Intel
Intel’s Historic Move: Selecting a Chinese-American CEO for the First Time in 57 Years
March 13, 2025 – Intel Appoints Lip-Bu Tan as Its First Chinese-American CEO After a three-month search, Intel has finally named Lip-Bu Tan as its new CEO, effective March 18th. This marks a historic moment for the 57-year-old tech giant, as Tan becomes Intel’s first-ever Chinese-American CEO. Notably, all four major US chip companies are…
Intel Shares Surge 9.25% on Rumors of a Potential Acquisition
January 18, 2025 – Rumors have been swirling in the industry about a possible acquisition of Intel ever since the company showed signs of weakness last year. On Friday, technology media outlet SemiAccurate reported that multiple sources had confirmed a mysterious company was exploring the possibility of a full acquisition of Intel. This news sent…
Intel’s Lunar Lake Hits Major Milestone with Over 1.5 Million Processors Shipped
January 7, 2025 – At the Intel CES 2025 keynote, Interim Co-CEO of Intel, Michelle Johnston, revealed that shipments of the Lunar Lake processor have surpassed 1.5 million units. According to Johnston, “Lunar Lake stands as Intel’s most energy-efficient processor ever.” The Intel Ultra 200V “Lunar Lake” processor, launched in September of last year, boasts…
Intel Executives Discuss Potential Spin-off of Foundry Services as Separate Subsidiary
December 13, 2024 – At the recent Barclays 22nd Global Technology Conference, co-CEOs of Intel, Michelle Johnston Holthaus and David Zinsner, acknowledged that the company still has a considerable journey ahead in terms of product enhancement and restoring customer confidence. During the conference, Holthaus stated, “When selecting Intel products, we prioritize which manufacturing partner best…
Intel Should Prioritize AI Over Foundry Services Transition, Says TSMC Founder
December 10, 2024 – At a recent event for the launch of his autobiography, TSMC founder Zhang Zhongmou expressed his views on Intel’s current situation, stating that the company should have focused on artificial intelligence rather than attempting to transition into a chip foundry role. According to Reuters, Zhang, who is also known as Morris…
Intel to Unveil ‘AI Inside for a New Era’ at CES 2025
December 6, 2024 – Intel announced its participation in the upcoming CES 2025, revealing plans to host a keynote address on Monday, January 6, 2025, at 8:30 a.m. Pacific Standard Time. According to the official press release from Intel, the theme of the keynote will be “AI Inside for a New Era,” which will focus…
Intel Considers Former Board Member Lip-Bu Tan Among Potential CEO Candidates
December 4, 2024 – Following the announcement of CEO Pat Gelsinger’s retirement, Intel has initiated a review of several external candidates, including former board member Lip-Bu Tan, for the top job, according to sources familiar with the matter. The discussions regarding the new CEO are still in their early stages, and no candidate has been…
Intel CEO Visits Musk’s xAI Datacenter, Highlights Xeon CPU’s Role
November 30, 2024 – Following his visit to Elon Musk’s Memphis Supercomputing Center, Intel CEO Pat Gelsinger expressed his admiration for the xAI team and promoted the company’s Xeon CPUs. In a post on social media, Gelsinger revealed that xAI had chosen Intel Xeon processors for its head nodes, which are responsible for managing resource…
US Government Cuts Intel’s Subsidy: Dropping from 8.5BilliontoBelow8 Billion
November 25, 2024 – According to informed sources cited by The New York Times, the Biden administration in the United States is planning to reduce the initial 8.5billionallocationfromtheChipsandScienceActgrantedtoIntelCorporation.Thefundingamount,whichwasannouncedearlierthisyear,isexpectedtobecuttobelow8 billion. This change in conditions takes into account a $3 billion contract obtained by Intel to produce chips for the U.S. military. The U.S. government’s decision to…
Chip Industry Shakeup: Apple, Samsung, and Qualcomm in Bidding War for Intel
November 02, 2024 – Reports indicate that in the race to acquire Intel, not only is Qualcomm deeply interested, but Apple and Samsung are also throwing their hats into the ring. For Qualcomm, which is currently embroiled in a dispute with Arm, the prospect of owning x86 IP is particularly enticing. Meanwhile, Apple, which already…