Pat Gelsinger

Intel CEO confident in its AI future after posting soft guidance

Business
Jessica Roberts

After several steps forward with investors, it’s a few steps back for Intel (INTC). Shares of the chipmaker fell 8% on Friday, ...

Intel Factory Losses Widen as Company Plots Costly Comeback

Business
Jessica Roberts

(Bloomberg) — Intel Corp., revealing new details about its manufacturing operations, said that losses have deepened at the chipmaker’s factory network and ...

CEOs of OpenAI and Intel cite artificial intelligence’s voracious appetite for processing power

Business
Jessica Roberts

SAN JOSE, Calif. (AP) — Two tech CEOs scrambling to produce more of the sophisticated chips needed for artificial intelligence met for ...

Intel sinks after first quarter outlook disappoints

Business
Jessica Roberts

Intel (INTC) stock fell more than 10% in premarket trade on Friday after the chipmaker reported fourth quarter results that topped estimates ...

Intel Plunges After Bleak Forecast Casts Doubt on Comeback Bid

Business
Jessica Roberts

(Bloomberg) — Intel Corp. tumbled in late trading after delivering a disappointing forecast on Thursday, renewing doubts about a long-promised turnaround at ...

One-Third of My Portfolio Is in These 3 Stocks

Business
Jessica Roberts

When it comes to diversification, I find myself agreeing with the late Charlie Munger. “The whole secret of investment is to find ...

Why Intel’s stock has nearly tripled S&P 500’s gain in December

Business
Jessica Roberts

Seen as an also-ran chip player throughout 2022 and the first half of 2023, Intel (INTC) has suddenly programmed itself back into ...