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Intel did, however, report a 103% increase in its Intel Foundry Services, but that amounted to just $952 million. Intel CEO Pat Gelsinger delivers a speech at the COMPUTEX forum in Taipei, Taiwan ...
Intel's revenue for the upcoming quarter is expected to fall more than 10% year over year to $13.8 billion, per Bloomberg consensus estimates, and earnings per share are projected to drop 77% to ...
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.
CHANDLER, Arizona (Reuters) -President Joe Biden awarded Intel nearly $20 billion in grants and loans on Wednesday, marking the U.S. government's largest outlay to subsidize leading-edge chip ...
(Reuters) -Intel was sued on Wednesday by shareholders who said the Silicon Valley chipmaker fraudulently concealed problems that led it to post weak results, slash jobs and suspend its dividend ...
Intel is an American multinational corporation and technology company headquartered in Santa Clara, California. Processors are manufactured in semiconductor fabrication plants called "fabs" which are then sent to assembly and testing sites before delivery to customers. Intel has stated that approximately 75% of their semiconductor fabrication ...
Intel shares jumped more than 7% on Wednesday to the highest level since early August. Trump is a vocal supporter of US manufacturing, and Intel could benefit from this.
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 ...