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The Intel logo is displayed on a sign in front of Intel headquarters on July 16, 2025 in Santa Clara, California. Justin Sullivan | Getty Images Intel was on track for a ninth-straight day of gains on Monday, up about 56% over that stretch and on track for its best run over that many days […]
Intel shares jumped 10% on Wednesday after the U.S chipmaker announced it would repurchase the 49% equity interest it did not own in its Fab 34 chip facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake in its Ireland manufacturing facility to buyout firm Apollo Global Management in 2024 for $11.2 […]
Embattled Intel CEO Lip-Bu Tan pushed back on “misinformation” over his alleged financial ties to China after President Trump called on him to resign over a potential conflict of interest. “I want to be absolutely clear: Over 40+ years in the industry, I’ve built relationships around the world and across our diverse ecosystem – and […]
Intel’s CEO Lip-Bu Tan speaks at the company’s Annual Manufacturing Technology Conference in San Jose, California, U.S. April 29, 2025. Laure Andrillon | Reuters Intel shares were under pressure Thursday after President Donald Trump called for the chipmaker’s CEO to resign immediately. In a Truth Social post, Trump said Intel Chief Executive Lip-Bu Tan “is […]
A top Republican senator demanded new Intel CEO Lip-Bu Tan reveal if he has any ties to China’s Communist Party and military – citing national security concerns. In a letter sent Wednesday to Intel Chairman Frank Leary, Sen. Tom Cotton (R-Ark.) wrote that he is concerned “about the security and integrity of Intel’s operations and […]
Struggling chipmaker Intel on Wednesday named former board member Lip-Bu Tan as its CEO effective March 18, more than three months after the it ousted company veteran Pat Gelsinger. Tan, a longtime technology investor with more than 20 years of industry experience, has long been seen as a CEO contender. He was approached by Intel’s board […]
Intel shares rallied 12% on Tuesday following a Wall Street Journal report that both Broadcom and Taiwan Semiconductor Manufacturing are potentially weighing bids that could result in splitting the embattled chipmaker. The stock was on pace for its best day since March 2020. The Wall Street Journal reported that Broadcom may consider a play for […]
Intel rivals Taiwan Semiconductor Manufacturing Co. and Broadcom are each eyeing potential deals that would break the US chipmaking icon in two, the Wall Street Journal reported Saturday, citing people familiar with the matter. Broadcom has been closely examining Intel’s chip design and marketing business, the Journal reported, adding that the company had discussed a […]
Intel, a fallen Silicon Valley icon trying to restore its reputation as America’s most prominent semiconductor company, is working with the Trump administration on a plan to turn over the operation of its chip-making plants to a giant Taiwanese rival. Over the past few months, Frank Yeary, the interim executive chairman of Intel, has spoken […]
Hock Tan, CEO of Broadcom (L) and former CEO of Intel, Pat Gelsinger. Reuters | CNBC It was a big year for silicon in Silicon Valley — but a brutal one for the company most responsible for the area’s moniker. Intel, the 56-year-old chipmaker co-founded by industry pioneers Gordon Moore and Robert Noyce and legendary […]
