Then on Thursday, CC Wei, the CEO of Intel's (INTC) biggest rival in chip manufacturing, Taiwan Semiconductor Manufacturing Co. (TW:2330), said on that company's earnings call that he is not engaged ...

Intel Corporation's turnaround gains traction with solid Q4 results, strategic moves, and AI opportunity, giving a potential ...

While Altera accounted for only a fraction of that, with an operating loss of $615 million in 2024 on revenues of $1.54 ...

Intel, Core BTS, Salesforce, Verizon, ServiceNow, Cisco and Cyderes were among the tech companies making key executive hires ...

Intel Corporation today announced that it has entered into a definitive agreement to sell 51% of its Altera business to Silver Lake, a global leader in technology investing.

And we also cannot rule out AMD (AMD) as it seeks to gain its place in the AI value chain, while Intel’s (INTC) takes another stab at its resurgence under CEO Lip-Bu Tan’s leadership.

“Today’s announcement reflects our commitment to sharpening our focus, lowering our expense structure and strengthening our balance sheet,” said Intel CEO Lip-Bu Tan in a statement.

Cadence Design Systems (CDNS) ended the recent trading session at $260.56, demonstrating a +0.42% swing from the preceding day's closing price. The stock lagged the S&P 500's daily gain of 0.79%.