Tag: Pat Gelsinger

Intel Is Legally Obligated to Retain Control of Foundry Business
As Intel continues to struggle with its turnaround, at least one possibility is off the table, with the company legally prohibited from selling its foundry...
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Intel Kills Off One of Its Most Promising Chip Designs
Intel is backtracking on one of its most promising designs, with CEO Pat Gelsinger saying Lunar Lake was a "one-off" that the company has no intention of r...
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Intel and AMD Form Advisory Board to Spur x86 Innovation
Intel and AMD have formed an advisory board dedicated to furthering innovation in the x86 ecosystem in the face of growing threats from other platforms....
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Apollo Global Management Emerges As Latest Intel Suitor
Qualcomm and Broadcomm are reportedly not the only companies interested in In...
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Qualcomm Pursuing Intel Takeover
In what many consider to be unthinkable, Qualcomm is reportedly pursuing a takeover of Intel in a move that could upend the semiconductor industry....
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TSMC Poised to Pass Intel as America’s Premier Chipmaker
TSMC has crossed a major milestone, manufacturing the chips Apple uses in iPhones and iPads in the US, but the implications go far beyond Apple....
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Intel to Separate Foundry Business as Independent Subsidiary
Intel has finally decided what to do about its foundry business, with plans to separate it and establish it as an independent subsidiary....
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Intel May Split Off Foundry Business
In what may be the biggest blow to CEO Pat Gelsinger's attempts to turn troubled...
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One of Intel’s Veteran Board Members Quit Over Disagreements About the Company’s Direction
Lip-Bu Tan, a veteran of the semiconductor industry, reportedly resigned from Intel's over disagreements about Intel's attempted turnaround....
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Intel Eliminating 15,000 Jobs
As rumored, Intel has announced another round of job cuts, with CEO Pat Gelsinger saying the company will reduce its headcount by some 15,000 roles....
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Intel Will Reportedly Let Thousands Go In New Round of Layoffs
The hits keep coming for Intel, with the company planning to let thousands of employees go in a new round of layoffs that could happen this week....
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AMD Poised to Stomp Intel’s Best Chips
AMD is once again poised to take the performance crown from Intel, with its upcoming Ryzen 9 9900X besting Intel's best in benchmarks....
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Intel Pauses Work on Israel Manufacturing Plant, Cites ‘Capital’
Intel has announced it is pausing work on its manufacturing plant in Israel citing a number of factors, including "capital management."...
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AMD Now Worth Double What Intel Is
Despite Intel's turnaround attempts, the latest data shows long-time rival AMD is now worth double what Intel is....
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Intel Will Spin Off PSG
Intel has announced plans to spin off Programmable Solutions Group (PSG), with standalone operations expected to begin January 1, 2024....
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