Intel
Intel Secures €10 Billion Subsidy from German Government for Semiconductor Plant in Magdeburg
June 19, 2023 – In a significant development, Intel has reached an agreement with the German government, as reported by Bloomberg, to receive a subsidy of €10 billion (approximately ¥78 billion or $9.13 billion) for the construction of a semiconductor manufacturing plant in Magdeburg, eastern Germany. According to anonymous insiders, German Chancellor Olaf Scholz and…
Intel Secures Major Contract to Develop 2000W CPU Coolers for the U.S. Department of Energy
June 16, 2023 – Intel Unveils Groundbreaking Immersive Cooling Technology, Securing the U.S. Department of Energy as Its Primary Client In a groundbreaking announcement today, Intel revealed its latest achievement in the realm of immersive cooling technology, along with its newly secured major client, the U.S. Department of Energy. Intel has received a significant initial…
Intel’s Sapphire Rapids Xeon CPU vs AMD EPYC Genoa: A Performance Showdown
June 13, 2023 – The day before AMD’s highly anticipated press conference, Intel took the opportunity to share a press release comparing its latest Sapphire Rapids Xeon CPU with AMD’s EPYC Genoa. In this press release, Intel highlighted their own performance metrics, presenting a contrasting view of the two processors in terms of AI benchmarking,…
Intel Corporation Announces Strategic Divestment of Mobileye Shares
June 6, 2023 – In a significant development, Intel Corporation has made a strategic move by divesting 35 million Class A shares of Mobileye, a renowned Israeli autonomous driving technology company. With a total value of approximately $1.5 billion (equivalent to around 10.65 billion Chinese yuan at current rates), this decision has resulted in a…
Empowering Enterprise Efficiency: Intel and BCG Unveil AI-Powered Office Productivity Tool
May 11, 2023 – In the bustling world of enterprise technology, Intel and Boston Consulting Group (BCG) have joined forces to unveil a groundbreaking office productivity tool that harnesses the power of generative AI. Behind this innovative tool lies the cutting-edge technology, such as ChatGPT, which leverages the ability of AI to craft human-like responses…
Intel Investigates MSI Product Data Leak Following Ransomware Attack
May 09, 2023 – Intel is currently investigating the recent leak of MSI product information and taking appropriate measures to protect users from potential threats. The leak occurred after the Money Message ransomware group attacked MSI, stealing 1.5TB of data, including firmware, source code, and databases. The group then demanded $4 million as ransom from…
Intel’s 2022 Q4: A Disappointing Turnaround with a $700 Million Net Loss
Intel announced its fourth quarter financial results for 2022. The company reported a net loss of $700 million, a significant reversal from the previous year’s profit of $3.4 billion. The loss was attributed to a number of factors, including increased competition and a slowdown in the personal computer market. One of the biggest reasons for…