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The Latest Breaking News from Patrick Gelsinger

2 Turnaround Stocks to Buy This July Amid Shaky Markets

While 'turnaround' is a much-abused word in the corporate world, Disney and Intel look like two turnaround stocks that can reward long-term and patient investors.

Barchart

Intel CEO Optimistic On Company's $1 Billion Cumulative Software Revenue By 2027

In 2021, the year that its current CTO was brought in from VMware by CEO Pat Gelsinger to help steer the company's software strategy, Intel made more than $100 million in software revenue.

International Business Times

Is This Chip Giant a Buy Near 52-Week Lows for Its Attractive Dividend?

Intel is one of those dot-com stocks that have yet to reclaim their all-time highs after nearly 25 years. Is the stock a buy now, including for its 1.6% dividend yield?

Barchart

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Why this chief technology officer put his retirement on hold when Intel’s CEO called with a daunting fix-it job

Greg Lavender signed on as Intel CTO in June 2021, working to revamp the chipmaker's execution and its mindset amid fierce competition from Nvidia and AMD.

Fortune

Intel CEO says China must make its own chips if sanctions become too restrictive, points to EUV as key cutoff point

Intel CEO Pat Gelsinger told Tom's Hardware during a question and answer session at Computex 2024 that China must make its own processors if US sanctions on the latest chips become too restrictive.

Tom’s Hardware

x86 strikes back: Intel comes out swinging as AI PC market explodes

The new category of Copilot+ PCs is no longer all Qualcomm's, as Intel and AMD reveal competitors to the Arm-based Snapdragon X Elite chipset.

Fortune

Intel To Undercut Rivals On AI Accelerator Pricing

Intel announced plans to price its next Gaudi AI accelerator chips at a steep discount to its rivals. However, Intel stock dipped.

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Intel CEO on Nvidia's Jensen Huang: 'Moore's law is alive and well' and here's the AI chip to prove it

Intel's Computex keynote revealed all about the next generation of Lunar Lake Core Ultra chips and silenced some high-profile doubters along the way.

Laptop

Intel's new chips take the AI fight to Nvidia, AMD

Intel CEO Pat Gelsinger said the current AI-investment boom is 'like the internet 25 years ago.'

The Street

Intel says it's happy to make the very Arm chips that threaten its x86 hegemony

CEO Pat Gelsinger keeping his options open.

PC Gamer

Intel's latest processor is mostly made by its biggest manufacturing rival because it had 'a better process technology at that point in time'

Though for its successor, Panther Lake, "almost all of the tiles are on Intel."

PC Gamer

Intel Unveils New Chip Tech In AI Battle With Nvidia, AMD

For decades, Intel has dominated the market for the chips that run everything from laptops to data centers. But in recent years, its competitors, especially Nvidia, have soared ahead on specialized AI processors.

International Business Times

Intel Computex 2024 keynote: Intel CEO lays out its AI PC plans for the year

Intel's Computex 2024 keynote lays out the future of the company's AI PC plans.

TechRadar

The Intel Computex 2024 Keynote Live Blog (8:00pm PT/03:00 UTC)

Closing out the last of the major PC-focused keynotes at Computex 2024 this evening, we have Intel. The long-reigning leader of the PC CPU market, Intel is in the middle of executing its plans to get back on track on both the manufacturing and chip design aspects of the business.…

AnandTech

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Tom’s Hardware

Watch Intel's Computex 2024 keynote live stream here at 11 pm ET, 8 pm PT or 3 am UTC

CEO Pat Gelsinger is expected to unveil some new CPUs.

Barchart

This Underperforming Chip Stock Wants to Take On Nvidia. Is It a Buy?

With YTD losses in excess of 40%, Intel is the worst-performing S&P 500 constituent in 2024, and has completely missed out on the rally in chip stocks that helped catapult Nvidia to record highs. Is INTC stock a buy after its long stretch of underperformance?

TechRadar

Intel boss confirms Panther Lake is on track for mid-2025 release date - with some bold claims

Intel CEO Pat Gelsinger has doubled down on Panther Lake coming in mid-2025 with some bold performance claims in a recent earnings call.

PC Gamer

Intel CEO claims Core Ultra laptop chip is 'hot' but the company's near-term outlook still isn't exactly on fire

Intel's Meteor Lake laptop chips are selling fast, but Intel's own forecasts aren't looking great.

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AnandTech

Intel Teases Lunar Lake At Intel Vision 2024: 100+ TOPS Overall, 45 TOPS From NPU Alone

During the main keynote at Intel Vision 2024, Intel CEO Pat Gelsinger flashed a completed Lunar Lake chip off, much like EVP and General Manager of Intel's Client Computing Group (CCG) Michelle Johnston Holthaus did back at CES 2024. The contrast between the two glimpses of the Lunar Lake chip…

Windows Central

Intel's next-gen Lunar Lake CPUs will be able to run Microsoft's Copilot AI locally thanks to 45 TOPS NPU performance

Intel CEO Pat Gelsinger unveiled next-gen Lunar Lake NPU capabilities at its Intel Vision keynote, with the new chips expected to offer 100+ TOPS total AI performance and 45 TOPS carved out for the NPU.

PC Gamer

Intel's upcoming Lunar Lake will crank out over 100 TOPS of AI performance later this year

Meanwhile, we're still waiting for any sign of Arrow Lake.

Laptop

'Before competitors ship their first chips, we're launching our second.': Intel CEO touts '3x the AI performance' for upcoming Lunar Lake chips

During today's Intel roadmap keynote, CEO Pat Gelsinger revealed exciting updates that could be industry changing.

TechRadar

Does Intel’s CEO get paid more than AMD’s CEO? The answer might not be that surprising, if you think about it

AMD's CEO earned significantly more than Intel's CEO in 2023, but stock played a major part.

Windows Central

Intel foundry sees $7 billion in losses and doesn't expect to break even until 2027

Intel foundry unit reported $7 billion in losses which led to a share price drop of over 4%. According to Intel's CEO, these losses are partially due to a failure to switch to new machinery.

Tom’s Hardware

Intel's 18A-based CPUs won't ramp to high volume production until 2026

Intel's Panther Lake and Clearwater Forest will start production in 2025, but won't ramp to high volume until 2026.

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