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 ...

Intel was once a giant of Silicon Valley. It's now in the midst of a crisis. The chip giant has seen its value drop sharply this year due to several challenges. Its CEO, Pat Gelsinger, has ...

Intel cut 15% of its staff in August. REUTERS/Ann Wang Part of those plans will remain unresolved until the mid-September meeting. Then, the company’s directors will likely make crucial ...

The statement that Intel CEO Pat Gelsinger sent to staff members about the next stage of the company's transformation has been made public. Save my User ID and Password Some subscribers prefer to ...

Investors responded positively to Monday night's turnaround update from Intel CEO Pat Gelsinger. Some Wall Street analysts, however, remained cautious, reiterating recent ratings and price targets ...

Shares Surged Nearly 8% in Extended Trading on Monday Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Intel shares surged nearly 8% in ...

Illustration: John McColgan Intel also is pausing factory projects in Germany and Poland for two years, and putting a manufacturing project in Malaysia on hold until demand picks back up ...

Intel INTC6.36%increase; green up pointing triangle said it would further separate its chip-manufacturing and design operations as part of a new raft of measures to weather one of the most ...

Shares of Intel shot up nearly 10% in after hours trading on apparent optimism from an open letter the company's CEO, Pat Gelsinger, sent to employees last night. In the letter, Gelsinger outlined ...

Sandra Rivera emphasized that Intel has always planned to sell a stake in Altera rather than fully divesting from it, to take the company public by 2026. Intel’s plan to spin off its Altera ...