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Insatiable Demand For AI Chips & The Associated Fiber Frenzy – $AMD $NVDA $INTC $LUMN $GEDC

The insatiable demand for AI chips has sparked a $5 billion spending spree among tech giants, with companies like Nvidia, AMD, and Intel vying for dominance in the rapidly evolving artificial intelligence market. In a scene reminiscent of Black Friday for nerds, tech CEOs in hoodies and sneakers ar...

Aug 06, 2024 View Article

Intel’s $5.4B Purchase Of Tower Semiconductor Falls Through Due To Geopolitical Factors – $INTC $DIA $LTRN

As per reports, Intel Corporation (INTC) has decided to cancel its previously planned acquisition of Israeli contract chipmaker Tower Semiconductor Ltd, a deal worth $5.4 billion. This decision comes as the merger agreement between the two companies lapsed due to the absence of regulatory cleara...

Aug 29, 2023 View Article

Synopsys & Intel Forge Partnership To Integrate Technical Building Blocks Into Chip Design -$INTC $SNPS $DIA $SPY $LTRN

Reportedly, Synopsys (SNPS), a company specializing in chip design tools, and Intel Corporation (INTC) unveiled a collaborative agreement. Under this partnership, Synopsys' collection of technical building blocks will be integrated into Intel's offerings, aiming to enhance the chip design process. ...

Aug 30, 2023 View Article

Did NVIDIA’s $50M Investment In Recursion Just Open Up A Floodgate For AI Firm’s To Invest in Biotech? – $NVDA $RXTX $LTRN $META

The title of this story 'Did NVIDIA's $50M Investment In Recursion Just Open Up A Floodgate For AI Firm's To Invest in Biotech?' poses a very interesting question that many investors have on their minds today and that many more investors should possibly be pushing to the top of their collective mind...

Jul 13, 2023 View Article

Intel In Talks With Arm For Major Investment In IPO – $INTC $DIA $NVDA $LTRN

Reportedly, Intel Corporation (INTC) is currently engaged in discussions with Arm, a subsidiary of SoftBank Group Corp, to become a significant investor in Arm's upcoming initial public offering (IPO) of shares. According to a report, Arm intends to list its shares on Nasdaq later this y...

Jun 13, 2023 View Article

German Finance Minister Denies Intel’s Request For Higher Subsidies For Chip Plant – $INTC $DIA $BRQS

Reportedly, Christian Lindner, the Finance Minister of Germany, has declined Intel Corporation (INTC) request for increased subsidies for its chip plant in the country, citing budgetary constraints as the reason for his refusal. "There is no more money available in the budget. We are trying to cons...

Jun 15, 2023 View Article

Intel Plans To Raise $1.48B Through Sale Of Mobileye Holdings – $INTC $DIA $MBLY $LTRN

As per reports, Intel Corporation (INTC) intends to sell a portion of its holdings in Mobileye Global Inc., generating approximately $1.48 billion to support its ambitious investment strategies. The American company plans to offer 35 million shares of the Israeli automated driving technology maker, ...

Jun 15, 2023 View Article

Intel Reveals New Details On Upcoming AI Chip To Compete With Nvidia & AMD – $INTC $NVDA $AMD $LTRN

Reportedly, Intel Corporation (INTC) disclosed additional details about its upcoming chip for artificial intelligence (AI) computing. The chip, codenamed "Falcon Shores," is scheduled for release in 2025. In an effort to rival Nvidia Corp and Advanced Micro Devices Inc, Intel is shifting its strateg...

Jun 16, 2023 View Article

Intel & SAP SE Collaborate To Enhance SAP Software On The Cloud – $INTC $DIA $QQQ $BRQS

Reportedly, Intel Corporation and SAP SE have joined forces in a strategic partnership aimed at delivering enhanced and sustainable SAP® software environments on the cloud. This collaboration is designed to empower customers with increased scalability, agility, and consolidation of their existing S...

May 23, 2023 View Article

Intel Announces Release Schedule For New Data Center Chips, Including Sierra Forest – $INTC $DIA $QQQ $INVO

Reportedly, Intel Corporation (INTC), a leading chip manufacturer in the U.S., has announced the release schedule for its latest semiconductor chips designed for data center customers. The company has confirmed that Sierra Forest, its first chip aimed at improving power efficiency, will be delivered...

