Nvidia has announced it will invest $5-billion in Intel, throwing its heft behind the struggling US chip company.
Browsing: Intel
Intel has announced a series of top executive changes amid efforts to turn around the struggling US chip maker.
US President Donald Trump said he wants to make more investments in healthy US companies on Monday. Whether corporate America is on board is another story.
Analysts doubt the intervention solves Intel’s fundamental issues with clients, profitability and yields.
US President Donald Trump said on Friday that the US would take a 10% stake in struggling chip maker Intel.
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.