Intel Corp. is in advanced talks to acquire artificial intelligence chip startup SambaNova Systems Inc. for about $1.6 billion including debt, according to people familiar with the matter.
A potential acquisition is expected to give Intel ( INTC) a much sought-after platform to help build out its AI portfolio at ...
Market participants are increasingly focused on Intel (NASDAQ:INTC) as the chipmaker is said to be in advanced discussions to ...
Intel has announced it is cutting more than 15,000 jobs as part of a $10bn cost-saving plan after the company reported a net loss of $1.6 billion for Q2 2024. The plan also involves reducing R&D and ...
As first reported by Nikkei Asia, Intel has recently announced its intention to enter cutting-edge chip production at the 1.4-nanometer level. This is a significant move for Intel, as it seeks to ...
Intel's latest results are a clear indication that the company is failing to make the most of the lucrative growth opportunities created by AI. Rival AMD has been eating Intel's lunch. Intel's ...
In a recent interview, Intel CEO Pat Gelsinger didn't mince words when speaking about the importance of the upcoming Intel 18A process node, which Microsoft and other foundry customers will use, ...
Intel Corp. is paying Silicon Valley rival Advanced Micro Devices Inc. $1.25 billion to squash a legal battle over Intel's sales tactics, a rift that led to antitrust charges against Intel in several ...
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