Apr 04, 2023 View Article

Intel To Host Investor Webinar On Data Center AI Business & Growth Drivers – $INTC $DIA $INVO

Intel Corporation (INTC) has announced that it will be hosting an investor webinar on March 29, 2023, at 8:30 a.m. PDT. The purpose of this webinar is to provide the audience with updates on Intel's Data Center and AI business, along with its growth drivers, and to review the company's product roadm...

Mar 14, 2023 View Article

Intel Seeks Additional Subsidies ($5B) For Chip Manufacturing Complex In Germany – $INTC $DIA $INVO

As per reports, Intel Corporation (INTC) is facing financial hurdles with its chip manufacturing complex project in eastern Germany and is seeking additional subsidies from the German government. The company has requested an estimated €4 billion to €5 billion in additional aid to continue the pr...

Mar 13, 2023 View Article

Intel Builds Software Platform For Quantum Computers – $INTC $DIA $INVO

Reportedly, Intel Corporation has built a software platform for developers to build quantum algorithms that can run on a quantum computer. Quantum computing, in theory, can perform calculations quicker than conventional computers and is based on quantum physics. Intel Labs' head of quantum applicati...

Mar 12, 2023 View Article

Intel Cuts Quarterly Dividend – $INTC $DIA $INVO

As per reports, Intel Corporation (INTC) is decreasing its quarterly dividend as a major step of its strategy to improve its capital position amid unstable times. Recently, Intel confirmed that two of its major components data centers and personal computers witnessed slowing growth after two years o...

Mar 02, 2023 View Article

Intel Announces Pay Cuts – $INTC $DIA $INVO

Reportedly, Intel Corporation (INTC) announced it would be making pay cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast after loosing its substantial market share to rivals and a sluggish PC market. The reductions will range from 5% of base pay ...

Feb 08, 2023 View Article

Intel Reduces Guidance, Misses Q4 Estimates – $INTC $DIA $QQQ $INM

Reportedly, Chipmaker Intel Corporation (INTC) missed Q4 estimates and forecasts figures much lower than expected for the current period. The company reported an adjusted 10 cents a share on sales of $14.04 billion in the December quarter. Analysts were expecting earnings of 21 cents a share on sale...

Feb 01, 2023 View Article

Intel’s Director Frank Yeary To Take Over As Chairman – $INTC $DIA $ATOS

Reportedly, Intel Corporation (INTC) Chairman Omar Ishrak had stepped down from his position, and will continue as an independent director on Intel's board. Omar Ishrak will be succeeded by board's director Frank Yeary. Yeary, an Intel director since 2009, and also serves on the board of PayPal Hol...

Jan 26, 2023 View Article

Italy PM In Potential Talks With Intel Over Chip Factory Deal – $INTC $DIA $INVO

Reportedly, Giorgia Meloni, Italy's Prime Minister is to meet representatives of Intel Corporation (INTC) to discuss a potential multibillion-euro investment by the company in Italy. Earlier this year, the U.S. giant announced plans to build a chip factory in the country as part of a bigger plan t...

Dec 30, 2022 View Article

Intel Dividing Its Graphic Chips Unit Into 2 Divisions – $INTC $DIA $INVO

Reportedly, Intel Corporation (INTC) is dividing its graphic chips unit into two as it realigns the business to better compete with its competitors. Intel to combine its consumer graphics unit with Intel's client computing group, which makes chips for personal computers, and on the other hand, accel...

Dec 29, 2022 View Article

Intel Elects BlackRock Co-Founder To Its Board – $INTC $BLK $DIA $INVO

As per reports, Intel Corporation (INTC) has elected co-founder and senior advisor at BlackRock Inc. (BLK) Barbara G. Novick, to its board of directors effective Dec. 1, 2022. Barbara will serve as an independent director and join the board’s Audit & Finance and Compensation committees. &nbs...

Nov 22, 2022 View Article

Intel Quarter Earnings Exceed Estimates, But Remains Timid On Outlook – $INTC $DIA $ATOS $INVO

As per reports, Intel Corporation (INTC) recently released its Q3 earnings beating expectations, but remained conservative on its outlook for the fourth quarter. The company earned an adjusted 59 cents a share on sales of $15.34 billion in the September quarter, analysts expected Intel earnings of 3...

Dec 05, 2022 View Article

Intel To Lay Off Employees Amid Declining PC Demand

Reportedly, Intel Corporation announced cutting jobs amid a slowdown in the personal computer market. The layoffs will be announced as early as this month and some of Intel's divisions, including the sales and marketing group, could witness cuts affecting about 20% of employees. As of July, Intel ha...

