China blocks use of Intel and AMD chips in government computers: report
The Chinese government is banning the use of chips made by U.S. firms Intel and AMD along with foreign-made software in favor of microprocessors and tech made in China.
Intel plans US building spree thanks to billions in federal chip subsidies
Intel received $20 billion in federal funding and loans to invest in U.S. semiconductor manufacturing through the CHIPS Act as it looks to help restore America's chipmaking edge.
Intel embarking on a 'journey to rebuild' US chip domination, CEO says
Intel CEO Pat Gelsinger says the tech giant is "excited" to assist in chip production efforts that will bring the industry's supply chain back onto American soil.
Intel CEO touts AI Everywhere initiative ahead of event
Intel shares have advanced 68% this year
Arm shares climb in Wall Street debut
Arm Holdings, owned by SoftBank, made its debut on Wall Street on Thursday, after pricing its initial public offering at $51 per share at a valuation of $54 billion in high demand.
Instacart's slimmed-down IPO valuation
New details on Instacart's forthcoming IPO show the company's valuation isn't what is once was, giving investors a fresh look at the online grocer as a public company.
Secretary of Commerce Gina Raimondo says US businesses complaining China is becoming 'uninvestable'
Commerce Secretary Gina Raimondo said the Chinese government's actions against U.S. firms are making China "uninvestable" for American businesses due to the risk and uncertainty.
Intel drops multibillion-dollar deal to buy Israeli chipmaker Tower Semiconductor
Intel Corp. scrapped a $5.4 billion deal to acquire contract chipmaker Tower Semiconductor after the merger agreement expired without China giving regulatory approval.
Semiconductor supply glut improving; demand outside AI is low
Global chipmakers are seeing an end to supply surplus for semiconductors, while demand expectations from customers outside the artificial intelligence industry remains low.
Intel shares gain 7% as chipmaker returns to profitability
Intel reported second-quarter earnings on Thursday, and showed a return to profitability after two straight quarters of losses.
Intel reveals plan to build new $33B chip plant in Germany with government help
Intel announcement an agreement to invest $32.8 billion in a chip plant in Magdeburg, Germany. The German government announced it would contribute a third of its cost.
Intel co-founder Gordon Moore dies at 94
Gordon Moore, the man who co-founded the technology giant Intel, has died at the age of 94. Moore died peacefully his home in Hawaii surrounded by family.
Nvidia shares soar day after Intel cuts dividend
Chipmaker Nvidia’s shares are up on Thursday after the company reported better-than-expected quarterly earnings on Wednesday and rival Intel slashed its shareholder dividend.
Intel slashes dividend
The Intel Corp.’s board of directors announced the reduction of its quarterly dividend to $0.125 per share of the company’s common stock due to macroeconomic uncertainty.
Intel slashes some worker, exec pay following PC market fall: report
Intel is reportedly cutting worker and executive pay amid the company's disappointing quarterly earnings report.
Intel shares having worst day in 15 months
Intel is on pace to record its worst trading day loss since October of 2021 after the company reported poor quarterly and annual revenues.
For chip makers, the flip from shortage to glut intensifies
Qualcomm joined a chorus of companies cutting costs, saying it curtailed spending and froze hiring as electronics manufacturers are slowing chip orders.
Mobileye IPO: What to know
Mobileye is selling 41 million Class A shares at $21 per share. The offering values Intel's autonomous hardware and software unit at $16.7 billion.
Intel's Mobileye IPO prices above expected range
Intel's Mobileye IPO will begin trading Wednesday after selling 41 million shares at $21 each raising $861 million.
Intel to cut thousands of jobs as PC demand slows: report
Intel may cut a large amount of jobs this month as the semiconductor manufacturer deals with PC demand slowdown. The company's third-quarter earnings report is due out this month.