…
Intel has appointed Lip-Bu Tan, a seasoned chip industry veteran, as its new CEO, effective March 18. The move marks…
Intel has successfully defended itself against a shareholder lawsuit that accused the company of fraudulently hiding issues within its foundry…
Intel shares climbed 1.7% in premarket trading on Friday following better-than-expected quarterly revenue, despite the company’s ongoing struggles in the…
Intel’s next chief executive will need a strong background in manufacturing and product development, according to interim co-CEO David Zinsner.…
Intel CEO Pat Gelsinger has resigned after nearly four years in office, following a board decision to replace him due…
Intel had a tumultuous week, stirring both excitement and concern on Wall Street about the company’s future. The chipmaker, which…