Why Intel CEO Pat Gelsinger Is Taking a 25 Percent Pay Cut
Intel Corp said on Tuesday that it had made broad cuts to employee and executive pay, a week after the company issued a lower-than-expected sales forecast driven by a loss…
Intel CEO Earned 1,711 Times More Than Average Company Worker in 2021
Intel Chief Executive Officer Pat Gelsinger earned 1,711 times as much as the average worker at the US chipmaker in just 11 months since he joined in February last year,…
Intel Announces New Chip-Making Complex in Germany
Intel has picked Germany as the site for a huge new chipmaking complex, giving the first details of a $88 billion (roughly Rs. 6,70,187 crore) investment drive across Europe, which…
Intel Said to Plan $20-Billion Chip Manufacturing Site in Ohio
Intel on Friday is set to announce it will invest $20 billion (roughly Rs. 1,48,850 crore) in a massive new manufacturing site near Columbus, Ohio to develop and manufacture advanced…
Apple, Intel Said to Attend White House Meeting on Chip Shortage
Intel Chief Executive Pat Gelsinger plans to attend a virtual White House meeting on the global chip shortage, along with representatives from companies including Apple, Microsoft, Samsung Electronics, GM, Ford,…
Intel Reminds Global Chip Shortages Could Last Several Years
Intel’s CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is…
Intel Seeks EUR 8 Billion in Subsidies for European Chip Plant
Intel wants EUR 8 billion ($9.7 billion or roughly Rs. 71,249 crores) in public subsidies towards building a semiconductor factory in Europe, its CEO was cited as saying on Friday,…
Intel to Spend $20 Billion on US Chip Plants to Challenge Asia Dominance
Intel will greatly expand its advanced chip manufacturing capacity as new chief executive Pat Gelsinger announced its IDM 2.0 strategy. The company plans to spend as much as $20 billion…