Intel

Intel Corporation has reported flat revenue for the first quarter of 2025, prompting the tech giant to unveil a sweeping $17.5 billion cost-cutting initiative aimed at streamlining operations and setting the stage for sustainable growth. According to its Q1 financial report released Thursday night, Intel posted revenue of $12.7 billion (N20.44 trillion), mirroring the figure

Image: Intel Intel said Tuesday that the company’s Arizona fab has run the first lots of the company’s Intel 18A wafers, the manufacturing technology powering its Panther Lake chips, while announcing a high-performance derivative process. Intel also offered a sneak peek at its 14A process, the next-generation manufacturing technology, which will include “turbo cells” for

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TLDR New CEO Lip-Bu Tan acknowledges Intel has “fallen behind on innovation” and recovery “won’t happen overnight” Intel plans to spin off non-core businesses to focus on core operations Tan emphasizes rebuilding engineering strength and recruiting top talent Intel stock declined nearly 3% following Tan’s cautious comments Commerce Secretary Howard Lutnick suggested withholding additional funds

Eight out of the top ten semiconductor vendors recorded healthy revenue growth last year, fueled by burgeoning GPU and AI processor sales to datacenter customers. Intel and Infineon were the notable exceptions. This is according to Gartner's estimations for the worldwide semiconductor market, which adds more weight to the sense that 2024 was an annus

The first phase of the facility, known as Mod 1, should be finished in 2030, with chip production beginning between 2030 and 2031. The company's revised timeline also affects the project's second phase, Mod 2, pushing it back to a 2031 completion date, with operations beginning in 2032.Read Entire Article...

Serving tech enthusiasts for over 25 years. TechSpot means tech analysis and advice you can trust. In a nutshell: Intel's decision to maintain a multi-foundry approach reflects the practical necessities of collaborating with external suppliers. While the company remains committed to achieving fabrication self-sufficiency one day, this goal is now balanced against product competitiveness and time-to-market considerations.

De’Aaron Fox has supplanted Jimmy Butler as the top available trade target on the market a week before the NBA trade deadline, which could lead to a domino effect across the league. Amid Fox’s newfound availability on the trade market, HoopsHype has gathered the latest intel on some of the top teams interested in his