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Intel is expected to report its biggest quarterly revenue drop in five quarters on Thursday, potentially signaling more erosion of data center and personal computer market share for the once ...
Intel is in crisis.The company forced out CEO Pat Gelsinger on Monday, its stock price is down more than 50% on the year, and the grand plan to add third-party semiconductor manufacturing to its ...
The slightly lower amount was on top of the $3.3 billion Intel has already been awarded through a Department of Defense contract that used CHIPs Act funding. Outside of its foundry business, Intel ...
Intel’s revenue shriveled to $54 billion in 2023, down nearly one-third from the year Gelsinger took over. Analysts expect Intel to lose $3.68 billion this year, its first annual net loss since ...
Intel's co-CEOs discussed splitting the firm's manufacturing and products businesses Thursday. A separation could address Intel's poor financial performance. It also has political implications.
Intel plans to use that technology to bring manufacturing of a flagship PC chip back in-house after being forced to outsource its biggest product to rival Taiwan Semiconductor Manufacturing.
Intel's Client Computing segment, which deals with the sale of chips for laptops and desktops, brought in revenue of $7.3 billion, versus expectations of $7.4 billion and $7.8 billion in revenue ...
Intel's shares have fallen about 60% so far this year, compared with a less than 2% year-to-date drop for AMD. Nvidia's shares have more than doubled in value this year.