Articles from Intel Corporation
Intel Announces Retirement of CEO Pat Gelsinger
Intel Corporation (NASDAQ: INTC) today announced that CEO Pat Gelsinger retired from the company after a distinguished 40-plus-year career and has stepped down from the board of directors, effective Dec. 1, 2024.
By Intel Corporation · Via Business Wire · December 2, 2024
Intel and Biden-Harris Administration Finalize $7.86 Billion Funding Award Under US CHIPS Act
Intel Corporation and the Biden-Harris Administration announced today that the U.S. Department of Commerce and Intel have reached agreement on terms to award the company up to $7.86 billion in direct funding for its commercial semiconductor manufacturing projects under the U.S. CHIPS and Science Act. The award will support Intel’s previously announced plans to advance critical semiconductor manufacturing and advanced packaging projects at its sites in Arizona, New Mexico, Ohio and Oregon. Intel also plans to claim the U.S. Treasury Department’s Investment Tax Credit, which is expected to be up to 25% of qualified investments of more than $100 billion.
By Intel Corporation · Via Business Wire · November 26, 2024
Intel Corporation to Participate in Upcoming Investor Conferences
Intel Corporation today announced that company executives will participate in the following investor events:
By Intel Corporation · Via Business Wire · November 13, 2024
Intel Reports Third-Quarter 2024 Financial Results
By Intel Corporation · Via Business Wire · October 31, 2024
Intel to Report Third-Quarter 2024 Financial Results
Intel Corporation today announced that it will report third-quarter 2024 financial results on Thursday, October 31, 2024, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PDT that day to discuss the results.
By Intel Corporation · Via Business Wire · October 9, 2024
Intel Unveils Next-Generation AI Solutions with the Launch of Xeon 6 and Gaudi 3
As AI continues to revolutionize industries, enterprises are increasingly in need of infrastructure that is both cost-effective and available for rapid development and deployment. To meet this demand head-on, Intel today launched Xeon 6 with Performance-cores (P-cores) and Gaudi 3 AI accelerators, bolstering the company’s commitment to deliver powerful AI systems with optimal performance per watt and lower total cost of ownership (TCO).
By Intel Corporation · Via Business Wire · September 24, 2024
Intel Awarded up to $3B by the Biden-Harris Administration for Secure Enclave
The Biden-Harris Administration announced today that Intel Corporation has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program. The program is designed to expand the trusted manufacturing of leading-edge semiconductors for the U.S. government.
By Intel Corporation · Via Business Wire · September 16, 2024
Intel Corporation to Participate in Upcoming Investor Conferences
Intel Corporation today announced that company executives will participate in the following investor events:
By Intel Corporation · Via Business Wire · August 13, 2024
Intel Reports Second-Quarter 2024 Financial Results; Announces $10 Billion Cost Reduction Plan to Increase Efficiency and Market Competitiveness
By Intel Corporation · Via Business Wire · August 1, 2024
Intel Names Naga Chandrasekaran to Lead Foundry Manufacturing and Supply Chain
Intel Corporation today announced the appointment of Dr. Naga Chandrasekaran as chief global operations officer, executive vice president and general manager of Intel Foundry Manufacturing and Supply Chain organization. Chandrasekaran joins Intel from Micron, where he served as senior vice president for Technology Development. He will be a member of Intel’s executive leadership team and report to CEO Pat Gelsinger.
By Intel Corporation · Via Business Wire · July 25, 2024
From Athletes to GenAI Developers: Intel Tackles Real-World Challenges with AI Systems
What’s New: Today, Intel shares exciting details on its collaboration with the International Olympic Committee (IOC) and on an industry-driven generative AI (GenAI) retrieval-augmented generation (RAG) solution. These announcements demonstrate how open AI systems and platforms using Intel® Gaudi® AI accelerators and Intel® Xeon® processors put the power in the hands of developers and enterprises to tackle challenges created by the AI boom.
By Intel Corporation · Via Business Wire · July 18, 2024
Intel Launches Its First US Apprenticeship for Manufacturing Facility Technicians
What’s New: Intel is launching its first U.S. registered apprenticeship program for manufacturing facility technicians in Arizona in collaboration with the Arizona Commerce Authority (ACA), the Phoenix Business and Workforce Development Board, the SEMI Foundation, Maricopa Community Colleges District (MCCD) and Fresh Start Women’s Foundation. The company plans to train facility technician apprentices over the next five years. Selected apprentices will be full-time Intel employees on day one and will earn a certificate and college credit upon successful completion of the one-year program.
By Intel Corporation · Via Business Wire · July 15, 2024
Intel Demonstrates First Fully Integrated Optical I/O Chiplet
What’s New: Intel Corporation has achieved a revolutionary milestone in integrated photonics technology for high-speed data transmission. At the Optical Fiber Communication Conference (OFC) 2024, Intel’s Integrated Photonics Solutions (IPS) Group demonstrated the industry’s most advanced and first-ever fully integrated optical compute interconnect (OCI) chiplet co-packaged with an Intel CPU and running live data. Intel’s OCI chiplet represents a leap forward in high-bandwidth interconnect by enabling co-packaged optical input/output (I/O) in emerging AI infrastructure for data centers and high performance computing (HPC) applications.
