Intel (INTC) announced it’s appointing Lip-Bu Tan as its new CEO. The chip industry veteran, who previously helmed Cadence Design Systems, takes over from interim co-CEOs David Zinsner and Michelle Johnston Holthaus. The duo succeeded former CEO Pat Gelsinger, who was ousted by Intel’s board in late 2024. Shares of Intel climbed more than 11%…
Intel (INTC) stock climbed higher Wednesday on a report that rival Taiwan Semiconductor (TSM) is in talks with a group of chipmakers, including Nvidia (NVDA) and AMD (AMD), that would run Intel’s chip manufacturing business. According to Reuters, the consortium, which would also include Broadcom (AVGO), would take over Intel’s foundry business, which is responsible…
During President Biden’s tenure in the Oval Office, his administration made it a point to boost investment in domestic manufacturing. One of the administration’s accomplishments came in 2022, when Biden signed the CHIPS and Science Act — a law that seeks to invest $280 billion into research and development and semiconductor manufacturing here in the…
Solar panels are finding new ways to fit into unfamiliar places. With that in mind, it’s taken far too long for anybody to try sticking one directly into a laptop. For MWC 2025, Lenovo showed off a Yoga Solar PC concept. Too many laptops claim full 24 hours of battery life even though you’ll never…
Intel (INTC) stock jumped 16% Tuesday following a report that its rivals Broadcom (AVGO) and TSMC (TSM) are exploring potential deals with the chipmaker that would split it into two. The Wall Street Journal reported late Saturday that Broadcom (AVGO) is considering making a bid for Intel’s product business, which designs semiconductors for computers and…
By Arsheeya Bajwa (Reuters) -President Donald Trump’s administration may not support Intel’s U.S. chip factories being operated by a foreign entity, a White House official told Reuters. The comment was in response to a Bloomberg report that Taiwan’s TSMC, the world’s biggest chipmaker, was considering taking a controlling stake in Intel’s factories at Trump’s request….
Shares of Intel (NASDAQ: INTC) were up by 8.4% as of 1:45 p.m. ET Thursday after having gained as much as 10.5% earlier in the session. At the time, the S&P 500 was up by 0.5% and the Nasdaq Composite had gained 0.8%. Reports came out Wednesday that the semiconductor giant, which has fallen behind…