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Network World1d
Intel eyes exit from NEX unit as focus shifts to core chip business
CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.
Intel's Make-Or-Break Moment Is Here
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's new CEO Lip-Bu Tan rejects three proposals from shareholders at first AGM, including one on Israel
Intel shareholders approved a stock reserve plan to attract talent and a $42 million stock award for CEO Lip-Bu Tan, ...
Gameranx2d
Rumor: Samsung Has The Capacity To Make 20 Million SOCs For The Switch 2 By March 2026
Bloomberg reports that Samsung foundries have the capacity to make 20 million SOCs for Nintendo's Switch 2 console by March 2026.
Intel Could Sell Another Major Business in Turnaround Bid
A deal for the NEX businesses could raise billions of dollars in cash for Intel, bolstering the balance sheet and freeing up ...
MarketBeat on MSN1d
Intel Refocuses: NEX Sale and Foundry Pivot Signal New Era
Recent developments at Intel Corporation (NASDAQ: INTC) suggest a quickening pace in its strategic overhaul under new CEO Lip ...
ExtremeTech6d
Intel Foundry Waits for More, Bigger Orders
Intel finance head David Zinser noted that Intel Foundry needs customers to place orders amounting to billions of dollars to meet the company’s expectations for the Foundry breaking even in 2027.