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The Latest Breaking News from Patrick Gelsinger

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.

Windows Central

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.

Tom’s Hardware

Intel's chip foundry keeps losing billions of dollars but CEO Gelsinger says this is it, this year is 'the trough'

Internal restructuring and foundry investments are the first steps back to profitability.

PC Gamer

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Intel to Receive $8.5B in CHIPS Act Funding & Further Loans To Build US Fabs

Intel and the United States Department of Commerce announced on Wednesday that they had inked a preliminary agreement under which Intel will receive $8.5 billion in direct funding under the CHIPS and Science Act. Furthermore, Intel is being made eligible for $11 billion in low-interest loans under the same law,…

AnandTech

Biden Administration Commits Nearly $20 Billion to Boost U.S. Semiconductor Industry with Intel

Under the CHIPS Act, the Department of Commerce brokered 8.5 billion in direct funding and 11 billion in loans to reinforce Intel's footprint in the country

Latin Times

Biden is giving Intel $8.5 billion for big semiconductor projects in 4 states

President Biden was in the battleground state of Arizona to make the biggest announcement yet in his plan to bring semiconductor manufacturing back to America.

WEKU

Intel CEO Pat Gelsinger to Deliver Computex Keynote, Showcasing Next-Gen Products

Taiwan External Trade Development Council (TAITRA), the organizer of Computex, has announced that Pat Gelsinger, chief executive of Intel, will deliver a keynote at Computex 2024 on June 4, 2024. Focusing on the trade show's theme of artificial intelligence, he will showcase Intel's next-generation AI-enhanced products for client and datacenter…

AnandTech

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Intel's Pat Gelsinger will deliver a keynote at Computex 2024 introducing 'next-generation client computing products', so maybe we'll finally get an official look at Arrow Lake

News of the next-generation Intel desktop chips has been relatively quiet of late, but here's hoping we might finally get a proper look at some shiny new silicon.

PC Gamer

Intel plots 1nm silicon for 2027 but are the wheels coming off its existing roadmap?

Forget about those five nodes in four years, here comes Intel 14A and 10A.

PC Gamer

Intel CEO admits 'I've bet the whole company on 18A'

Pet Gelsinger resisted the idea last year, now he won't deny everything is riding on Intel's most advanced node yet.

PC Gamer

Intel Creating Systems Foundry For AI Era, Adds Microsoft As Customer

Intel detailed plans to create the first systems foundry for the artificial intelligence era and added Microsoft as a customer.

Investors Business Daily

IFS Reborn as Intel Foundry: Expanded Foundry Business Adds 14A Process To Roadmap

5 nodes in 4 years. This is what Intel CEO Pat Gelsinger promised Intel’s customers, investors, and the world at large back in 2021, when he laid out Intel’s ambitious plan to regain leadership in the foundry space. After losing Intel’s long-held spot as the top fab in the world…

AnandTech

The Intel IFS Direct Connect 2024 Keynote (Starts at 8:30am PT/16:30 UTC)

This morning, Intel is set to provide updates on its foundry business (IFS) and process roadmap at its IFS Direct Connect event in Santa Clara. Intel is expected to unveil plans for how the company will transform the foundry industry and how it is set to become the world's first…

AnandTech

3 Semiconductor Stocks Insiders Are Buying This February

For investors looking to "follow the money" in the hot semiconductor industry, recent insider purchases at Super Micro Computer, Wolfspeed, and Intel are potentially bullish signals worth considering.

Barchart

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TechRadar

Intel's troubles won't stop Arrow Lake from coming to your desktop, CEO insists

The Intel CEO has been bullish about the Arrow Lake processor coming out in 2024, despite a huge decline in share price.

PC Gamer

Intel CEO bullish about chip roadmap and confirms Arrow Lake CPUs for this year as share price plummets 12%

18A Panther Lake chips also heading for Intel's fabs…

Tom’s Hardware

Intel posts mixed financial report, demonstrates growth but 2023 revenues are down

Intel posted mixed financial results for the last quarter of 2023, with growth for the quarter, but revenue down for last year as a whole.

TechRadar

"Customized chips will be in vogue beyond 2025": Intel could move away from regular CPU releases in a frantic bid to serve customers better and catch up with rivals — but will it be enough?

Intel plans to focus on future technologies, such as AI and chiplets, and release chips when ready.

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PC Gamer

'Today our systems hallucinate, tomorrow if we're going to use them broadly, they have to be right' – Intel's CEO thinks AI needs a lesson in reasoning to move forward

The machine may well be dreaming, but Pat Gelsinger thinks AI needs to be both "fast, and right."

PC Gamer

'I think this is a 10-year gap' – Intel CEO Pat Gelsinger says China is majorly behind in chip manufacturing thanks to export restrictions and looks to stay that way for the foreseeable future

The Intel head honcho seems convinced that China is seriously off the pace, and will remain that way while export restrictions continue.

Investors Business Daily

Automotive Chipmakers Squeezed By 'Accordion Effect'

Semiconductor stocks exposed to the automotive market have hit a rough patch, but it could be short-lived, Intel's CEO said at CES 2024.

AnandTech

The Intel CES 2024 Pat Gelsinger Keynote Live Blog (Starts at 5pm PT/01:00 UTC)

This evening is the biggest PC-related keynote of CES 2024, Intel's "prime" keynote with CEO Pat Gelsinger. Part of Intel's "AI everywhere starts with Intel" campaign for the show, Gelsinger is expected to talk about the role AI will play in the future of consumer technology, along with the economic…

Fortune

Who were the best CEOs of 2023?

Huang, Nadella and Alphabet's Sundar Pichai embraced AI and helped deliver huge returns for investors.

Fortune

Biggest CEO successes and setbacks: 2023’s triumphs and 2024’s challenges

For these CEOs, good and bad, the past is likely a prologue to the future.

AnandTech

ASML's First High-NA EUV Litho Scanner Arrives At Intel [UPDATED]

Update 1/5/2024: Intel Oregon announced on Thursday that it has received its shipment of ASML's first-generation Twinscan EXE:5000 High-NA EUV lithography scanner. The two companies will start assembly process of the machine shortly and then Intel will start its High-NA learning curve with the aim to insert the technology into…

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