Intel


2024-10-30

[News] Intel’s Third-Quarter Revenue Set for Largest Decline in Five Quarters

According to a report from MoneyDJ, citing the Reuters, Intel’s share price has plummeted this year as the company falls behind in the AI race and faces substantial losses in its foundry business. Intel is set to release its third quarter 2024 earnings report after the U.S. stock market closes ...

2024-10-29

[News] NVIDIA Hires Ex-Intel Staff in Israel with 33% Higher Salaries Amid Layoffs

According to a report from Globes, amid significant layoffs at Intel, many former employees from the company in Israel have made the move to NVIDIA, including veteran staff who have worked at Intel for a decade or more. The report noted that updates on LinkedIn indicate that at least 30 employees...

2024-10-28

[News] Intel Invests $300M to Expand Chengdu Facility for Server Chip Packaging

Intel announced today an expansion of its packaging and testing facility in Chengdu, China. In addition to packaging and testing for client products, the facility will now offer services for server chips and will establish a Customer Solutions Center aimed at boosting local supply chain efficiency, ...

2024-10-28

[News] Former Intel Directors Urges the Company to Spin off its Fab Business

According to a report from Silicon Angle, four former Intel directors have published an article in Fortune, urging the company to spin off its fab business. The authors include Reed Hundt, a onetime Federal Commission Communications chair, Charlene Barshefsky, former U.S. Trade Representative, Ja...

2024-10-28

[News] Construction of Multiple Semiconductor Plants in Germany Faces Setbacks

Recent reports reveal that German automotive parts supplier ZF Friedrichshafen AG (ZF) plans to withdraw from a 3 billion USD joint project with U.S. chipmaker Wolfspeed to build the world’s largest 8-inch SiC chip manufacturing plant. Industry speculation suggests the reasons behind ZF's decision...

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