Oct 13, 2022 View Article

Intel Ties With Google Cloud Introducing Secure & Improved Chip For Data Centre – $INTC $GOOG $DIA $BRQS $INVO

Reportedly, Intel Corporation (INTC) and Alphabet Inc's Google Cloud have launched a co-designed chip to make data centers more secure and efficient. The E2000 chip, code-named Mount Evans, takes over from the expensive central processing units (CPU) that do the main computing, for the work of packa...

Oct 18, 2022 View Article

Intel To Host Q3 Earnings Call – $INTC $DIA $INVO

As per reports, Intel Corporation (INTC) announced the release of third-quarter 2022 financial results on Thursday, Oct. 27, 2022, after trading closes followed by a conference call at 2 p.m. PDT to discuss the results. The event webcast can be reached at Intel's Investor Relations website at intc.c...

Oct 26, 2022 View Article

Intel Offers Customers To Try Out New Chips With Expanded Developer Cloud Base – $INTC $DIA $INVO

Reportedly, Intel Corporation (INTC) is planning to expand the Intel Developer Cloud, allowing customers to try a range of new chips before they hit the market, as it hopes it will pull more application developers to use its processors. Chip companies are working to enable software and hardware deve...

Oct 03, 2022 View Article

Intel Announces New Member To Its Board Of Directors – $INTC $DIA

As per reports, Intel Corporation (INTC) recently announced that 62-year-old Lip Bu Tan, executive chairman of Cadence Design Systems Inc., chairman of Walden International, and founding managing partner of Celesta Capital and Walden Catalyst Ventures, will join Intel’s board of directors, effecti...

Aug 27, 2022 View Article

Intel’s Q2 Earnings Disappoint Resulting In Lower Outlook – $INTC $DIA

Recently, Chipmaker Intel Corporation (INTC) missed the Street's Q2 estimates and cut its outlook for the full year. The company earned an adjusted 29 cents a share on sales of $15.3 billion in the June quarter, analysts expected earnings of 69 cents a share on sales of $17.94 billion. On a year-ove...

Aug 02, 2022 View Article

Intel To Produce MediaTek Designed Chips Expanding Its Foundry Business – $INTC $DIA $AMZN $QCOM

As per reports, Intel Corporation (INTC) is set to produce chips for Taiwan’s MediaTek Inc, one of the world's largest chip design firms. The manufacturing arrangement is one of Intel's most significant deals since it launched its so-called foundry business early last year. A foundry business buil...

Aug 01, 2022 View Article

Intel Announces Common Stock Dividend Date – $INTC $DIA

Reportedly, the board of Intel Corporation (INTC) announced a quarterly dividend of $.365 per share payable on September 1, 2022. The dividend is payable to all common stockholders as of August 7, 2022. Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the m...

Jul 21, 2022 View Article

Intel To Release Q2 Earnings On July 28 – $INTC $DIA

As per reports, Intel Corporation (INTC) is set to announce its second-quarter 2022 financial results on Thursday, July 28, 2022, soon after the market closes, followed by an earnings conference call at 2 p.m. PDT to discuss the results. A live public webcast of the earnings conference call can be a...

Jul 18, 2022 View Article

Intel Appoints April Miller Boise To Lead Intel’s Global Legal, Trade & Government Affairs – $INTC $DIA

As per reports, April Miller Boise has been appointed executive VP and chief legal officer to lead Intel Corporation (INTC) global legal, trade, and government affairs team, starting July 6. Miller Boise succeeds Steven Rodgers, who retired this year after more than 20 years of association with Inte...

Jun 26, 2022 View Article

Whoa!..Did Intel Shareholders Just Cast A Vote Against Executive Compensation For Top Executives – $INTC $DIA

Reportedly, Intel Corporation (INTC) shareholders rejected compensation packages for top executives, including a payout of as much as $178.6 million to Chief Executive Officer Pat Gelsinger. About 1.78 billion votes were cast against executive compensation at the annual meeting and 921.2 million vot...

May 17, 2022 View Article

Is Intel’s New AI Chip A Threat To Nvidia Corp’s Dominant AI Chip Market? – $INTC $NVDA $DIA

Reportedly, Intel Corporation (INTC) has launched a new chip called Gaudi2 focused on artificial intelligence computing, as the chip manufacturer strengthens its push into the AI chip market currently dominated by Nvidia Corp. Gaudi2 marks the second-generation processor by Habana Labs, an Israeli A...

