Intel (NASDAQ:INTC) CEO Lip-Bu Tan announced that the company will be working to develop its own AI chips, in an earnings call on Friday. "This is not a quick fix," Tan said on the call. He continued ...
If there is one overarching theme from Intel's (NASDAQ:INTC) latest results and guidance, it's that there is no quick solution to fix the semiconductor giant, Wall Street analysts said. Shares fell ...
Intel Corp.’s stock recently rode a wave of enthusiasm around potential deals or partnerships that could make its turnaround less onerous. But in the last few weeks, chief executives from two ...
Intel's Foundry business will remain an independent subsidiary, not spun off, raising questions about management's strategy and investor confidence. FY 2024 results showed revenue down 2%, shrinking ...
Intel announced plans to develop its own AI chips on an earnings call Friday The company's previous strategy has been to acquire AI startups that have already developed their own chips Analysts remain ...
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