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Now that Pat Gelsinger is no longer occupying the corner office at embattled chipmaker Intel (INTC), he can acknowledge one thing about the semiconductor industry.Nvidia (NVDA) has a wide, wide lead over its rivals on the tech front..."They have built meaningful moats around their franchise," he added.Gelsinger led aggressive efforts to turn around Intel for more than three years. He slashed thousands of jobs, improved costs, secured CHIPS Act funding, built chip foundries, and promised fast AI chips that could compete with Nvidia and AMD (AMD).He was fired in early December amid missed financial targets, lack of progress on the...

Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters... indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars' worth of manufacturing contracts to Intel...Advanced Micro Devices is also evaluating whether Intel's 18A manufacturing process is suitable for its needs but it was unclear if it had sent test chips through the factory...The success of Intel's contract manufacturing business, or foundry, was the centerpiece of former CEO Pat Gelsinger's plan to revive the once iconic American technology company. But the board fired Gelsinger...

Gelsinger took to X on Monday to suggest that the market's assumptions were wrong. He said that instead of reducing demand, making computing "dramatically cheaper" and more efficient to use — as DeepSeek appears to have done — "will expand the market for it." The former Intel boss, who retired from the company in December after struggling to capitalize on the AI boom, also suggested that the Chinese engineers at DeepSeek "had limited resources, and they had to find creative solutions" to squeeze performance out of their models. The AI industry has insisted that models become smarter when powered with...

There are rumors that Intel and TSMC might team up to produce chips, and this news has stirred strong reactions from experts, industry insiders, politicians -- and, naturally, Intel employees, too. For example, one Intel engineer, Joseph Bonetti, posted on LinkedIn (though he later deleted his post) that Intel is about to reclaim its leadership in chip-making and win over more customers. He warned that giving TSMC control over Intel's manufacturing would be a big mistake.Intel is also leading in another area by using advanced machines from ASML -- a toolset with which only Intel has experience [sic]. Although Intel's...

Shares of Intel (INTC) jumped on Tuesday morning, the first day of trading since new reports emerged over the weekend that the chipmaker is the center of acquisition talks once again. Chip designer Broadcom (AVGO) and Taiwan Semiconductor Manufacturing Company (TSM), the biggest chipmaker in the world, are each in the early stages of considering bids that could see the American chipmaker be broken up, the Wall Street Journal reported over the weekend citing people familiar with the matter.

Rumors are swirling about a possible takeover of Intel. Nothing has been inked, but Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) both are in the early stages of proposing potential deals, according to The Wall Street Journal. Broadcom could potentially seek a deal for Intel’s chip design assets, while TSMC eyes its manufacturing capabilities.Intel interim executive chairman allegedly met with buyers, government Broadcom and TSMC are not officially working together, and any plans either company has for deals with Intel are in preliminary stages, The Wall Street Journal said. However, Intel’s Interim Executive Chairman Frank Yeary has allegedly met with...

Broadcom and Taiwan Semiconductor Manufacturing Co. are reportedly weighing plans to bid for Intel that would result in the storied chipmaker breaking up.According to The Wall Street Journal in a report Saturday, Broadcom has been looking into Intel’s chip-design and marketing business and and has “informally discussed” a bid with its advisers if it finds a partner for Intel’s chip-making operations.The report said TSMC has examined taking over some or all of Intel’s chip plants, meanwhile, as part of an investor consortium or another structure.

Intel CEO Pat Gelsinger has defended the company's plan to become a chipmaker for hire after the company's profits plunged 134 percent year over year and it recorded a $2.8 billion loss during the first quarter of 2023. Intel has traditionally built fabrication plants to manufacture its own chips, but has seldom built silicon for third parties. Gelsinger reversed that policy, deciding that Intel must develop a substantial foundry business. "While everyone understands that we are establishing an internal foundry model, I'm not sure we have fully explained the importance and impact of this change," he said, insisting that hiring...

Thursday was another rough day for the semiconductor space as most of the biggest US-traded chipmakers traded in the red as the global chip shortage overshadowed what ended up being a solid earnings report from TSMC (which also affirmed plans to expand its production capacity in the US and Japan). But even bigger news concerning the troubled semis space broke Thursday evening when WSJ reported that Intel has agreed to the biggest acquisition in its half-a-century existence. According to the American business broadsheet of record, Intel has agreed to buy chip fabricator GlobalFoundaries for $30 billion. Most importantly, the deal...

Nvidia just made some MASSIVE announcements in terms of ARM-based computers, so they're now joining Apple and AMD in the fight against Intel and their x86-based chips.

(A half-decent column by MrArbitrage) "...It reminds me of a scene from the cult classic film “This is Spinal Tap” where Nigel, the heavy metal guitarist is showing off his custom Marshall amplifier to the interviewer (Rob Reiner). As Nigel boasts about how other amplifiers only go to 10 while -his- goes to 11. Reiner asks “Nigel” the question...".

When it comes to investing, I'm a contrarian at heart. I'm also a cheapskate, generally more interested in stocks trading at low multiples than those with forecasted earnings-growth estimates that have catapulted investor expectations to infinity and beyond. Don't get me wrong: If you're the Buzz Lightyear type, you should certainly check out the likes of Intel (Nasdaq: INTC) and Sony (NYSE: SNE). Each sports a five-year earnings-growth forecast of 15% or higher -- and a price-to-earnings ratio (P/E) that surpasses the broader market's average. Qualcomm (Nasdaq: QCOM) makes the cut, too. Deep discounts If, however, you're mainly an investor...

SAN JOSE, Calif. - Intel Corp. has designed a computer chip that promises to perform calculations as quickly an entire data center — while consuming as much energy as a light bulb. The world's biggest chipmaker said Sunday it developed a programmable processor that can perform about a trillion calculations per second, or deliver a performance of 1.01 teraflops. It accomplishes this feat while consuming 62 watts of power when the chip is running at a frequency of 3.16 gigahertz.A similarly powerful supercomputer in 1996 at Sandia National Laboratories took up more than 2,000 square feet, used nearly 10,000 Pentium...

Revenue Expected to be Between $9.2 Billion and $9.4 Billion SANTA CLARA, Calif., March 10, 2005 -- Intel Corporation expects revenue for the first quarter to be between $9.2 billion and $9.4 billion, as compared to the previous range of $8.8 billion to $9.4 billion. The first-quarter gross margin percentage is expected to be approximately 57 percent, plus or minus a point, as compared to the previous expectation of 55 percent, plus or minus a couple of points, primarily due to lower than expected 65nm start-up costs and microprocessor unit costs. All other expectations are unchanged. This Business Update is...

SAN FRANCISCO (Reuters) - Intel Corp. (Nasdaq:INTC - news), the world's largest chip maker, is offering U.S. states the promise of dollars of capital investment in exchange for an overhaul of their tax laws, which it says are making the United States less competitive than other regions of the world. The Santa Clara, California-based company is now heavily lobbying officials in Arizona and Oregon for tax cuts that could save the company tens of millions of dollars a year in property and income taxes. At the same time, executives have begun speaking out more forcefully about the lure of China,...