May 12, 2022 View Article

Intel Appoints Former $AMD Executive Matt Poirier As Senior VP Of Corporate Development – $INTC $DIA

Reportedly, Intel Corporation (INTC) announced the appointment of Matt Poirier as senior VP of corporate development, effective May 30, 2022. Poirier will join the company’s executive leadership team and report to CEO Pat Gelsinger. He has more than 20 years of leadership, finance, and corporate d...

May 11, 2022 View Article

Intel Reports Q2 Beats, Reaffirms Full year Guidance – $INTC $DIA

Intel Corporation's (INTC) first-quarter release reported adjusted earnings of 87 cents a share on sales of $18.35 billion, beating estimates of 78 cents a share on sales of $18.33 billion for the March-ended quarter. On a year-over-year basis, Intel earnings declined 35% while sales dropped 1%. Int...

May 03, 2022 View Article

Intel Announces Quarterly Dividend Payable June 1, 2022 – $INTC $DIA

Reportedly, the board of Intel Corporation (INTC) announced a quarterly dividend of $.365/share on common stock ($1.46 per share on an annual basis). The dividend will be payable on June 1, 2022, to stockholders of record on May 7, 2022. Intel Corporation (INTC) seeks to expand the bounda...

Apr 18, 2022 View Article

Magdeburg In Germany Identified For Intel’s Prospective Multibillion-Euro European Chip Factory

As per reports, Intel Corporation (INTC) has chosen the east German city of Magdeburg as the site for a new multibillion-euro European chip factory and is expected to make the decision public on March 4. The small city of Magdeburg is the capital of Saxony-Anhalt state and has space for a new plant ...

Mar 01, 2022 View Article

Christoph Schell Succeeds Michelle Johnston As Intel’s New Executive VP & Chief Commercial Officer of SMG – $INTC $DIA

As per reports, Christoph Schell has been appointed executive vice president and chief commercial officer to lead the Sales, Marketing, and Communications Group (SMG), Intel Corporation (INTC) effective March 14. Schell will succeed Michelle Johnston Holthaus, who will continue in his new role as ge...

Feb 22, 2022 View Article

Intel Pushes Back Planned Roll-Out Of Its Standalone Desktop Graphics Chips To Q2 – $INTC $DIA

As per reports, Intel Corporation (INTC) has pushed back the launch of standalone graphics chips for desktops to the second quarter, however, the ones for laptops will be rolled out in the first quarter as originally planned. Last year in August, the chip giant informed that the graphics chips for P...

Feb 23, 2022 View Article

Tech Giant Intel Acquiring Israeli Chipmaker Tower Semiconductor For $5.4B – $INTC $DIA $TSEM

Reportedly, Intel Corporation (INTC) has entered a deal to buy Israeli chipmaker Tower Semiconductor for $5.4B focusing on further expanding its manufacturing capacity and technology portfolio amid rising demand. The transaction is expected to close in about 12 months and has been unanimously appro...

Feb 17, 2022 View Article

Intel’s Q4 Earnings Exceed Estimates – $INTC $DIA

Intel Corporation (INTC) released Q4 earnings that ended December 26, exceeding market estimates. The chip giant reported adjusted revenue of $19.5 billion versus $18.31 billion expected and adjusted EPS of $1.09 versus $0.91 expected. Intel expects $18.3 billion in adjusted sales in the first quart...

Feb 03, 2022 View Article

Intel Announces $20B Investment To Build Chip Plants In The Buckeye State – $INTC $DIA

Reportedly, Intel Corporation (INTC) announced that they will be investing of up to $100 billion to build the world's largest chip-making complex in Ohio, focussed to boost capacity amid a global shortage of semiconductors used in everything from smartphones to cars. The step is part of Chief Execu...

Jan 21, 2022 View Article

Intel Orders ASML’s Advanced Chipmaking Machine – $INTC $DIA

As per reports, Intel Corporation (INTC) has placed the first order with ASML for an advanced chipmaking machine that won't be delivered for years and is still on the drawing board. ASML's most advanced commercial machines are the size of a bus and cost around $150 million each, they are known as EU...

