Intel CEO Pat Gelsinger has sent another internal memo to employees six weeks after the previous one. The theme this time is ...

The most significant transformation of Intel in over four decades” includes $10 billion in cost cutting and foundry business ...

Intel CEO Pat Gelsinger has unveiled the company's first major transformation strategy in over four decades, including the ...

The former King of semis has attempted to calm investors' nerves, as CEO Pat Gelsinger clarified its roadmap in a ... a ...

Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom ...

Intel CEO Pat Gelsinger informed employees that the company is transforming its foundry arm into an independent subsidiary, ...

Intel's foundry business will become an independent subsidiary, allowing it to take funding from external sources directly.

We have tripled our deal pipeline since the beginning of the year,” CEO Pat Gelsinger said of Intel Foundry’s business in a ...

Amazon's AWS cloud computing division already designs several chips for use in its data centers and has hired Intel to ...

Intel Pat Gelsinger said the company plans to make its foundry business independent and delay European construction projects, ...

Intel has reorganized its foundry business into a separate subsidiary, Intel Foundry, to attract outside investment and ...

It's also building and expanding a contract chip-foundry business tied to investments from President Joe Biden's Chips Act ...