(Bloomberg) — Intel Corp. has made a series of announcements in the past 24 hours to prove that the turnaround at the struggling chipmaker is beginning to bear fruit. Most read by Bloomberg Chief among them: The company struck a multibillion-dollar deal with Amazon.com Inc.’s cloud unit Amazon Web Services to jointly invest in a […]
An Intel office in Munich, Germany, is part of the company’s global presence. getty Intel is having a tough time and has recently fallen behind some of its competitors, who would love nothing more than to see Intel fail. First of all, the company’s huge capital expenditures to expand its manufacturing and supply chain — […]
Intel CEO Pat Gelsinger holds a wafer sample during his keynote speech at the Computex conference in Taipei on June 4, 2024. AFP | Getty Images Intel Shares rose 8% in extended trading on Monday after the company announced it would transform its foundry business into an independent unit with its own board of directors […]
