Intel gets US govt funding for $100 billion revamp, expansion programme

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

Intel's new AI software firm, Articul8, secures backing from DigitalBridge

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

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

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.

Intel surpasses Wall Street expectations with high margins for fourth quarter

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.

Intel acquires Israeli mobility service provider Moovit for $900 million

05 May 2020

Intel buys Smart Edge software from Canada's Pivot in 5G push

16 Oct 2019

Intel reports 3% fall in second-quarter 2019 financial results

26 Jul 2019

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

Intel 2019 January-March revenues flat at $16.1 billion

26 Apr 2019

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