Broadcom TSMC Explore Deals to Challenge Intel Report

February 18, 2025

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 […]

Intel CEO Pat Gelsinger Resigns Amidst Struggles in AI Era

December 3, 2024

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.  […]

Intel’s Chipmaking Arm Takes a Hard Hit with Major Losses in 2023

April 24, 2024

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 […]