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The Latest Breaking News from Patrick Gelsinger

This Underperforming Chip Stock Wants to Take On Nvidia. Is It a Buy?

With YTD losses in excess of 40%, Intel is the worst-performing S&P 500 constituent in 2024, and has completely missed out on the rally in chip stocks that helped catapult Nvidia to record highs. Is INTC stock a buy after its long stretch of underperformance?

Barchart

Intel boss confirms Panther Lake is on track for mid-2025 release date - with some bold claims

Intel CEO Pat Gelsinger has doubled down on Panther Lake coming in mid-2025 with some bold performance claims in a recent earnings call.

TechRadar

Intel CEO claims Core Ultra laptop chip is 'hot' but the company's near-term outlook still isn't exactly on fire

Intel's Meteor Lake laptop chips are selling fast, but Intel's own forecasts aren't looking great.

PC Gamer

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Intel Teases Lunar Lake At Intel Vision 2024: 100+ TOPS Overall, 45 TOPS From NPU Alone

During the main keynote at Intel Vision 2024, Intel CEO Pat Gelsinger flashed a completed Lunar Lake chip off, much like EVP and General Manager of Intel's Client Computing Group (CCG) Michelle Johnston Holthaus did back at CES 2024. The contrast between the two glimpses of the Lunar Lake chip…

AnandTech

Intel's next-gen Lunar Lake CPUs will be able to run Microsoft's Copilot AI locally thanks to 45 TOPS NPU performance

Intel CEO Pat Gelsinger unveiled next-gen Lunar Lake NPU capabilities at its Intel Vision keynote, with the new chips expected to offer 100+ TOPS total AI performance and 45 TOPS carved out for the NPU.

Windows Central

Intel's upcoming Lunar Lake will crank out over 100 TOPS of AI performance later this year

Meanwhile, we're still waiting for any sign of Arrow Lake.

PC Gamer

'Before competitors ship their first chips, we're launching our second.': Intel CEO touts '3x the AI performance' for upcoming Lunar Lake chips

During today's Intel roadmap keynote, CEO Pat Gelsinger revealed exciting updates that could be industry changing.

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Does Intel’s CEO get paid more than AMD’s CEO? The answer might not be that surprising, if you think about it

AMD's CEO earned significantly more than Intel's CEO in 2023, but stock played a major part.

TechRadar

Intel foundry sees $7 billion in losses and doesn't expect to break even until 2027

Intel foundry unit reported $7 billion in losses which led to a share price drop of over 4%. According to Intel's CEO, these losses are partially due to a failure to switch to new machinery.

Windows Central

Intel's 18A-based CPUs won't ramp to high volume production until 2026

Intel's Panther Lake and Clearwater Forest will start production in 2025, but won't ramp to high volume until 2026.

Tom’s Hardware

Intel's chip foundry keeps losing billions of dollars but CEO Gelsinger says this is it, this year is 'the trough'

Internal restructuring and foundry investments are the first steps back to profitability.

PC Gamer

Intel to Receive $8.5B in CHIPS Act Funding & Further Loans To Build US Fabs

Intel and the United States Department of Commerce announced on Wednesday that they had inked a preliminary agreement under which Intel will receive $8.5 billion in direct funding under the CHIPS and Science Act. Furthermore, Intel is being made eligible for $11 billion in low-interest loans under the same law,…

AnandTech

Biden Administration Commits Nearly $20 Billion to Boost U.S. Semiconductor Industry with Intel

Under the CHIPS Act, the Department of Commerce brokered 8.5 billion in direct funding and 11 billion in loans to reinforce Intel's footprint in the country

Latin Times

Biden is giving Intel $8.5 billion for big semiconductor projects in 4 states

President Biden was in the battleground state of Arizona to make the biggest announcement yet in his plan to bring semiconductor manufacturing back to America.

WEKU

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AnandTech

Intel CEO Pat Gelsinger to Deliver Computex Keynote, Showcasing Next-Gen Products

Taiwan External Trade Development Council (TAITRA), the organizer of Computex, has announced that Pat Gelsinger, chief executive of Intel, will deliver a keynote at Computex 2024 on June 4, 2024. Focusing on the trade show's theme of artificial intelligence, he will showcase Intel's next-generation AI-enhanced products for client and datacenter…

PC Gamer

Intel's Pat Gelsinger will deliver a keynote at Computex 2024 introducing 'next-generation client computing products', so maybe we'll finally get an official look at Arrow Lake

News of the next-generation Intel desktop chips has been relatively quiet of late, but here's hoping we might finally get a proper look at some shiny new silicon.

PC Gamer

Intel plots 1nm silicon for 2027 but are the wheels coming off its existing roadmap?

Forget about those five nodes in four years, here comes Intel 14A and 10A.

PC Gamer

Intel CEO admits 'I've bet the whole company on 18A'

Pet Gelsinger resisted the idea last year, now he won't deny everything is riding on Intel's most advanced node yet.

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AnandTech

IFS Reborn as Intel Foundry: Expanded Foundry Business Adds 14A Process To Roadmap

5 nodes in 4 years. This is what Intel CEO Pat Gelsinger promised Intel’s customers, investors, and the world at large back in 2021, when he laid out Intel’s ambitious plan to regain leadership in the foundry space. After losing Intel’s long-held spot as the top fab in the world…

AnandTech

The Intel IFS Direct Connect 2024 Keynote (Starts at 8:30am PT/16:30 UTC)

This morning, Intel is set to provide updates on its foundry business (IFS) and process roadmap at its IFS Direct Connect event in Santa Clara. Intel is expected to unveil plans for how the company will transform the foundry industry and how it is set to become the world's first…

Barchart

3 Semiconductor Stocks Insiders Are Buying This February

For investors looking to "follow the money" in the hot semiconductor industry, recent insider purchases at Super Micro Computer, Wolfspeed, and Intel are potentially bullish signals worth considering.

TechRadar

Intel's troubles won't stop Arrow Lake from coming to your desktop, CEO insists

The Intel CEO has been bullish about the Arrow Lake processor coming out in 2024, despite a huge decline in share price.

PC Gamer

Intel CEO bullish about chip roadmap and confirms Arrow Lake CPUs for this year as share price plummets 12%

18A Panther Lake chips also heading for Intel's fabs…

Tom’s Hardware

Intel posts mixed financial report, demonstrates growth but 2023 revenues are down

Intel posted mixed financial results for the last quarter of 2023, with growth for the quarter, but revenue down for last year as a whole.

TechRadar

"Customized chips will be in vogue beyond 2025": Intel could move away from regular CPU releases in a frantic bid to serve customers better and catch up with rivals — but will it be enough?

Intel plans to focus on future technologies, such as AI and chiplets, and release chips when ready.

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