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Source: The Verge The following note from Lip-Bu Tan was emailed to all Intel Corporation employees on April 24, 2025: Team, Today we reported our Q1 2025 results. It was a step in the right direction as we delivered revenue, gross margin and EPS (earnings per share) above our guidance, driven by Dave and Michelle’s…
Source: Live Mint Alphabet-owned Google is planning to tie up with Taiwan’s chip maker MediaTek to design and produce the next generation of its artificial intelligence (AI) chips Tensor Processing Units (TPUs), the Information reported on Monday. The AI chips are expected to be produced next year. The technology giant chose MediaTek partly because the…
Source: The Verge Intel has appointed a new CEO, three months after former CEO Pat Gelsinger was pushed out of the company. The company’s new chief executive is Lip-Bu Tan, who served as CEO of chip design hardware and services company Cadence from 2009 to 2021 and as a member of Intel’s board of directors…
Source: The Verge Intel is delaying the opening of its $28 billion Ohio chip plants yet again. In an update on Friday, Intel executive vice president Naga Chandrasekaran said the company now expects its first factory to begin operations between 2030 and 2031 – years later than its initial plan to kick off production in…
Source: The Verge The Dell XPS 13 was once the best thin-and-light Windows laptop you could get, with amazing build quality, good battery life, and decent port selection (and eventually, a serviceable webcam). But it peaked in 2020 and it’s been slipping since. It got OLED screen options that tanked the battery life. Then there…
Source: The Verge Lyft says it will launch a fleet of robotaxis, using self-driving technology from Intel’s Mobileye, in Dallas in “as soon as 2026,” with plans to scale to ”thousands” of vehicles in additional markets in the months to follow. To signal its seriousness, the company tapped Marubeni, a Japanese conglomerate, to run fleet…
Source: The Verge That doesn’t mean the company’s in great shape, exactly, as its primary businesses were all down this quarter and barely up over the full year (see table below). And if you thought its chipmaking foundries were spending too much back when they lost $7 billion in 2023, well, Intel just revealed its…
Source: Live Mint Intel Corp. shares were trading over 8 per cent on Friday, January 17, as media reports emerged that the chipmaking giant is a potential acquisition target. Intel Corp. shares were trading 8.21 per cent higher at $21.29 as of 11:38 a.m. (EST), compared to $19.67 at the previous US market close. The…
Source: Live Mint Artificial intelligence (AI) chipmaker Nvidia Corp will soon be part of Wall Street’s oldest three main equity benchmark indices, displacing no less than Silicopn Valley giant Intel, Bloomberg reported. Nvidia, which is “at heart of the artificial intelligence boom”, will replace rival Intel Corp. in the 128-year-old Dow Jones Industrial Average from…
Source: Live Mint (Bloomberg) — Intel Corp. shares surged after the chipmaker gave a revenue forecast slightly above estimates, sparking optimism that it’s capable of reclaiming some lost market share. Fourth-quarter revenue will be $13.3 billion to $14.3 billion, the Santa Clara, California-based company said in a statement on Thursday. That compares with the $13.6…
