Intel broadens product portfolio as it bids to win back foundry customer trust
New CEO Tan is excited for possibilities but knows there’s still work to be done
News - Intel
The latest news from the data center, telco, and cloud sector
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Intel posts flat Q1 2025 revenue, reduces capex and says expect job cuts in Q2
CEO Lip-Bu Tan wants to return Intel to its engineering roots
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Intel planning 20,000 more jobs cuts as part of restructuring - report
Second round of layoffs employees have faced in a 12 month period
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Intel CEO shakes up leadership team, appoints new chief technology and AI officer
Multiple business groups will now report directly to Lip-Bu Tan
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Intel sells 51% stake in Altera to Silver Lake for $8.75bn
Intel first acquired the FPGA chip company in 2015 for $16.7bn
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TSMC and Intel discuss preliminary agreement regarding proposed foundry JV - report
Deal could see TSMC take 20 percent stake in Intel’s foundry operations
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Intel's Gaudi 3 AI chips now available on IBM Cloud
Chips offered from IBM's Frankfurt and Washington DC regions
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Intel appoints former board member Lip-Bu Tan as CEO
Will start new role on March 18
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TSMC proposes JV with chip firms to share ownership of Intel’s foundry division - report
Nvidia, AMD, Qualcomm, and Broadcom have all been approached, sources claim
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Intel further delays $28bn Ohio chip fabs by half a decade
Despite delays, chipmaker says it is still committed to the Ohio One project
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Intel launches Xeon 6 processors to support “broadest set” of data center and network workloads
Chipmaker also unveils two new Ethernet controller and network adapters
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Intel faces split as TSMC and Broadcom eye up chip maker’s assets – report
Two companies said to be considering separate acquisitions of Intel’s chip design business and semiconductor fabs
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Nokia names Intel's AI data center lead Justin Hotard as new CEO
Replaces Pekka Lundmark, who leaves after four years at the helm
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Intel partners with Japanese research institution for next-generation quantum computer
The agreement will see Intel provide chips to support the project
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Intel posts third consecutive quarterly loss, cancels planned release of Falcon Shores AI chip
Despite the downturn, company has received first two installments of CHIPS Act funding
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Intel spins out investment arm Intel Capital
Fund will start operating independently under a new name in the latter part of 2025
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Qualcomm poaches Intel server engineer, is hiring architects to develop data center processors
Job postings reveal company is developing a “server solution for data center applications”
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FPGA company Altera announces independence from Intel
Almost a year since spinout was first announced
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Intel shareholders file lawsuit claiming Foundry business violated federal securities laws
Former CEO Pat Gelsinger amongst executives named in the case
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Intel CEO Pat Gelsinger 'retires' as turnaround stalls
Two interim CEOs have been appointed until a replacement is found
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US gov't to award reduced CHIPS Act funding to Intel
Company will receive $7.9bn
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NEC to supply supercomputer for fusion science research in Japan
System is set to go live in July 2025
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German gov't looking to recoup €10bn in subsidies awarded to Intel for its delayed Magdeburg fab
Ministers undecided about how the funds should be reallocated
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Intel to lay off several hundred employees at its Israeli R&D centers – report
Has three R&D centers in the middle eastern nation
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Intel posts $16.6bn Q3 loss, but revenue beats expectations
Results a “good step” says CEO, despite largest-ever loss
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Intel to invest $300m in China chip packaging and testing facility expansion
Will also establish customer solutions center at the site
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Trump bashes CHIPS Act: "All you had to do is charge them tariffs"
And resurfaces comments about charging Taiwan for protection
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Intel to lay off more than 2,200 workers across Oregon, Arizona, California, and Texas
Part of a broader plan to cut 15,000 jobs