Intel Corp. Chief Executive Pat Gelsinger put it bluntly as he announced a $10 billion cost-cutting program that will decrease capital expenditures and bring a 15% headcount reduction. “Simply put, we ...

Intel is teaming up with SpaceX, Tesla, and xAI on Elon Musk's Terafab project. Intel's involvement looks like a win for the company and improves teh outlook for Musk's Terafab initiative. Stocks are ...

Elon Musk is partnering with Intel INTC-2.10%decrease; red down pointing triangle on his ambitious Terafab project, which aims to build specially designed chips for SpaceX and xAI as well as for Tesla ...

Intel has announced that it will help Elon Musk design and build his proposed Terafab in Austin, Texas, a joint venture between Musk's companies like SpaceX, Tesla and xAI to manufacture the chips ...

Intel will join SpaceX and Tesla in an effort to build a new U.S. semiconductor factory in Texas, although the scope of its contributions are unclear. “Our ability to design, fabricate, and package ...

Intel is teaming up with Elon Musk to help with his Terafab chip project. The chipmaker's stock jumped after it announced the partnership with SpaceX, xAI, and Tesla. Musk previously said the giant ...

Intel's shares jumped more than 2% after the announcement. The company also posted ‌a photo of CEO Lip-Bu Tan and Musk shaking hands, saying it hosted the world's richest man at its campus the past ...

Intel is repurchasing a 49% stake in its Irish fab from Apollo for $14.2B, regaining full ownership. This move signals improved business prospects, balance sheet strength, and autonomy over AI-driven ...

Sixteen miles north of Albuquerque, in Rio Rancho, New Mexico, an Intel chip plant sits on more than 200 acres of land. The site was established in the 1980s, part of it built on top of a sod farm. In ...

Intel (INTC) stock leaped toward $47.50 amid a $14.2 billion Ireland fab stake repurchase and 18A process node ramp-up. However, Intel faces the critical test of whether 18A can close its Intel ...

Intel just announced new commercial personal-computer chips that will be built on the company’s advanced process technology, signaling the semiconductor maker’s faith in its manufacturing efforts. The ...

At Intel Pro Day, the chip maker unveiled its latest round of vPro processors based on Panther Lake, otherwise known as the Core Ultra Series 3 with vPro. As with past iterations, these new chips take ...