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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 ...

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

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.

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 ...

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 ...

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 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 ...

Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s turnaround plans. Gelsinger said Intel has made progress in lowering costs through ...

Intel's Pat Gelsinger says that the company hopes to win back Apple's business, but it will need to create a better chip than Apple Silicon to do it. The global chip shortage will continue to ...