Jan 20, 2022 View Article

Intel Announces Former Micron Technology Executive David Zinsner As Executive VP & CFO – $INTC $MU

Reportedly, Intel Corporation (INTC) announced the appointment of David Zinsner as the company’s executive vice president and chief financial officer, effective Jan. 17, 2022. Zinsner will report to Gelsinger and lead Intel’s global finance organization, including finance, accounting and reporti...

Jan 12, 2022 View Article

Intel Completes First Closing In Sale Of Its NAND & SSD Business To Seoul Based SK Hynix

As per reports, Intel Corporation (INTC) has completed the first closing sale of its NAND and SSD business, selling its SSD business, including the transfer of certain NAND SSD-associated intellectual properties and employees, and the Dalian NAND memory manufacturing facility in China to SK Hynix, a...

Jan 03, 2022 View Article

Intel & Google Team Up To Create ‘Mount Evans’ – A New Class Of Chip Or Infrastructure Processing Unit

As per reports, Intel Corporation (INTC) and Alphabet Inc's (GOOG) Google Cloud are working together to create a new category of chip that Intel hopes will become a major seller in the booming cloud computing market. The chip is called Mount Evans and will be sold to others beyond Google. Tasks like...

Nov 01, 2021 View Article

Intel’s Q3 Hit By Industry-Wide Component Shortage

Intel Corporation (INTC) reports weak third-quarter earnings figures, driven by an industry-wide component shortage for its PC chip business leading to a 2% shrinkage during the quarter ended October 2. “We call it match sets, where we may have the CPU, but you don’t have the LCD, or you don’...

Oct 26, 2021 View Article

Intel Declares Quarterly Dividend Payable December 1

Reportedly, the board of Intel Corporation (INTC) declared a quarterly dividend of $.3475 per share on the company’s common stock payable on December 1. The dividend is payable to shareholders of record as of Nov. 7, 2021. Intel Corporation (INTC) seeks to expand the boundaries of technology ...

Sep 12, 2021 View Article

Effective Sept. 7th Bruce H. Andrews Will Be Appointed As Intel’s Corporate VP & Chief Government Affairs Officer

Reportedly, Intel Corporation (INTC) has appointed Bruce H. Andrews as corporate vice president and chief government affairs officer, effective Sept. 7. Andrews will report to Steven R. Rodgers, Intel’s executive vice president, and general counsel. He will head Intel’s global government affairs...

Aug 26, 2021 View Article

Intel Reveals Its Latest Chip Strategy & TSMC Partnerships

Intel Corporation (INTC) is reportedly working to regain its footing in manufacturing to prevent further loss of its chip market share to rivals such as Advanced Micro Devices Inc and Nvidia Corp, who have faster offerings. The giant chip revealed its turnaround strategy to source subcomponents of...

Aug 22, 2021 View Article

Intel Announces Appointment Of Christy Pambianchi As Executive VP & Chief People Officer

As per reports, Intel Corporation (INTC) announced the appointment of Christy Pambianchi as executive vice president and chief people officer, effective Sept. 7. Christy Pambianchi will report to CEO Pat Gelsinger. Pambianchi will head the Human Resources organization and will work to attract, retai...

Aug 16, 2021 View Article

Intel Fails To Win Court Approval To Toss $2.18B VLSI Technology LLC Patent Verdict

Reportedly, Intel Corporation (INTC) has failed to gain approval to throw out a $2.18 billion jury verdict that ordered the chipmaker to pay VLSI Technology LLC the amount for patent infringement. U.S. District Judge Alan Albright in Waco, Texas, denied Intel's move for a new trial in a sealed order...

Aug 12, 2021 View Article

Intel Reports Q2 Earnings Beat – Expects PC Market To Keep Growing Into 2022

Intel Corporation (INTC) released their second-quarter ended June 26 earnings, reporting $18.5 billion in adjusted sales beating estimates of $17.80 billion. The company earned $1.28 per share higher than estimates of $1.06. Revenue from its data center business decreased 9% to $6.5 billion in the q...

Aug 05, 2021 View Article

Intel In Discussion To Purchase GlobalFoundries For ~$30B Owned By Mubadala Investment Co.

As per reports, Intel Corp (INTC) is in talks to buy semiconductor manufacturer GlobalFoundries Inc, owned by Abu Dhabi sovereign wealth fund Mubadala Investment Co, with a manufacturing footprint across the U.S., Europe, and Asia for about $30 billion. The discussion comes in as a semiconductor s...

