The lawsuit alleges that Intel fraudulently concealed problems that led it to post weak results and suspend its dividend.
Browsing: Pat Gelsinger
For US chip giant Intel, the darling of the computer age before it fell on hard times, things might have been quite different.
Intel is in the process of receiving the second of ASML’s new €350-million “High NA” EUV tools, CEO Pat Gelsinger said.
Intel shares slumped 20% in extended trade after it announced sweeping job cuts and a suspension of its dividend.
Intel plans to eliminate thousands of jobs to reduce costs and fund an ambitious turnaround effort.
Jensen Huang wasn’t on the official Computex 2024 programme in Taipei this week, but he didn’t need to be.
Pat Gelsinger has fired back at a claim that traditional processors like Intel’s are running out of steam in the AI era.
The tech industry favours technically grounded leaders. Now rapid digitisation is forcing other sectors to follow suit.
Intel forecast second-quarter revenue and profit below market estimates, sending its shares tumbling.
Intel has become the first company to assemble one of ASML’s new “High NA EUV” lithography machines.