Pat Gelsinger

Intel Corporation (NASDAQ:INTC) has disclosed a significant increase in operating losses for its foundry business, a development that has caused a dip in the company’s shares. What Happened: Intel revealed on Tuesday that its manufacturing unit suffered $7 billion in operating losses for 2023...

Intel Corporation (NASDAQ:INTC) and Microsoft Corporation (NASDAQ:MSFT) announced that Microsoft will be using Intel's 18A process to manufacture its own chip design. The Details:  The announcement was made Wednesday at Intel Foundry Direct Connect by Microsoft CEO Satya Nadella.  “...

Chipmaker Intel Corporation (NASDAQ:INTC) reported fourth quarter financial results after market close Thursday. Here are the key highlights. What Happened: Intel reported fourth-quarter revenue of $15.4 billion, which was up 10% year-over-year. The revenue total came in ahead of a Street consensus...

The escalating competition for chip supremacy demands a concerted effort from industry and government, warns Intel (NASDAQ:INTC) CEO Pat Gelsinger. He emphasizes the critical role of technology supply chains in shaping geopolitical dynamics. According to Barron’s report,...

Semiconductor company Intel Corp (NASDAQ: INTC) reported second-quarter financial results after the market close Thursday. Here are the key highlights. What Happened: Intel reported second-quarter revenue of $12.9 billion, which was down 15% year-over-year. The revenue came in ahead of a Street...

Chipmaker Intel Corporation (NASDAQ: INTC) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Intel reported first-quarter revenue of $11.7 billion, which was down 36% year-over-year. The revenue total beat a Street consensus estimate...

Intel Corp (NASDAQ: INTC) shares are volatile Wednesday morning after the chipmaker updated its long-term strategy, reiterated its forward guidance and cut its dividend. What Happened: Intel reaffirmed its first-quarter revenue guidance of $10.5 billion to $11.5 billion. The company also said...

Semiconductor company Intel Corporation (NASDAQ: INTC) reported third-quarter (Q3) financial results after the market close Thursday. Here are the key highlights. What Happened: The Santa Clara, California-based company's Q3 revenue was $15.3 billion. That's down 20% year-over-year. The...

The PC slowdown is beginning to bite chipmakers. Intel Corporation (NASDAQ: INTC) is reportedly eyeing massive job cuts to tide over the current malaise. What Happened: Intel plans to announce a major headcount reduction, running into thousands, as early as this month, reported Bloomberg...

Intel Corp's (NASDAQ: INTC) Innovation 2022 event kicked off Tuesday morning when CEO Pat Gelsinger outlined his vision for the company's future and announced a flurry of new product updates. "Technology is increasingly central to every aspect of human existence,...

Intel Corporation (NASDAQ: INTC) will host the developer-focused Innovation 2022 event on Sept. 27 and 28. The event, which will take place in San Jose, California, could coincide with the launch of 13th Gen Core Raptor Lake CPUs and possibly more news regarding Arc graphics cards. The...

Chipmaker Intel Corporation (NASDAQ: INTC) is seeing shares drop in the after-hours session Thursday after reporting second-quarter results after the market close. Here are the key highlights for investors. What Happened: Intel reported second-quarter revenue of $15.3 billion, down 22% year-...

After predicting the global chip shortage would last until 2023, Intel Corporation (NASDAQ: INTC) CEO Pat Gelsinger is now suggesting the shortage could last until at least 2024.  Gelsinger thinks that the industry can meet the demand for new products being built on new lines,...

NVIDIA Corp (NASDAQ: NVDA) shares are trading higher Thursday following several reports the company is interested in using Intel Corp (NASDAQ: INTC) for chip manufacturing. "They're interested in us using their foundries. We're very interested in exploring it," Nvidia CEO Jensen...

Intel Corp (NASDAQ: INTC) shares are trading higher Thursday following several reports the company is in talks with NVIDIA Corp (NASDAQ: NVDA) to assist with chip manufacturing. Intel CEO Pat Gelsinger confirmed the company is in discussions with Nvidia, according to a...