Intel

Intel says it will keep networking and communications unit

The chip maker has considerably improved its cash position as a result, finance chief Dave Zinsner says

In 2021, Intel announced it would build a US$7 billion advanced chip packaging plant in Malaysia.

Intel to invest additional RM860 million in Malaysia, PM says

[KUALA LUMPUR] Malaysian Prime Minister Anwar Ibrahim said US chipmaker Intel has announced an additional investment of RM860 million (S$208 million) in the country for assembly and testing operations...

TSMC says former senior vice-president Lo Wen-jen Lo is highly likely to leak or transfer its trade secrets to Intel.

TSMC sues former senior vice-president who joined Intel over trade secrets

The company says Lo had failed to disclose in his exit interview that he was planning to work for Intel

“It’s rumour and speculation. There’s nothing to it. We respect IP,” Intel's CEO Tan Lip-Bu said.

Intel CEO Tan Lip-Bu denies claims new hire stole TSMC trade secrets

The executive is alleged to have taken proprietary knowhow from his former employer just before his departure

Intel CEO Tan Lip-Bu said that sharing his strategy for Intel convinced US President Donald Trump to make the investment.

Intel CEO Tan Lip-Bu pledges to ‘refocus’ chip giant on AI, foundry

The chip company dominant in PC processors but losing AI ground to Nvidia

Intel CEO Tan Lip-Bu's aggressive cost-cutting measures helped the chipmaker surpass quarterly profit estimates and regain stability.

Intel shares jump as investments, cost cuts catapult turnaround efforts

INTEL shares surged nearly 9 per cent in premarket trading on Friday (Oct 24) as investors rallied behind CEO Tan Lip-Bu’s aggressive cost-cutting measures that helped the chipmaker surpass quarterly ...

Intel forecast current-quarter revenue between US$12.8 billion and US$13.8 billion, with a midpoint of US$13.3 billion, compared with analysts’ average estimate of US$13.37 billion.

Intel beats third-quarter profit estimates as cost cuts, investments pay off

INTEL beat expectations for September-quarter profit as CEO Lip-Bu Tan’s drastic cost-cutting measures helped the chipmaker shore up its finances amid a slew of high-profile investments in the company...

The new chip is the struggling US chipmaker’s latest attempt to capitalise on the frenzy in AI spending that has generated billions in revenue for AMD and Nvidia.

Intel signals return to AI race with new chip to launch next year

Nvidia has dominated the market to build large artificial intelligence models such as the one used for ChatGPT