Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor’s plans. If implemented, the new strategy for what Intel calls its “foundry” business would entail no longer marketing certain chipmaking technology, […]
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Intel’s top strategy executive, Safroadu Yeboah-Amankwah, is departing the company, the latest change since Lip-Bu Tan took the chipmaker’s helm in March, two people familiar with the matter told Reuters. Intel confirmed the departure, saying, “We are grateful for Saf’s contributions to Intel and wish him the best.” Yeboah-Amankwah, who has served as Intel’s chief […]
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Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with the matter said. Talks about the potential sale of the group, once called NEX in Intel’s financial results, are a part of […]
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Intel India introduced its 13th generation of desktop processors in India on Tuesday. The company is also confident that some of the trends seen during the pandemic — such as increase in PC gaming in the Indian market — will continue to hold ground. “Because of the pandemic, there was an increased demand for laptops […]
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Intel has announced its 13th Gen Core processors, led by the Core i9-13900K and the Core i9-13900KF. Codenamed ‘Raptor Lake’, Intel claims the latest generation of processors offers up to a 15 per cent increase in single-threaded performance and up to 41 per cent in multi-threaded performance compared to the 12th generation. If we compare […]
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Consumer revenue fell 9%, echoing weakness seen at Intel Corp. and Lenovo Group as demand weakened after a pandemic-fuelled boom Consumer revenue fell 9%, echoing weakness seen at Intel Corp. and Lenovo Group as demand weakened after a pandemic-fuelled boom Dell Technologies Inc posted its slowest revenue growth in six quarters on Thursday as a […]
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Qualcomm Inc. is taking another run at the market for server processors, according to people familiar with its plans, betting it can tap a $28 billion industry and decrease its reliance on smartphones. The company is seeking customers for a product stemming from last year’s purchase of chip startup Nuvia, according to the people, who […]
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Intel Corp said on Thursday it has started informing customers of its plan to raise prices for many of its chip products due to rising costs, a move that the company had first hinted in its first-quarter earnings call on April 28. The price increases could come into effect in autumn and the percentage increases […]
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Not just smartphones, Indian consumers are opening up wallets and choosing premium laptops, an emerging trend that hints at where the PC market is headed in the world’s second-most populous country. “The compromise era is slowly going away as Indian consumers really want bang for the buck, so they are willing to spend more for […]
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Intel Corp has frozen hiring in the division responsible for PC desktop and laptop chips, according to a memo reviewed by Reuters, as part of a series of cost-cutting measures. Intel is “pausing all hiring and placing all job requisitions on hold” in its client computing group, according to the memo sent on Wednesday. The […]
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