Intel tells Arm its product unit is not for sale
Arm Holdings Plc approached Intel Corp. about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of the matter.
In the high-level inquiry, Arm...
Intel rolling out Gaudi 3 to take on Nvidia H100
Intel Corp. is rolling out a new version of its artificial intelligence chip, aiming to challenge Nvidia Corp. in one of the fastest-growing parts of the semiconductor industry.
The updated processor, called Gaudi 3, will be widely available in...
Intel will manufacture one of Microsoft's custom-designed chips
Intel Corp. has landed Microsoft Corp. as a customer for its made-to-order chip business, marking a key win for an ambitious turnaround effort under Chief Executive Officer Pat Gelsinger.
Microsoft plans to use Intel’s 18A...
Intel's comeback begins
Intel Corp. surged in late trading after predicting a return to sales growth in the fourth quarter, fueled by an improving personal computer market and a more competitive product line.
Sales in the period will be $14.6 billion to $15.6 billion, Intel said in a statement...
Intel's Pat Gelsinger gets salary slashed by a quarter
Intel Corp., struggling with a rapid drop in revenue and earnings, is cutting management pay across the company to cope with a shaky economy and preserve cash for an ambitious turnaround plan.
Chief executive officer Pat Gelsinger is...
Eternal enemies — Intel vs AMD
The battle of the chipmakers is heating up, with the old guard showing signs of a return to dominance while the edgy innovators are not backing down.
Intel is the world's biggest manufacturer of x86-based computer chips, both in market value and market share.
AMD briefly overtakes Intel market cap
AMD achieved an astonishing feat on Wednesday — surpassing its biggest rival, Intel, in terms of market capitalisation.
At the close of the market on 16 February 2022, AMD had a total market cap of $197.75 billion (R2.98 billion), compared to Intel's...
Threat to Black Friday in South Africa
With Black Friday and Christmas looming, the global chip shortage could result in the price of electronic goods rising, according to a City Press report.
The global shortage will not be rectified anytime soon. Intel CEO Pat Gelsinger said it could take...