The former King of semis has attempted to calm investors' nerves, as CEO Pat Gelsinger clarified its roadmap in a recent ...

Intel CEO Pat Gelsinger said he respects the "skepticism" that he's seeing from the market regarding the company's turnaround efforts Earlier this month, Intel's stock had its worst day in over 50 ...

Head honcho Pat Gelsinger calls it "the next phase" of his plan to "transform" Intel into the powerhouse it once was. On Monday, Intel CEO Pat Gelsinger informed employees that the company is ...

I-HWA CHENG / Contributor / Getty Images Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s turnaround plans. Gelsinger said Intel has ...

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 ...

Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board of directors to slice off unnecessary businesses and revamp capital spending ...

Six months ago, Intel CEO Pat Gelsinger introduced an ambitious "moonshot" initiative to match semiconductor manufacturing capacities in Europe and the US with those ...

Boss Pat Gelsinger is trying desperately to change that: on Monday he said, opens new tab Amazon.com’s (AMZN.O), opens new tab Web Services division had agreed to buy billions of chips made by ...

In an announcement on Monday, Intel CEO Pat Gelsinger said the Intel Foundry will become an independent subsidiary with “clearer separation and independence” from Intel. With the change ...

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 ...