Intel

AI powerhouse Nvidia has announced a $5 billion investment in Intel, marking a strategic partnership aimed at accelerating advancements in artificial intelligence and personal computing. Intel shares have surged almost 24 percent at market open in response.

On Wednesday’s broadcast of “CNN News Central,” Rep. Carlos Gimenez (R-FL) stated that the government getting a 10% stake in Intel is like “when the government took over Chrysler…In the crisis back in ’08, ’09, because they were going to

On Monday’s broadcast of the Fox Business Network’s “Varney & Co.,” former Trump Economic Adviser Stephen Moore dismissed claims that the government won’t end up controlling Intel’s business practices under the 10% ownership stake the federal government received, saying, “whoever

On Monday’s broadcast of the Fox News Channel’s “Ingraham Angle,” Secretary of Commerce Howard Lutnick stated that the Trump administration wants to reach arrangements with universities on research that they do with taxpayer dollars and the patents they get from

On Friday’s broadcast of the Fox News Channel’s “Special Report,” Fox Business Network host Charles Payne discussed the government taking a 10% stake in Intel and said that because of how complex and powerful computer chips are, “we want to

On Friday’s broadcast of NewsNation’s “The Hill,” Rep. Ron Estes (R-KS) said that getting a 10% stake in Intel “is an interesting way” to get return on investment, and “I don’t want the federal government owning and controlling businesses. That’s

President Donald Trump on Friday said that United States government would take a ten percent stake in Intel as part of a deal.

The Trump administration continues to explore taking an equity stake in chipmaker Intel, with the latest reports putting the potential ownership position at 10 percent. This could make the U.S. government the company’s largest shareholder. At the same time, Japanese investment powerhouse SoftBank is pumping $2 billion into the chipmaker.

The Trump administration is reportedly in discussions to buy a stake in beleaguered chipmaker Intel to help shore up the company’s delayed factory project in Ohio, according to people familiar with the plan.

President Donald Trump has changed his position on Intel CEO Lip-Bu Tan following a meeting between the two at the White House.

Intel CEO Lip-Bu Tan has responded to President Donald Trump calling on him to resign over his alleged conflicts of interest due to his ties to the Chinese Communist Party. “I have always operated within the highest legal and ethical standards,” Tan said.

President Donald Trump has called on Intel CEO Lip-Bu Tan to resign because of his past ties to China, the latest challenge to hit the troubled chip maker.

Intel is set to reduce its global workforce by more than 24,000 employees by the end of 2025, marking one of the company’s most significant restructurings in recent years.

Intel has announced plans to wind down its automotive business, leading to layoffs for most employees in that segment. The embattled tech giant recently announced a massive layoff of factory employees — and isn’t out of the woods yet.

Intel reportedly plans to lay off up to twenty percect of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses.

Intel is reportedly on the verge of announcing layoffs that will cut more than 20 percent of staff in the chipmaker’s first major move under its new CEO, Lip-Bu Tan.

The Investigation Bureau of Taiwan’s Department of Justice (MIJB) on Friday published a report that accused China of creating fake companies to hire top technology experts who would never have willingly worked for the Communist tyranny.

Intel’s board of directors has forced out CEO Pat Gelsinger due to frustrations over the slow pace of the company’s turnaround efforts.

The Biden-Harris administration on Sunday said it plans to cut its grant to Intel, dealing a blow to the Democrats’ industrial policy vision.

Silicon Valley is experiencing another round of significant job cuts as major companies announce layoffs in response to economic pressures and shifting industry priorities.

Despite heavy investments in artificial intelligence infrastructure, Amazon, Microsoft, and Google failed to meet Wall Street’s expectations for translating AI spending into significant sales growth.

Intel, the world’s largest chipmaker, has unveiled a sweeping $10 billion cost savings plan that includes cutting over 15,000 jobs, representing approximately 15 percent of its global workforce. Meanwhile, the administration is set to hand over $8.5 billion as part of the CHIPS act designed to create high tech jobs.

During an interview with PBS’s “Firing Line” that took place on May 1 and was released on Friday, Washington Post columnist and CNN host Fareed Zakaria stated that the way we’re subsidizing chip companies to manufacture in the U.S. isn’t effective because

Intel will reportedly be awarded as much as $8.5 billion in federal grants related to the CHIPS Act, with up to $11 billion more in potential loans available. The funds are expected to be used for manufacturing and research facilities in Arizona, New Mexico, Ohio, and Oregon.

The Pentagon’s surprise decision to withdraw $2.5 billion in funding for Intel’s semiconductor manufacturing plans has created a significant shortfall in the company’s expected incentives under the CHIPS Act.

U.S. chipmaker Intel on Saturday announced the launch of its Greater Bay Area Innovation Center in the Chinese tech hub of Shenzhen.

Microsoft seems to be preparing for the next iteration of the Windows operating system, which will have a strong focus on AI, according to the Verge. While the next version, Windows 12, has not been announced yet, Intel is reportedly planning for the next generation CPUs that will support the new operating system.

There has been a new twist in an ongoing, multibillion-dollar patent battle between Intel and semiconductor patent holder VLSI , with anonymous allegations being mailed to the House Oversight Committee regarding Intel’s interactions with the Patent Trial Appeals Board (PTAB).

Chip giant Intel is reportedly planning to scrap thousands of jobs, likely in an attempt to cut fixed costs and deal with a slowdown in the computer market, Bloomberg reports.

Intel is searching for cost-saving alternatives following a rough second quarter. The chip giant’s CEO Pat Gelsinger told investors last week that he has exited six businesses since taking over as CEO in 2021, and that the company has recently exited its drone business. 

The U.S. government should help make high-tech careers attractive and exciting for young Americans, not just import foreign experts, says Pat Gelsinger, the new CEO of Intel Corp., which was once the world’s leading designer and builder of computer chips.

Intel has delayed the groundbreaking ceremony for its new Ohio plant referred to by the company’s CEO as the start of a “Silicon Heartland” due to worries over a proposed law designed to support U.S. semiconductor production.

Senate Commerce Subcommittee on Consumer Protection Chairman Richard Blumenthal (D-CT) voted for legislation that gave Intel billions in subsidies shortly after his family purchased over $250,000 worth of the company’s stock. 

Intel announced it intends to create a “leading-edge semiconductor fab mega-site in Germany” to move supply chains back to the West.

President Joe Biden is loudly promising a new era of high-tech jobs for Americans in the heartland states, but he is quietly backing legislation and regulations that would allow CEOs to fill those jobs with foreign workers.

President Joe Biden spent a significant amount of time during Tuesday’s State of the Union address discussing the ongoing Russian military assault on Ukraine, mentioning Russian strongman Vladimir Putin 12 times and urging struggling Americans to “draw inspiration from the iron will of the Ukrainian people.”