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Intel Corp News

Samsung Electronics

05 Jul 2017

Samsung on track to take Intel's chip crown with record second-quarter earnings

Samsung Electronics Co Ltd is expected to report its best-ever quarterly profit in the second quarter, with soaring memory chip sales pushing it past Intel Corp as the biggest semiconductor maker by revenue for the first time.

14 Mar 2017

Intel's $15 billion purchase of Mobileye shakes up driverless car sector

Intel Corp agreed to buy Israeli autonomous vehicle technology firm Mobileye for $15.3 billion on Monday in a deal that could thrust the U.S. chipmaker into direct competition with rivals Nvidia Corp and Qualcomm Inc to develop driverless systems for global automakers.

JPMorgan Chase & Co

28 Feb 2017

JPMorgan, Microsoft, Intel and others form new blockchain alliance

JPMorgan Chase & Co, Microsoft Corp, Intel Corp and more than two dozen other companies have teamed up to develop standards and technology to make it easier for enterprises to use blockchain code Ethereum in the latest push by large firms to move toward distributed ledger systems.

01 Jun 2016

Apple plans to sell $1 billion of 30-years bonds in Taiwan

Taipei: Apple Inc plans to issue bonds in Taiwan for the first time with the aim of raising $1 billion, sources familiar with the matter said, joining a queue of big global names that have sold billions of dollars on the island`s busy debt market.

20 Apr 2016

Intel to cut up to 12,000 jobs as PC industry swoons

Intel Corp said on Tuesday it would cut up to 12,000 jobs globally, or 11 percent of its workforce, as it refocuses its business towards making microchips that power data centres and Internet connected devices and away from the declining personal computer industry it helped found.

16 Jul 2015

Intel's quarterly revenue edges past estimates

Intel Corp reported quarterly revenue slightly above analysts` expectations on Wednesday, as growth in its data centres and Internet-of-Things businesses helped offset weak demand for personal computers that use the company`s chips.

09 Jun 2015

Intel pledges $125 mn for start-ups that back women, minorities

Following up on its earlier pledge to spend $300 million over the next five years to improve diversity, Intel Corp promised more on Tuesday, this time to back companies with women and minorities in leadership roles.

02 Jun 2015

Intel to buy Altera for $16.7 billion in its biggest deal ever

Intel Corp agreed to buy Altera Corp for $16.7 billion as the world`s biggest chipmaker seeks to make up for slowing demand from the PC industry by expanding its line-up of higher-margin chips used in data centres.

29 May 2015

Intel close to deal to buy Altera for $16 billion: Sources

Intel Corp has resumed negotiations to buy smaller chip maker Altera Corp and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday.

01 May 2015

Intel''s standstill with Altera expires in June

Earlier this month, Altera rejected an unsolicited $54 per share offer from Intel following months of negotiations, the sources said, asking not to be identified discussing confidential information

28 Mar 2015

Chipmaker deal helps Wall Street rebound

Wall Street on Friday closed higher for the first time in a week, lifted by rising tech stocks, while oil prices slumped 5 percent on receding fears about Middle East fighting disrupting supplies.

28 Mar 2015

Intel in talks to buy Altera, shares of firms surge

Intel Corp is in talks to buy fellow chipmaker Altera Corp in a deal likely to top $10 billion.

16 Jan 2015

Intel forecasts disappointing revenue; shares fall

Chipmaker Intel Corp forecast revenue and gross margins for this quarter that disappointed investors, sending its shares down 2.7 percent in extended trading.

04 Dec 2014

Intel to invest $1.6 billion in China factory

Intel Corp will invest $1.6 billion to upgrade its factory in the city of Chengdu in western China.

Intel upcoming bracelet

18 Nov 2014

Intel's upscale bracelet has Google alerts, AT&T data plan

Upcoming bracelets with technology from Intel Corp and design cues from fashion brand Opening Ceremony will connect the wearer with Facebook, Google and Yelp via an AT&T data plan without having to carry a smartphone.

26 Sep 2014

Intel to invest $1.5 bn in 20% stake in Chinese semiconductor companies

Intel Corp will invest $1.5 billion in a 20 percent stake in two semiconductor units of China`s state-owned Tsinghua Unigroup, the Chinese company said on its website on Friday.

25 Sep 2014

Intel investing in China mobile chipmakers: Sources

Intel Corp is close to announcing an investment in Chinese-government affiliated mobile chipmakers Spreadtrum Communications and RDA Microelectronics, its latest move to catch up in a smartphone chip industry led by Qualcomm Inc, according to two sources with knowledge of the plan.

09 Sep 2014

Intel's CEO says its costly tablet chip strategy has paid off

Intel Corp`s plan this year to pay manufacturers to use its processors to make tablets was boosting the chipmaker`s market share, Chief Executive Officer Brian Krzanich said on Tuesday, adding that he hoped to avoid such a costly strategy with smartphones.

30 Aug 2014

Intel hires senior executive Faintuch from Qualcomm

Chipmaker Intel Corp has hired Amir Faintuch, a senior executive at Qualcomm Inc, to co-manage the development of the company`s chips, an Intel spokesman said on Friday.

12 Jul 2014

Wall Street Week ahead: Tech earnings take center stage next week

Earnings from some of the biggest U.S. technology companies will take center stage next week, giving investors a chance to re-evaluate the sector`s health.

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