Catenaa, Wednesday, August 27, 2025- A US stake in chipmaker Nvidia is “not on the table,” Treasury Secretary Scott Bessent said on Wednesday, as the Trump administration looks for stakes in various industries. “I don’t think Nvidia needs financial support, so that seems not on the table right now,” he said in an interview on […]

Catenaa, Tuesday, February 18, 2025 – Broadcom and Taiwan Semiconductor Manufacturing Co. (TSMC) are exploring separate deals that could split Intel Corp., the Wall Street Journal reported. The chip-making giants are reportedly considering moves to divide Intel’s operations. Broadcom is eyeing Intel’s chip design and marketing business, while TSMC is exploring a potential stake in […]

Catenaa, Friday, July 25, 2025- Intel reported its second-quarter earnings on Thursday, beating on revenue but missing on earnings per share due to impairment charges. The company said it is cutting its headcount by 15% and expects to have approximately 75,000 employees by the end of the year. Intel also offered an upbeat Q3 revenue […]

Catenaa, Tuesday, December 03, 2024-Pat Gelsinger, CEO of Intel since 2021, resigns following a challenging tenure marked by production delays, declining stock performance, and missed opportunities in artificial intelligence (AI) technologies. Gelsinger, once seen as the company’s turnaround hope, resigned effective December 1, leaving the company to interim co-CEOs David Zinsner and Michelle Johnston Holthaus.  […]

Catenaa, Friday, April 25, 2025- Intel Corporation posted a revenue of $12.7 billion, flat year-over-year in the first quarter, and offers a gloomy outlook for the next quarter with reduced revenue expectation. Intel on Thursday said that its first quarter earnings per share was recorded at $0.13 beating market estimate of $0.12. The chipmaker forecasts […]

Catenaa, Monday, April 14, 2025– Intel has agreed to sell a 51% stake of Altera programmable chip to Silver Lake for $4.46 billion, to cover losses by selling non-central businesses and assets. The deal, announced on Monday, values Altera at $8.75 billion, a sharp decline from the $17 billion Intel paid in 2015. Intel will […]

Catenaa, Thursday, August 07, 2025- Intel shares fell by over 2% on Thursday after President Donald Trump called for the chipmaker’s CEO to resign immediately due to national security concerns. In a Truth Social post, Trump said Intel Chief Executive Lip-Bu Tan “is highly CONFLICTED and must resign, immediately. There is no other solution to […]

Catenaa, Monday, August 25, 2025- Intel said on Monday that the 10% stake by the US government in the chipmaker could pose risks to its business, harming international sales and limiting its ability to secure government grants. The company laid out the new “risk factors” in a securities filing after the government decided to convert […]

SANTA CLARA, Calif. Tuesday, April 09, 2024 – Intel Corporation’s chipmaking business, the Client Computing Group (CCG),  reported a significant operating loss of $7 billion in 2023, according to a Reuters report on April 9, 2024. This figure marks a substantial increase from the $5.2 billion loss recorded in 2022. The current predicament of the […]

Catenaa, Tuesday, August 26, 2025- US Commerce Secretary Howard Lutnick implied that the government is looking at the defense sector and other industries for potential stakes in companies after a 10% stake deal with Intel. “Oh, there’s a monstrous discussion about defense,” Lutnick said Tuesday on CNBC when pressed on whether the administration was considering […]

Catenaa, Tuesday, August 19, 2025- Japanese technology giant SoftBank Group plans to take a $2 billion stake in chip maker Intel as it deepens its involvement in US semiconductor manufacturing. SoftBank said on Monday that it plans to buy $2 billion of Intel’s common stock, paying $23 per share. SoftBank invests in an array of […]

Catenaa, Thursday, March 13, 2025- Taiwan Semiconductor Manufacturing Co. (TSMC) has pitched a joint venture to US chipmakers Nvidia, AMD, and Broadcom to manage Intel’s foundry division, sources told Reuters. Under the plan, TSMC would oversee operations but hold no more than a 50% stake. Qualcomm has also been approached, sources said. The talks, still […]

Catenaa, Friday, August 15, 2025- The US government is considering taking a stake in Intel, helping the struggling chipmaker make a turnaround through infrastructure investment. According to Bloomberg, the plan could involve the government helping Intel expand its planned chip complex in Ohio, which the company has had to delay as part of its ongoing […]

Catenaa, Friday, August 29, 2025- The US will make it more difficult for global chipmakers Intel, Samsung, and SK Hynix to produce chips in China by revoking permission for the companies to receive American semiconductor manufacturing equipment. The US Commerce Department granted the authorizations for the companies to make chips in China as exceptions to […]