Qualcomm has in recent days approached Intel to explore a potential acquisition of the troubled chip maker.
Browsing: Intel
Intel CEO Pat Gelsinger has landed Amazon Web Services as a customer for the company’s manufacturing business.
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Intel was one of the first two technology companies to join the Dow Jones Industrial Average during the dot-com boom.
Shares of Nvidia tumbled on Tuesday in the deepest-ever single-day decline in market value for a US company.
Intel CEO Pat Gelsinger and key executives are expected to present a plan later this month to the company’s board.
Intel is working with investment bankers to help navigate the most difficult period in its 56-year history.
Intel, which is cutting thousands of jobs, recently sold its stake in British chip firm ARM Holdings.
Cisco will cut thousands of jobs in a second round of layoffs this year, people familiar with the matter said.