Intel's stock fell 22.84% from its June 30 high as AMD's data-center revenue surpassed Intel's for the first time, with AMD reporting $5.78 billion in Q1 2026 versus Intel's $5.1 billion. Intel's foun…
Intel is investing $5.7 billion to upgrade its Leixlip campus in Ireland for AI chip production, aiming to meet surging demand for data center processors. The move follows Intel's repurchase of a 49% …
Intel signed a nonbinding term sheet to acquire AI chip startup SambaNova Systems for about $1.6 billion, according to Wired and Bloomberg, contradicting an unverified report of a $1 billion funding r…
SambaNova is closing in on a funding round of up to $1 billion at a valuation near $10 billion, roughly five times its valuation from four months ago. Intel CEO Lip-Bu Tan confirmed the talks, highlig…
Intel pivoted toward energy-efficient AI inference hardware at Computex on June 2, betting that rising data center power consumption will drive demand for Xeon-based systems over Nvidia's training GPU…
Intel Corporation appointed Seok-Hee Lee as executive vice president of Intel Foundry to lead advanced packaging and system integration, reporting to CEO Lip-Bu Tan. Lee, former CEO of SK On and SK hy…
Intel Corp.'s stock surged up to 12% after President Donald Trump announced that Apple Inc. has agreed to work with Intel to design and produce chips domestically. The tie-up, mentioned in a Truth Soc…
Intel CEO Lip-Bu Tan released the 2025-26 Corporate Responsibility Report, outlining progress in rebuilding execution, strengthening core businesses, and advancing responsible growth in the AI era. Th…
Intel expanded its partnership with Cadence Design Systems to optimize its upcoming 14A manufacturing process using AI-driven design tools, aiming to attract external customers and turn around its fou…
Perplexity unveiled a hybrid inference platform at Computex that dynamically routes AI tasks between a user's personal device and cloud servers, with automatic routing set to begin in July. The system…
Intel shares rose about 3.4% Wednesday morning after executives at the Computex expo in Taipei announced the company's 18A chipmaking process is now at full scale with hundreds of design wins, alongsi…
Intel CEO Lip-Bu Tan slashed the company's management layers from 12 to six after taking over in March 2025, part of a sweeping turnaround that has boosted Intel's stock by nearly 500%. The moves come…
Intel CEO Lip-Bu Tan at Computex 2026 unveiled new processors including the Core Ultra Series 3 on Intel 18A, the Arc G3 series for handheld gaming, and announced over 130 edge designs on 18A. The com…
Intel announced new AI innovations at Computex 2026, including rackscale AI infrastructure with SambaNova and Foxconn, a disaggregated inference cloud with Vector Core Compute, and next-gen Xeon 6+ pr…