Intel shares powered higher in early Tuesday trading after the chipmaker unveiled some major changes to its flagging business ...

The Silicon Valley chip giant has been in freefall this year, pushing CEO Pat Gelsinger to unveil a turnaround plan for the ...

Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.

Intel CEO Pat Gelsinger has unveiled the company's first major transformation strategy in over four decades, including the ...

Shares of the chipmaker rose Tuesday, lifted by Monday night's update to CEO Pat Gelsinger’s plans to re-energize the company ...

The statement that Intel CEO Pat Gelsinger sent to staff members about the next stage of the company's transformation has ...

Intel is spinning off its chipmaking business as part of its plans to reverse billions in losses and a tumbling stock price.

The company announced that Intel Gaudi 3 accelerator, its AI hero capable of scaling without limits built to handle demanding ...

Intel Pat Gelsinger said the company plans to make its foundry business independent and delay European construction projects, ...

Intel CEO Pat Gelsinger informed employees that the company is transforming its foundry arm into an independent subsidiary, ...

Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom ...