Intel has rapidly grown its custom ASIC business, exiting 2025 at a $1 billion run rate. Soaring demand for networking AI chips has driven much of the demand. This is a $100 billion market opportunity ...
Intel (NASDAQ: INTC) has been a scorching-hot stock over the past 12 months, as it has more than doubled in value during that stretch. In January, the stock hit a 52-week high of $54.60, but it's now ...
In an email to CRN, Intel says it would not be going ahead with plans to offload its Network and Edge Group, also known as NEX, after all. Intel on Wednesday revealed that it would be holding onto its ...
Intel received $5.7 billion in CHIPS Act funding as part of a deal that gives the US government a 10% stake in the struggling chipmaker, the company said. Intel finance chief David Zinsner said the ...
The Trump administration announced Friday that it had taken a 10% stake in Intel, in one of the biggest government interventions in private enterprise since the Great Recession Shares of the embattled ...
Intel has returned to profitability after six straight quarters of losses, reporting a net income of roughly $4.1 billion. The company's turnaround is supported by a deal with NVIDIA and cost-cutting ...
Chipmaker Intel said that the Trump administration's move to take an equity stake in the company could create a risk to its business in a regulatory filing. President Donald Trump announced last week ...
Intel has announced a series of senior leadership appointments aimed at advancing its core product business, scaling its foundry operations, and reinforcing engineering capabilities across the company ...
In September of 2025, Intel (NASDAQ: INTC) created a new group to handle custom chip design for external customers. The Central Engineering Group, led by a Cadence Design Systems veteran Srini Iyengar ...
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