CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.

Intel’s foundry unit posted a $2.3B operating loss in Q1 FY 2025 despite 8% QoQ revenue growth to $4.7B. Click here to find ...

Intel shareholders approved a stock reserve plan to attract talent and a $42 million stock award for CEO Lip-Bu Tan, ...

Bloomberg reports that Samsung foundries have the capacity to make 20 million SOCs for Nintendo's Switch 2 console by March 2026.

At a recent investor conference, Intel Chief Financial Officer David Zinsner stated that he expects the company's foundry ...

Recent developments at Intel Corporation (NASDAQ: INTC) suggest a quickening pace in its strategic overhaul under new CEO Lip ...

A deal for the NEX businesses could raise billions of dollars in cash for Intel, bolstering the balance sheet and freeing up ...

Intel is working on revamping its foundry business, Intel Foundry, by purchasing advanced machinery to manufacture ...