By Intel Corporation · Via Business Wire · June 26, 2024
Intel and Apollo Agree to Joint Venture Related to Intel’s Fab 34 in Ireland
Intel Corporation (Nasdaq: INTC) and Apollo (NYSE: APO) today announced a definitive agreement under which Apollo-managed funds and affiliates will lead an investment of $11 billion to acquire from Intel a 49% equity interest in a joint venture entity related to Intel’s Fab 34.
By Intel Corporation · Via Business Wire · June 4, 2024
Intel Accelerates AI Everywhere at Computex 2024; Redefines Compute Power, Performance and Affordability with new Xeon 6, Gaudi Accelerators and Lunar Lake Architecture to Grow AI PC Leadership
Today at Computex, Intel unveiled cutting-edge technologies and architectures poised to dramatically accelerate the AI ecosystem – from the data center, cloud and network to the edge and PC. With more processing power, leading-edge power efficiency and low total cost of ownership (TCO), customers can now capture the complete AI system opportunity.
By Intel Corporation · Via Business Wire · June 3, 2024
Intel Corporation to Participate in Upcoming Investor Conferences
Intel Corporation today announced that company executives will participate in the following investor events:
By Intel Corporation · Via Business Wire · May 16, 2024
Kevin O’Buckley to Lead Foundry Services at Intel
Intel Corporation today announced the appointment of Kevin O’Buckley as senior vice president and general manager of Foundry Services, the customer service and ecosystem operations division of Intel Foundry. O’Buckley starts today and becomes a member of Intel’s executive leadership team reporting to CEO Pat Gelsinger. He succeeds Stuart Pann, who will retire from Intel after 35 years of service at the end of May and remain an adviser to support a seamless transition.
By Intel Corporation · Via Business Wire · May 13, 2024
Intel Reports First-Quarter 2024 Financial Results
By Intel Corporation · Via Business Wire · April 25, 2024
Intel Unleashes Enterprise AI with Gaudi 3, AI Open Systems Strategy and New Customer Wins
At the Intel Vision 2024 customer and partner conference, Intel introduced the Intel Gaudi 3 accelerator to bring performance, openness and choice to enterprise generative AI (GenAI), and unveiled a suite of new open scalable systems, next-gen products and strategic collaborations to accelerate GenAI adoption. With only 10% of enterprises successfully moving GenAI projects into production last year, Intel's latest offerings address the challenges businesses face in scaling AI initiatives.
By Intel Corporation · Via Business Wire · April 9, 2024
Intel to Report First-Quarter 2024 Financial Results
Intel Corporation today announced that it will report first-quarter 2024 financial results on Thursday, April 25, 2024, promptly after close of market. Intel will then hold an earnings conference call at 2 p.m. PDT that day to discuss the results.
By Intel Corporation · Via Business Wire · April 3, 2024
Intel Outlines Financial Framework for Foundry Business, Sets Path to Margin Expansion
Intel Corporation today outlined a new financial reporting structure that is aligned with the company’s previously announced foundry operating model for 2024 and beyond. This new structure is designed to drive increased cost discipline and higher returns by providing greater transparency, accountability and incentives across the business.
By Intel Corporation · Via Business Wire · April 2, 2024
Intel and Biden-Harris Administration Announce Preliminary Terms for up to $8.5 Billion in Direct Funding Under CHIPS and Science Act
The Biden-Harris Administration announced today that Intel and the U.S. Department of Commerce have signed a non-binding preliminary memorandum of terms (PMT) for up to $8.5 billion in direct funding to Intel for commercial semiconductor projects under the CHIPS and Science Act.
By Intel Corporation · Via Business Wire · March 20, 2024
Intel Appoints Stacy Smith to Board of Directors
Intel Corporation today announced that Stacy Smith, executive chairman of Kioxia Corporation, formerly Toshiba Memory Corporation, and chair of Autodesk Inc., was appointed to Intel’s board of directors, effective immediately. Smith will serve as an independent director and join the board’s Audit & Finance Committee.
By Intel Corporation · Via Business Wire · March 13, 2024
Media Alert: Intel at Open Confidential Computing Conference 2024
Join Intel experts for panel discussions and talks at this year’s Open Confidential Computing Conference (OC3), a virtual event on March 13. Hosted by Edgeless Systems, OC3 is the premier event for security architects, cloud-native software engineers, IT security experts, CISOs, CTOs, security researchers and developers who want to learn about confidential computing.
By Intel Corporation · Via Business Wire · March 8, 2024
Intel Corporation to Host Investor Webinar on New Segment Reporting
Intel Corporation today announced that it will hold an investor webinar at 1:30 p.m. PDT on April 2, 2024, to present the vision and financial framework for the Intel Foundry business, including the recast financials and new segment reporting structure aligned with its transition to an internal foundry model. Pat Gelsinger, Intel’s chief executive officer, and David Zinsner, executive vice president and chief financial officer, will present at the session.
By Intel Corporation · Via Business Wire · March 6, 2024