Intel
Intel gets US govt funding for $100 billion revamp, expansion programme
25 Mar 2024
Intel is embarking on a major expansion and upgradation programme, involving investment of $100 billion, by setting up manufacturing facilities in four US states and upgrading existing facilities
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Intel's new AI software firm, Articul8, secures backing from DigitalBridge
04 Jan 2024
In a significant development on Wednesday, 3 January 2024, Intel announced the creation of a new independent company dedicated to its artificial intelligence software endeavors.
Intel to receive a $3.2 billion grant for a $25 billion chip plant in southern Israel
27 Dec 2023
The Israeli government has approved a $3.2 billion grant for Intel’s ambitious plan to construct a $25 billion chip plant in southern Israel.
Intel to lay off 235 more employees in US as it reworks strategy
23 Dec 2023
Computer chip maker Intel Corporation plans to lay off around 235 employees at its research and development facility in Folsom, Sacramento County over two weeks, as part of its ongoing efforts to cut costs.
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Intel surpasses Wall Street expectations with high margins for fourth quarter
27 Oct 2023
Intel has predicted higher fourth quarter revenue and margins than the estimates of Wall Street on Thursday, 26 October, 2023.
Apple to acquire most of Intel’s smartphone modem business
26 Jul 2019
Almost 2,200 employees from Intel will join Apple, along with intellectual property, equipment and leases as Intel shifts focus on 5G technologies that will enable disruptive innovation in the network infrastructure
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