Intel Stock News

Intel (NASDAQ:INTC) has been fully committed to transforming itself into a global foundry leader, especially as the competition for next-generation 2-nanometer (nm) chips intensifies with its 18A process at the heart of its strategy. Over the last four years, the company has poured more than $90 billion into capital expenditures aimed at expanding its foundry operations and narrowing the gap wi...

Semiconductor giant Intel (INTC 3.34%) slashed its dividend in 2023 and then pulled the plug completely in 2024 amid chronic struggles and weak financial performance. The initial dividend cut helped the company preserve cash as it plowed capital into its manufacturing operations, while the dividend suspension was coupled with significant layoffs and came a few months before former CEO Pat Gelsi...

The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company's manufacturing division.

Intel Corp. (INTC) announced new additions to its leadership group in order to turn around its slide and stage a comeback in the AI chip offerings. Intel shares have surged over 3% after the announcements.

Intel hired three chip industry executives in engineering and networking roles on Wednesday, as part of CEO Lip-Bu Tan's plans to overhaul top management and turn around the embattled chipmaker.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corp. sales and engineering leadership appointments align with focus on delivering for customers and becoming an engineering-focused company.

Intel has undergone major changes in recent months. New CEO Lip-Bu Tan is cutting costs aggressively as the company prepares for the ramp of its upcoming 18A process node. Despite near-term uncertainty, INTC's valuation remains attractive, with significant upside if 18A delivers as planned.

Intel Corporation is painfully losing market share to Advanced Micro Devices, with the latter looking to take 40% share this year. We think Intel's share loss to AMD is temporary and should reverse next year with 18A and new product line up more so after Nova Lake spec leaks. Management is laser-focused on restoring gross margins above 50% and is aggressively cutting costs through layoffs and p...