Intel

Intel’s Chief AI Officer Sachin Katti leaves the company to join OpenAI, where he’ll help build the compute infrastructure powering artificial general intelligence.

Intel sues ex-engineer for stealing 18,000 ‘top secret’ files worth $250,000

The engineer, identified as Jinfeng Luo, worked at Intel from 2014 until his termination in July 2024. The company alleges that Luo downloaded around 18,000 files from his work laptop to a network-attached storage device (NAS) just days before his final departure.

Nvidia investors look to Washington DC ‘Super Bowl’ to juice sluggish stock

The chip giant’s three-day artificial intelligence conference called 'GTC' began Monday in the US capital, and all eyes will be glued to the keynote address by Chief Executive Officer Jensen Huang scheduled for midday Tuesday

US chipmaker Intel says India’s scale and data power make it central to global AI, 6G innovation

Mukherjee emphasized that India must play a stronger role in 6G standardisation to ensure that its innovations gain global scale rather than remain local adaptations.

Intel seeking an investment from Apple as part of its comeback bid

Intel Chief Executive Officer Lip-Bu Tan is attempting a comeback with the backing of the federal government. In an unconventional deal brokered by the Trump administration in August, the US acquired a roughly 10% stake in the chipmaker.

Intel rescue will depend on Trump as investor — and Pitchman

Wall Street analysts don’t expect the money alone to turn around Intel’s business, which has suffered from years of declining sales and the loss of market share

US seeks Intel stake without governance rights, Lutnick says

Intel rose as much as 11% in New York trading on Tuesday, while SoftBank fell 4% in Tokyo.

SoftBank to invest $2 billion in Intel as part of US push

Intel shares jumped about 5% in late trading after the announcement. They had closed at $23.66 in New York after a year-to-date gain of 18%.

Trump administration in talks to take a 10% stake in Intel

At Intel’s current market value, a 10% stake in the chipmaker would be worth roughly $10.5 billion.

Former Intel engineer Varun Gupta sentenced to 2 years probation, $34,472 fine for stealing company secrets

The problem came to light when Intel employees noticed something odd, Gupta, now negotiating with them as a Microsoft representative, seemed to have insider knowledge about Intel’s operations.

'US Inside'? Trump administration may buy stake in Intel to boost domestic chip production

Intel’s bumpy run could soon take a surprising turn — with the US government potentially becoming a shareholder. Talks are reportedly underway to support the chipmaker’s American manufacturing ambitions.

Intel CEO to meet trump after President’s call for resignation

Lip-Bu Tan was set for a meeting with the White House on Monday, a person familiar with the situation said, asking not to be identified discussion private matters

US lawmaker questions Intel CEO's ties to China in letter to company board chair

It is not illegal for US citizens to hold stakes in Chinese companies, even those with ties to the Chinese military, unless those companies have been added to the U.S. Treasury's Chinese Military-Industrial Complex Companies List, which explicitly bans such investments

Intel to cut 24,000 jobs in 2025, halt work on big factory projects

Intel is cutting 24,000 jobs and cancelling major factory projects in Germany, Poland, and Costa Rica as part of a major restructuring plan to cut costs and focus on core business.

‘It’s too late for us…’Intel’s new CEO delivers brutal reality check as Nvidia’s AI boom continues

The comments come as Intel begins thousands of layoffs across multiple locations, a sweeping move aimed at making the company leaner and faster—more like its rivals Nvidia, Broadcom, and AMD, according to the new CEO.

Intel to lay off over 500 employees as part of major restructuring

Intel hasn't shared the total number of layoffs company-wide, but reports suggest that up to 20% of the workforce could be affected in the coming months.

Intel layoffs 2025: The chipmaker plans to shut down this department; likely to fire most of the employees

Intel’s automotive business isn’t one of its major divisions, the company doesn’t even disclose its revenue or workforce numbers.

Intel to layoff more employees in July: What we know so far

The focus of the layoffs appears to be Intel’s factory workforce, especially within its internal manufacturing division known as Intel Foundry. Techgig reports that this part of the business will be at the heart of the restructuring.

Tech Mahindra & Intel: Crafting the Next Wave of AI-Driven Telco Transformation

Forbes India caught up with Manish Mangal, Head - Americas Communications Business - Tech Mahindra, to understand how this strong collaboration is helping clients harness GenAI, advanced computing, and network transformation to solve critical business challenges.

Intel to sell majority stake in Altera for $4.46 billion to fund revival effort

Shedding assets including the stake in Altera is at the center of Tan's strategy push to streamline Intel, after predecessors struggled to diversify it beyond its core PC and server chip business

Intel, TSMC tentatively agree to form chipmaking joint venture: Report

TSMC, the world's largest contract chipmaker, will take a 20% stake in the new company, the report said

Intel’s CEO Lip-Bu Tan plans to fire employees to revive the company

Tan, who starts officially on Tuesday, told employees in a meeting that hard decisions are coming. This could mean the company could eliminate some roles, especially in middle management.

Intel jumps 12% as investors cheer appointment of new CEO Tan

Tan will be tasked with reviving the company's fortunes after it missed out on the artificial intelligence-driven semiconductor boom while plowing billions of dollars into building out its chip-making business

Intel unveils Xeon 6 series processors: All the details

According to Intel, the new processors bring significant advancements in both data center and networking portfolios.

World Street | Open AI rejects Musk, Japan GDP rises, Dell’s AI deal and more

From AI-driven stock surges and potential Intel breakups to OpenAI rejecting Musk’s bid and Dell securing a major AI deal, here’s a roundup of the latest market movements shaping the global economy.