Tag: intel
‘Praying, fasting for 100K Intel employees’: Ousted CEO Pat Gelsinger finds way to ‘support’ troubled workers | Trending
Dec 13, 2024 01:56 PM IST Reportedly, Intel’s board of directors gave former CEO Pat Gelsinger a choice to resign, or he would have been…
Intel CEO Pat Gelsinger breaks silence after being forced out by the company board | Trending
Pat Gelsinger, CEO of Intel, has been forced out of the chipmaking giant less than four years after taking the top job at the company….
Peak Bengaluru moment: Techie landlord turns advisor for his tenant’s startup. Viral post | Trending
We’ve come across numerous stories of exchanges between friendly landlords and tenants in India’s metros. An entrepreneur in Bengaluru took to social media to reveal…
Intel gets $7.86 billion chips manufacturing subsidy from the US government
The U.S. Commerce Department said Tuesday it was finalizing a $7.86 billion government subsidy for Intel, down from $8.5 billion announced in March after the…
Qualcomm may take over struggling rival Intel in the biggest tech M&A deal ever: Report
Chip giant Qualcomm may take over rival Intel, according to a Wall Street Journal report, which cited unnamed sources and added that this comes amid…
Intel facing ‘most difficult period in its 56-year history’, exploring options
Intel Corp. is working with investment bankers to help navigate the most difficult period in its 56-year history, according to people familiar with the matter….
SoftBank scraps AI chips tie-up plan with Intel: Report
Aug 15, 2024 10:24 AM IST The partnership did not materialize after the US chipmaker struggled to meet SoftBank’s requirements. Japanese technology investor SoftBank dropped…
Intel sells stake in chip designer Arm Holdings
Aug 14, 2024 09:16 AM IST Intel would have raised about $146.7 million from the sale, based on the average price of Arm’s stock between…
OpenAI sought Intel’s investment 7 years ago but this decision changed AI race
For US chip giant Intel, the darling of the computer age before it fell on harder times in the AI era, things might have been…
Intel plans to cut thousands of jobs. Will layoffs take place in Bengaluru and Hyderabad as well?
Jul 31, 2024 12:22 PM IST Intel layoffs: The company has not officially announced the layoffs and may do so as early as this week,…