Making computer chips is ferociously expensive. Some manufacturing tools cost hundreds of millions of dollars apiece. A leading-edge factory runs $10 billion, or more. Faced with such daunting numbers ...

Intel (NASDAQ:INTC) CEO Lip-Bu Tan announced that the company will be working to develop its own AI chips, in an earnings call on Friday. "This is not a quick fix," Tan said on the call. He continued ...

If there is one overarching theme from Intel's (NASDAQ:INTC) latest results and guidance, it's that there is no quick solution to fix the semiconductor giant, Wall Street analysts said. Shares fell ...

Intel is bleeding money at an alarming rate. The company has just reported a $3.1 billion quarterly loss, marking its sixth consecutive quarter in the red. On paper, it should be in better shape. The ...

(Reuters) -Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, ...

PC hardware news moves quickly. Wasn’t it just yesterday that Intel's widespread desktop crash bug fried a bunch of PC chips? Nope, it’s already been more than a year since the infamous "Raptor Lake" ...

Intel announced plans to develop its own AI chips on an earnings call Friday The company's previous strategy has been to acquire AI startups that have already developed their own chips Analysts remain ...