Intel CEO Lip-Bu Tan reportedly told employees he is shaking up the company’s leadership structure and naming an AI chief to ...

After being forced into retirement, Gelsinger said he was often “pissed off, angry and bitter with the board.” ...

Sales suffered a 2% year-over-year drop to $53.1 billion for Intel's 2024 fiscal year, ended Dec. 28. The firm has been ...

Intel's Lip-Bu Tan has overhauled leadership by naming Sachin Katti as CTO and AI chief, flattening the structure, and taking ...

Tariff talk has hurt shares of rival chip maker Nvidia, but Intel stock has barely moved. The company is refocusing its board ...

Intel to divest 51% stake in Altera for $4.46 billion to Silver Lake amid cost cuts, stock down 17% in one month ...

The sale will provide Intel a cash boost as the chip maker aggressively cuts costs to bolster its balance sheet, while it ...

Beleaguered chip maker Intel has been looking for ways to capitalize on non-core, not large, but profitable parts of its ...

Intel is selling off its majority share in chip-maker Altera as part of its new CEO's first steps toward stabilizing the ...

Intel has announced that it has agreed to sell a 51% stake in its Altera programmable chip business to buyout firm Silver ...

Intel Corp. has agreed to sell a 51% stake in its programmable chips unit Altera to Silver Lake Management, making good on ...

Shedding assets including the stake in Altera is at the center of Tan's strategy push to streamline Intel, after predecessors ...