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(Reuters) -Intel said on Wednesday its sales would take a hit after the U.S. revoked some of the chipmaker's export licenses for a customer in China, in a move Beijing complained was going too far ...
However, Bloomberg reports that Intel is not looking to sell the business division. Intel stock plunged 31% as it failed to capitalize on the artificial intelligence shift, which is something that ...
Going back further, the company's stock is down 69% since a recent peak in April 2021. ... Perhaps a deal could be structured where Qualcomm buys Intel's design business, ...
Pat Gelsinger took the reins as Intel CEO three years ago with hopes of reviving the American industrial icon. Intel had a sweet deal going with Taiwan’s TSMC, the giant manufacturer of ...
That means Intel can’t simply cut its foundry business loose and go fabless if it wants to hold on to that CHIPS money. But moving forward with the foundry model could be difficult.
Image source: Getty Images. Intel's retreat continues. Intel's removal from the Dow doesn't really impact the business, but it will lead exchange-traded funds (ETFs) that track the Dow to sell the ...
Intel Corporation, an American multinational corporation and technology company headquartered in Santa Clara, California, is the world's largest semiconductor chip manufacturer by revenue. [ 1 ] [ 2 ] Since its inception, the company has acquired dozens of companies across the global technology industry, with seven multi-billion-dollar ...
Intel said on Wednesday its deal for $7.86 billion in U.S. government subsidies restricts the company's ability to sell stakes in its chipmaking unit if it becomes an independent entity. The U.S ...
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