Intel's big announcements this week are positive indicators for its turnaround efforts and overall strategy, assuming it can ...

Intel CEO Pat Gelsinger announced a significant restructuring of its foundry business into an independent subsidiary to ...

Amid ongoing challenges in the AI chip market, Intel Corp. (NASDAQ:INTC) is contemplating significant strategic shifts to ...

The paradox stems from chief executive Pat Gelsinger’s decision to keep Intel’s chip design and manufacturing operations under one roof, rather than splitting them into separate companies.

Shares of Intel have lost more than half their value this year but are up this week following an update from CEO Pat Gelsinger. Intel (INTC) said Thursday it has no plans to sell its majority ...

Gelsinger said the company is “taking seriously” what investors have said and that Intel is focused on phase two of the company’s turnaround plan. 3 Intel cut 15% of its staff in August.

NEW YORK, Sept 17 (Reuters Breakingviews) - Intel (INTC.O), opens new tab is a chipmaker, just not one of the exciting ones. Boss Pat Gelsinger is trying desperately to change that: on Monday he ...

Intel CEO Pat Gelsinger told investors Thursday that the company’s sales likely will be depressed for many years, forcing the company to rethink its growth strategy and spending. “It’s been ...

Tech stocks could be in the bubble burst territory despite the recent sell-off, and an economist warned against betting on ...

In a significant move aimed at revitalizing the company, Intel Corp. INTC CEO Pat Gelsinger is set to present a comprehensive plan to the board, focusing on asset sales and cost reductions.

CEO Pat Gelsinger said in a message to employees late Monday that Intel will create an AI fabric chip for Amazon's cloud services division at its foundry business, a struggling division that he ...