Jul 20, 2021 View Article

Intel & Microsoft Collaborate On Intel’s Bridge Technology

As per reports, Intel (INTC) and Microsoft (MSFT) have deepened their partnership offering an impressive computing experience with the upcoming Windows 11 for more than three-fourths of Windows PCs powered by Intel® processors. The new New PCs enabled by Intel® Core™ processors along with Intel�...

Jun 30, 2021 View Article

Intel Partners With India’s Reliance Jio On Building 5G Network Technology

Reportedly, Intel Corporation (INTC) is collaborating with India's Reliance Jio to develop 5G networking technology. Last year, Intel's venture capital unit invested $250 million in Reliance Industries Ltd's Jio Platforms unit, hoping the two companies would find areas of technology partnership. "T...

Jun 28, 2021 View Article

Intel In Talks With German State Of Bavaria To Build Chip ‘Megafactory’

Reportedly, Germany's southern state of Bavaria is in discussion with Intel (INTC) to build a European chip factory to meet supply bottlenecks that have hindered production in the automotive sector. Recently, Intel has been seeking 8 billion euros/ $9.5 billion in public subsidies to build a semicon...

Jun 24, 2021 View Article

Intel CEO On Global Chip Supply Shortages

During a virtual session of the Computex trade show in Taipei this week, Intel Corporation (INTC) CEO, Pat Gelsinger informed that the global shortage of semiconductors will take several years to be resolved. The effect of which can be felt in production lines, and consumer electronics. He said that...

May 31, 2021 View Article

Intel Investing $600M In Israel To Expand Its R&D Work -Also Spending $10B On New Chip Plant

Reportedly, Intel Corporation (INTC) is set to invest another $600 million in Israel for the expansion of its research and development (R&D) and it will also spend $10 billion on a new chip plant. The company to invest $400 million to turn its Mobileye unit into an R&D campus for developing ...

May 06, 2021 View Article

Intel Reports Q1 2021 Earnings – States “This is a pivotal year for Intel”

Reportedly, Intel Corporation (INTC) released Q1 earnings this week, first with CEO Pat Gelsinger in leadership. Sales remained flat and profit dropped in the first quarter of 2021. However, earnings per share were significantly higher than analyst estimates and the company’s expected forecast. C...

Apr 23, 2021 View Article

Intel To Spend $20B At Chandler, Arizona Plant Expansion

As per reports, Intel Corporation (INTC) is set to expand its semiconductor manufacturing capacity, beginning with plans for two new factories or "fabs" at the company’s Ocotillo campus in Chandler, AZ. Intel CEO Pat Gelsinger announced the news during Intel’s global "Intel Unleashed: Engineerin...

Mar 25, 2021 View Article

Intel Announces Quarterly Cash Dividend

As per reports, the board of Intel Corporation (INTC) announced a quarterly dividend of $0.3475 per share on the company’s common stock payable on June 1, 2021, to stockholders as of record on May 7, 2021. Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most a...

Mar 14, 2021 View Article

Intel To Invest Additional $475 Million In Intel Products Vietnam Facility

Reportedly, Intel Corp (INTC) has invested an additional $475 million in its Intel Products Vietnam facility to improve technologies and further boost the production of its 5G products and core processors. The addition takes Intel's total investments in Vietnam to around $1.5 billion. "Intel Prod...

Jan 27, 2021 View Article

Intel Releases Quarterly Earnings- Bob Swan’s Finale

Intel Corporation (INTC) reported earnings this week, its last with Bob Swan serving as CEO role before Pat Gelsinger, Intel’s incoming CEO takes over. Here’s how the chip giant performed for the quarter ending December: Earnings per share (EPS) of $1.52 was reported versus $1.10 expected. ...

Jan 24, 2021 View Article

Intel CEO Bob Swan To Step Down In February As VMWare CEO To Take Over

Reportedly, Intel Corporation (INTC), CEO Bob Swan to step down from his role as of Feb. 15. Swan was elected as the CEO of the company in January 2019 and earlier served as the interim CEO for seven months and as CFO since 2016. Pat Gelsinger, serving as CEO of VMWare since September 2012 is set t...

Jan 14, 2021 View Article

Intel’s Delayed 10-Nanometer Server Chips Are Reportedly On The Way for Q1 2021

Reportedly, Intel Corporation (INTC) is soon going to launch a server chip in large volumes built with its best production technique in the first quarter. This is seen as an attempt to convince its customers that its manufacturing operations are recovering from long delays. The Xeon Scalable third g...

Jan 13, 2021 View Article

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