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, 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, 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 […]