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Ahead of Intel’s upcoming Q3 financial announcement on October 31st, the market has speculated that it may suffer another quarter of revenue decline, while the company might reportedly incur a loss over USD 3 billion this year. However, the struggling giant might have made a significant misstep...
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Amid an operational crisis, Intel has abandoned its "5 Nodes in 4 Years" plan, shelving the Intel 20A process node to focus entirely on the more advanced Intel 18A. Now, there is finally good news regarding the 18A process. During the recent Enterprise Tech Tour in Portland, Oregon, CEO Pat Gelsi...
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One of the most critical moves of Intel’s next step, regarded by CEO Pat Gelsinger as “the most significant transformation in over four decades,” is turning its foundry business into an independent subsidiary. Citing remarks from foreign media and analysts, a report by Taiwanese media outlet A...
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According to Reuters citing sources, Intel, facing a critical survival crisis, has temporarily halted its new chip packaging and testing project in Penang. Malaysian media outlet The Star, citing informed sources, reported that Intel will temporarily halt its new chip packaging and testing projec...
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Disappointing financial results. A 15% layoff of its workforce. Restructuring and cost-reduction plans which may include the sale of FPGA unit Altera and freezing its USD 32 billion German fab project. Now, there seems to be more bad news on the way for Intel, as its advanced nodes, specifically 18A...