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.
Schumer plans classified briefing for US senators on chips, technology
Senate Democratic Leader Chuck Schumer has scheduled an all-senators classified briefing for Wednesday on global innovation and a proposed bill to boost U.S. semiconductor manufacturing.
Thursday's trading: 5 Things to know
Here are the key events taking place on Thursday that could impact trading including news from Intel, Facebook and jobless claims.
Intel freezes hiring in a key division for at least two weeks
Intel Corp is pulling back the reins on hiring for a key company division as part of a series of cost-cutting measures.
Amazon, Intel shares fall on results, forecasts
Amazon reported its first quarterly loss since 2015. The online retailer and Intel both issued forecasts that missed the mark.
Intel becomes latest Western tech firm to suspend business in Russia
U.S. chipmaker Intel Corp said on Tuesday it has suspended business operations in Russia, joining a slew of companies to exit the country following its invasion of Ukraine.
Intel gave CEO pay package worth nearly $180 million amid turnaround effort
Intel Corp. awarded Chief Executive Officer Pat Gelsinger compensation last year that could be worth nearly $180 million, tying much of it to whether his sweeping turnaround effort at the chip giant sparks a sharp improvement in its stock price.
Nvidia considers teaming up with Intel on chip manufacturing
Nvidia CEO Jensen Huang says Intel wants them as a manufacturing partner and they're "very interested" in the prospect amid the chip crisis.
Intel investing $100M in education to bolster semiconductor manufacturing, research
Intel is looking to tackle the technical challenges and workforce shortages in semiconductor manufacturing with a $100 million investment over the next decade to build a pipeline of talent and support research, education and workforce development across the United States.
Jill Biden SOTU guest is CEO of company with deep ties to China, sponsored Beijing Olympics
The White House touted Intel CEO Patrick Gelsinger as one of the first lady's guests in a press release hours before the State of the Union address.
Intel one of Biden’s quivers in spending push
President Biden hopes Intel will bump up its $20 billion investment in Ohio to as much as $100 billion.
Intel picks Magdeburg in Germany for new European chip factory
Intel has chosen the east German city of Magdeburg as the site for a new multibillion-euro European chip factory and will make the decision public on March 4, a person familiar with matter told Reuters.