The Latest Breaking News from Patrick Gelsinger

Intel stock jumped on Friday after the chipmaker delivered better-than-expected results for the third quarter and guided higher.

Intel, alongside Amazon, helped push stocks higher in pre-market trading Friday.

Amazon injected markets with a bit of optimism after posting strong results Thursday.

Intel plans to spin-off its PSG division, which it purchased from Altera for around $17 billion in 2015, over the next two years.

Intel this afternoon has announced that the company will be spinning off its programmable solutions group (PSG), to operate as a standalone business. The business unit, responsible for developing Intel’s Agilex, Stratix, and other FPGA products, will become a standalone entity under Intel’s corporate umbrella starting in Q1 of 2024,…

As part of Intel’s suite of hardware announcements at this year’s Intel Innovation 2023 conference, the company offered a brief update on their plans for High-NA EUV machines, which will become a cornerstone of future Intel process nodes. Following some changes in Intel’s process roadmap – in particular Intel 18A…

While the primary focus has been on Intel's impending Meteor Lake SoC due by the end of the year, Intel CEO Pat Gelsinger unveiled more about their current client processor roadmap. Aside from a demo showing off a 'Lunar Lake' test box, Pat Gelsinger also announced Panther Lake, a new…

As part of Intel’s Innovation 2023 conference, the company is not only showing off their current and soon-to-be-current products like Meteor Lake, but the forward-looking keynote by CEO Pat Gelsinger was also used to showcase future generations of Intel products. Perhaps the biggest surprise this year being Intel’s Lunar Lake…

During the opening keynote at Intel's Innovation event in San Jose, Chief Executive Officer Pat Gelsinger unveiled a score of details about the upcoming Meteor Lake client platform. Intel's Meteor Lake marks the beginning of a new era for the chipmaker, as they move away from the chaotic Intel 7…

Kicking off this morning is Intel's annual technology conference, Innovation. The second year of the revived show once again has Intel's CEO Pat Gelsinger leading things off, with what's scheduled to be a 90 minute keynote. Intel has four major themes for this year's show: Accelerating the AI Era Transformative…

Despite the best efforts of CEO Pat Gelsinger, Intel was not able to secure regulatory approval for its $5.4 billion purchase of Tower Semiconductor. The deal has now been terminated by both sides.