Journalism of Courage
Intel
Follow on:
Intel Corporation: A Semiconductor Giant Intel, headquartered in Santa Clara, California, is a leading American multinational technology corporation specializing in the design, manufacture, and sale of computer components. Founded in 1968 by Gordon Moore, Robert Noyce, and Arthur Rock, Intel's early...
- Company type Public
- Industry Semiconductors
- Founded July 18, 1968
- Founders Gordon Moore, Robert Noyce, Arthur Rock
- Headquarters Santa Clara, California, U.S.
- Area served Worldwide
- Key people Lip-Bu Tan (CEO), Frank D. Yeary (chairman), David Zinsner (CFO), MJ Holthaus (co-CEO - products)
- Revenue US$53.1 billion (2024)
- Net income -US$19.2 billion (2024)
- Number of employees 108,900 (2024)
- Subsidiaries Mobileye (94.2%), Intel Ireland
- Website www.intel.com
Intel history
Last Updated : 23/03/25, 08:09 AM
Intel: From Memory Chips to AI Ambitions Intel, founded in 1968 by Gordon Moore, Robert Noyce, and Arthur Rock, quickly established itself as a semiconductor pioneer. Initially focusing on memory chips, its 1103 DRAM became a global bestseller by 1972. A pivotal moment arrived in 1971 with the launc...
INTEL NEWS
IFA 2024: Intel launches Core Ultra 200V; X86 chips that surpass performance and efficiency of ARM chips for laptops
September 04, 2024 8:22 am
Intel unveils 2nd-gen AI processors: Core Ultra 200V series to power 80+ laptops with up to 3x performance boost, 20-hour battery, and enhanced AI capabilities.
Intel CEO to pitch board on plans to shed assets, cut costs
September 02, 2024 8:50 am
Intel CEO Pat Gelsinger and other executives to present plans to trim down company.
Intel rises as report of chipmaker exploring options cheers glum investors
September 01, 2024 9:46 am
Intel's shares surged over 3% on Friday following reports the chipmaker is exploring options like a merger or split, sparking investor optimism after a significant stock slump.
Moody's downgrades Intel's senior unsecured rating
August 09, 2024 9:25 am
The downgrade, coupled with a change in outlook to negative, highlighted the pressure on Intel's credit profile in the near term.
How chip giant Intel spurned OpenAI and fell behind the times
August 08, 2024 2:40 pm
Intel, the former chip giant, missed a $1 billion opportunity to invest in OpenAI in 2017-2018. The deal fell through due to doubts about the market potential of generative AI and reluctance to produce hardware at cost.
Intel shares slump 26% as turnaround struggle deepens
August 04, 2024 9:27 am
The company lost over $30 billion in market value, sparking concerns about its ability to catch up with rivals like TSMC. This decline, coupled with weak employment data, fueled worries about a U.S. economic slowdown.
Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet
August 02, 2024 7:16 am
It also forecast third-quarter revenue below market estimates, grappling with a pullback in spending on traditional data centre semiconductors and a focus on AI chips, where it lags behind rivals.
Intel plans to cut thousands of jobs to finance recovery
July 31, 2024 8:29 am
The chipmaker has struggled to keep pace with the growing demand for AI chips, despite CEO Pat Gelsinger's turnaround efforts. Analysts expect Intel's second-quarter revenue to be flat year-over-year, with a decline in the data center and AI segment.
For AI readiness, Gujarat govt, Intel Corporation sign partnership deal
July 10, 2024 2:21 am
Aim to make Gujarat a hub for innovation and investment in digital economy, said the state government
Intel CEO Pat Gelsinger finds no reason for customers to shift from x86 to ARM
June 06, 2024 5:01 pm
Intel says Lunar Lake is a compelling product, and its CEO believes an incumbent architecture must be displaced only if there are significant advantages.
