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The Latest Breaking News from Patrick Gelsinger

Intel Plans Massive Fab Expansion in Oregon

Intel has submitted a permit application outlining plans to build a fourth model of its D1X R&D facility and rebuild its decades-old D1A R&D fab.

Tom’s Hardware

Intel Arrow Lake CPUs are on track – and that’s crucial due to AMD’s big Ryzen 8000 threat

Next year is going to be a major clash of the CPU titans, and Intel can’t afford to be arriving late to the battlefield.

TechRadar

Intel figures out how to make money again

Intel's Pat Gelsinger gets to deliver some good news during his tenure as CEO.

PC Gamer

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Intel Posts Q2 Revenue Of $21.9 Billion, Down 15% YoY But Beats Estimates

Semiconductor firm continues to execute its strategy and has seen momentum “across process and product technology and foundry.”

Zenger

Intel's Back in the Black, Says Arrow Lake Already in the Fab

Intel reports profit for the first time in several quarters and announces that the first stepping of its Arrow Lake chips are in the fab.

Tom’s Hardware

Intel soaks up Europe’s chip anxieties and subsidies

The U.S. giant will take over $10 billion in German subsidies for two new plants in Magdeburg.

Fortune

Intel is struggling to make good on its chip-making bet

Intel recorded its largest quarterly loss earlier this year. There's more pain to come—and it isn't just about the supply glut in semiconductors.

Fortune

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Nvidia CEO Says Intel's Test Chip Results For Next-Gen Process Are Good

Nvidia CEO Jensen Huang said that the company has received satisfactory test results from Intel test chips, increasing the possibility that Intel could build Nvidia GPUs.

Tom’s Hardware

AMD and Intel CPU Market Share Report: Recovery on the Horizon (Updated)

We take a look at the Mercury Research CPU market report for the first quarter of 2023.

Tom’s Hardware

Intel promises an avalanche of new CPUs and chip tech despite record losses

Meteor Lake this year, Arrow Lake and even Lunar lake due in 2024.

PC Gamer

The PC industry has surely hit rock bottom as multi-billion dollar losses predicted for Intel this week

Intel is expected to make its biggest ever loss, but things are expected to improve from here. Hopefully.

PC Gamer

The 5 CEOs Taking the Biggest Pay Cuts

Larry Fink is the latest bigwig to have lighter pockets due to pay cuts.

The Street

Pat Gelsinger: China is one of Intel's 'most important markets'

The U.S. released draft rules last March that constrain subsidy recipients from expanding chip production in "countries of concern," including China.

Fortune

Silicon Valley Loses a Giant

Semiconductor maker Intel co-founder Gordon Moore, who pioneered a theory on the technological evolution of computer chips, died on March 24 at the age of 94.

The Street

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TechRadar

Intel Arc chief is leaving Team Blue and this might be a good thing for gamers

Intel's Arc lead engineer Raja Koduri is no longer with the company, and it just might be the reset Team Blue needs for its next-gen GPUs.

AnandTech

Intel Leadership Shuffle: Stuart Pann in for IFS, Raja Koduri out for GPUs & off to AI Startup

In a combination of a press release and series of tweets from CEO Pat Gelsinger, Intel this afternoon has announced a pair of significant corporate leadership changes at the company, which will impact both their Intel Foundry Services (IFS) and graphics/accelerator business segments. In brief, IFS is getting new leadership,…

Tom’s Hardware

Raja Koduri Leaves Intel to Found AI Gaming Software Start-Up

Intel Chief Architect Raja Koduri is leaving the company to start his own company.

Fortune

Are Intel investors losing faith in CEO Pat Gelsinger's turnaround plan?

Intel's stock price has plummeted since Gelsinger took the helm in 2021. Now Intel is cutting investor dividends, too.

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The Street

Intel's Weak Outlook: Analysts Recommend Selling

Lower PC demand is hurting Intel's future profit margin, several analysts warn investors.

Asharq Al-Awsat

Intel Slashes Employee, Exec Pay amid PC Market Downturn

Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss of market share to rivals and a PC market downturn. The reductions will range from 5% of base pay for…

Fortune

Intel to cut executive pay as chip glut wipes out profits across industry

Intel is slashing its CEO pay by 25%—but cuts aren't just limited to executives.

Tribune News Service

Intel gives one of its grimmest forecasts ever, slamming shares

Intel Corp. is forecasting one of the worst quarters in its history, touching off a broader selloff of chips companies as a slowdown in personal-computer sales ravages the industry.

The Street

Grim Intel Outlook Tied to Weak PC Demand

We stumbled ... we lost share ... we lost momentum," said CEO Pat Gelsinger.

Fortune

Intel shares erase almost all their 2023 gains after poor earnings and a chip glut

“I don't think I've ever seen anything quite like this before”, said one senior semiconductor analyst for Bernstein Research.

The Street

How Should Intel Navigate the Coming Storms?

7investing CEO Simon Erickson discusses what the upcoming challenges for Intel will mean for investors in the stock market.

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