Business
Intel’s Sales Slump Shows Price of Falling Behind in AI Race
[ad_1] (Bloomberg) — Intel Corp. plunged more than 19% after delivering a barrage of startling news, including a grim growth forecast and plans to…
Tag: pat gelsinger
US News
Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet
[ad_1] By Arsheeya Bajwa (Reuters) -Intel said on Thursday it would cut more than 15% of its workforce, some 17,500 people, and suspend its…
Business
Intel Plunges After Bleak Forecast Casts Doubt on Comeback Bid
[ad_1] (Bloomberg) — Intel Corp. tumbled in late trading after delivering a disappointing forecast on Thursday, renewing doubts about a long-promised turnaround at the…
Business
Intel Suffers Largest-Ever Loss Amid PC Slump, Fierce Competition
[ad_1] Intel Suffers Largest-Ever Loss Amid PC Slump, Fierce Competition [ad_2] Source link
World News
Intel stock tumbles after brutal results
[ad_1] Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for…
Business
Intel’s horrible quarter revealed an inventory glut and underused factories
[ad_1] Intel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in…
US News
The Federal Reserve is testing how climate change could hurt big banks | CNN Business
[ad_1] A version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You…
Breaking News
Intel CEO: Chip supply chains will shape geopolitics more than oil over the next 50 years | CNN Business
[ad_1] New York CNN — Global politics will be dominated by the availability, trade and investment in microchips for the next several decades, Intel…