Business
AEM soars 18.5% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 18.5 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker…
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Intel
Business
AEM soars 17.8% on the back of Nvidia’s US$5 billion Intel investment
Shares of AEM jumped as much as 19.1 per cent on Friday (Sep 19) following overnight news of Nvidia’s US$5 billion investment in chipmaker…
Business
Intel shares soar as Nvidia embrace brings it into the AI boom
Intel shares have skyrocketed after Nvidia announced plans to invest in and partner with the company, sparking hope that the old chipmaker…
Business
Nvidia invests US$5 billion in Intel, plans to co-design chips
Nvidia Corp agreed to invest US$5 billion in Intel and said the two will co-develop chips for PCs and data centres, a surprise move to…
Business
Intel announces key executive shake-up, says products chief Holthaus will exit
Intel announced a series of top executive changes on Monday (Sep 8), including the departure of products chief Michelle Johnston Holthaus,…
Unsorted
CDC Official Makes Shocking Confession About RFK Jr.’s Intel
On Thursday evening, Dr. Demetre Daskalakis—who recently resigned from a high-level role at the Centers for Disease Control—revealed a…
Unsorted
Trump says he will continue to make deals like Intel one
Under the agreement, the US will purchase a 9.9% stake in the company for US$8.9 billion President Donald Trump on Monday (Aug 25) said…
Business
Intel warns US stake could hurt international sales, future grants
Intel said on Monday (Aug 25) that the US government’s 9.9 per cent stake in the chipmaker could pose risks to its business, from…
News
Iran readying for 'second round,' as Hezbollah braces for war, ex-IDF intel officer warns
Ex-Military Intelligence officer warns of looming confrontation as Syria pushes for 1974 deal with Israel. IDF Col. (res.) Dr. Jacques…
Unsorted
Trump says Intel has agreed to a deal for US to take 10% equity stake
US President Donald Trump said on Friday (Aug 22) the US would take a 10 per cent stake in Intel under a deal with the struggling…
Business
Intel rescue will depend on Trump as investor — and pitchman
A US government plan to take a stake in Intel would give the ailing chipmaker a powerful backer, even if a bigger challenge still lies…
Business
US seeks Intel stake without governance rights: Lutnick
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a stake in the chipmaker,…
Business
SoftBank to invest US$2 billion in Intel as part of US push
SoftBank Group agreed to buy US$2 billion in Intel stock, a move that extends its US investment effort and offers a vote of confidence in…
Business
Intel CEO’s ‘Amazing Story’ has helped make him a billionaire
Days after calling for the firing of Intel Corp’s CEO, President Donald Trump changed his mind following a “very interesting” meeting with…
Business
Trump holds high-stakes meeting with Intel CEO after calling for his resignation
US PRESIDENT Donald Trump said he met with Intel CEO Lip-Bu Tan on Monday, days after seeking his resignation, praising Tan and calling…
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Intel CEO Tan Lip-Bu says has board support as Trump calls for resignation
Tan has reached out to the White House to clear up what he called “misinformation” about his track record Intel chief executive officer…
Business
Three Intel senior executives to retire amid manufacturing shake up
Three senior executives in Intel’s manufacturing operations are set to retire, Intel told Reuters on Thursday, as new CEO Tan Lip-Bu…
Business
Intel used to be the most valuable U.S. chipmaker. How it fell far behind Nvidia
Earlier this year, Intel’s new chief executive Lip-Bu Tan made frank remarks about how the Silicon Valley chipmaker keeps coming up short.…
Business
Intel to separate networking unit as new CEO Tan overhauls business
The CEO has been given the challenge of revitalising the chipmaker after years of missteps and high-capital manufacturing strategies led…
Business
Intel plans to shed thousands of workers
Intel, once the most valuable U.S. chipmaker, faces an uphill battle as it tries to stay relevant in the artificial intelligence race. On…
Business
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8 per cent on Friday (Jul 25) after the company warned of exiting chip manufacturing if it fails to secure a major…
Business
Intel to Lay-Off 24,000 Employees, Scrap Europe Projects in Major Restructuring Drive
Intel is set to slash about 24,000 jobs—nearly a quarter of its global workforce—by the end of 2025 as part of a sweeping cost-cutting…
Business
Intel says revenue rose as it cut ranks
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its workforce to be…
Business
Intel cuts over 500 jobs in Oregon as part of layoff plan
Hillsboro, a suburb of Portland, is home to some of Intel’s biggest factories and research centres Intel is cutting more than 500…