Intel Puts a Happy Face on Its Worst Quarterly Loss Ever

April 27, 2023

Intel posted its worst quarterly loss in history on Thursday, but the chipmaker took a bold move to put a positive spin on the grim news. “We delivered solid first-quarter results, representing steady progress with our transformation,” said Pat Gelsinger, Intel's CEO, in a press release. Read more…

Intel Invests €33B in Europe, Announces ‘Silicon Junction’ Megasite

March 16, 2022

Intel has announced that it is making an “initial” €33 billion (~$36 billion) investment across the semiconductor value chain in Europe. The investment — which spans R&D, manufacturing and packaging — comes at a time when sovereignty is, more than ever, a headline priority for the continent. What was announced? A “Silicon Junction” in Germany with two new fabs... Read more…

Pat Gelsinger Returns to Intel as CEO

January 14, 2021

The Intel board of directors has appointed a new CEO. Intel alum Pat Gelsinger is leaving his post as CEO of VMware to rejoin the company that he parted ways with 11 years ago. Gelsinger will succeed Bob Swan, who will remain CEO until Feb. 15. Gelsinger previously spent 30 years... Read more…

Intel Shakeup Gives EMC a Longtime Chip Exec

September 14, 2009

Intel exec Pat Gelsinger heads to storage giant. Read more…

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