US President Donald Trump said on Friday that the US would take a 10% stake in struggling chip maker Intel.
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Global share markets came under pressure on Wednesday after a tech-led selloff on Wall Street.
The US government is reportedly in discussions about taking a stake in the struggling chip maker.
Intel CEO Lip-Bu Tan is already facing an uphill battle in turning around the ailing chip maker.
US President Donald Trump called for the immediate resignation of Intel’s new CEO, Lip-Bu Tan.
The production process that Intel hoped would pave the way to winning manufacturing deals is facing a big hurdle.
Intel is going to end the year with a workforce that is over a fifth smaller than last year.
South African enterprises are rapidly integrating generative AI into their operations, but most are doing so without formal strategies, a new study has found.
This is the fourth episode of a new podcast series curated by TechCentral’s editorial team and generated using AI.
Intel’s new CEO, Lip-Bu Tan, is considering a potentially expensive shift from his predecessor’s strategic plans.