The Latest Breaking News from Patrick Gelsinger

Intel suffered a massive financial loss in its recent reports, and the company has responded by announcing layoffs of 15% of its work layoffs.

It's no recall, but Intel is clearly feeling the heat by extending 13th and 14th Gen CPU warranties. This comes on the heels of a class action lawsuit investigation, which you can contribute to as an affected customer.

Intel could lose as much as $25 billion in market value today.

Intel announces job cuts, restructuring to save billion, focus on AI technology and domestic manufacturing for long-term success.

Intel's Lunar Lake may be expensive, but Intel 18A-based Panther Lake and Clearwater Forest processors look promising.

Disappointed with its financial performance, including drop in quarterly revenue, Intel announced drastic plans.

Update 08/02: Patrick Moorhead has published a further tweet, clarifying that "Pat [Gelsinger] didn’t tell me l that there were yield issues. This was *my* interpretation." The text of the article has been updated accordingly to reflect this tweet, as well as Intel statements about accelerating their Ireland Fab 34…

Amidst the backdrop of a weak quarterly earnings report that saw Intel lose money for the second quarter in a row, Intel today has announced that the company will be cutting costs by $10 billion in 2025 in an effort to bring Intel back to profitability. The cuts will touch…

Intel's strategic cost-cutting measures, job reductions, and pivot towards manufacturing competitors' processors to stay competitive in the chip market.

US chip maker Intel said Thursday it will slash more than 15 percent of its workforce as it streamlines operations.

Announces revenue of $12.8 billion for the quarter with operating income of zilch.