Intel's stock has taken a significant hit, plummeting by 7.3%. This marks the largest intraday drop since January 26th. The decline comes hot on the heels of intel's disclosure regarding the losses in its foundry business operations. Watch in for more details!

Intel faces worst decline in 2 months amid losses

Intel has witnessed a major decline, marking its worst performance in over two months, following a pessimistic outlook on its factory operations. According to Bloomberg News, the chip giant disclosed an increase in losses within its new manufacturing division, Intel Foundry.

Intel faces setback as chipmaker reveals deepening losses in factory operations

Intel faced setbacks on Tuesday after it disclosed an increase in operating losses for its foundry business. This has led to intensified efforts from the company to regain a competitive edge against rivals like Taiwan Semiconductor Manufacturing (TSMC).

Intel reveals $7 billion operating loss for chip-making unit: Report

Intel has announced a $100 billion investment to build and expand chip factories across four U.S. States. This comes after securing almost $20 billion in federal grants and loans through the chips act, with the potential for an additional $25 billion in tax breaks. Watch to know more!

Project to create ‘largest AI chip manufacturing site’ in Ohio

Intel Corporation has announced a $100 billion spending initiative across four states in the United States, aimed at strengthening and expanding its chip manufacturing capabilities.

Intel embarks on $100 bn investment in US chip manufacturing expansion

President Joe Biden's administration on Wednesday (March 20) announced it is allocating nearly $20 billion to Intel in grants and loans to enhance semiconductor production in Arizona.

Biden allocates 'single biggest' multibillion-dollar grant to Intel to boost semiconductor production in US

The man who led the design of the iconic Pentium processor has passed away. Avtar Saini, the former Intel India country head was knocked down by a speeding cab. Molly Gambhir gets you the story of this unknown hero.

Gravitas | The man behind the Pentium processor killed by speeding cab

Former Intel country head for India, Avtar Saini, died on Wednesday after being hit by a speeding cab while riding his bike in Navi Mumbai.

Intel pioneer Avtar Saini dies in an accident as a speeding taxi collides with his bicycle

Leading tech company Intel’s South Asia division former director Avtar Singh Saini, who had majorly contributed to the Pentium processor's design and development, died in a fatal crash in Navi Mumbai, India, on Wednesday (Feb 28).

Who was Avtar Singh Saini? Brain behind Pentium processor dies in crash

At a technology conference in San Jose, California, Intel announced its ambitious plans to regain dominance in the semiconductor industry by surpassing its main competitor, Taiwan Semiconductor Manufacturing Co (TSMC).

Intel unveils ambitious plans to overtake TSMC with advanced chip manufacturing technologies

WION's Business Desk brings you this daily round up of global stories from the world of business and economy. Intel unveils ambitious plans to overtake TSMC with advanced chip manufacturing technologies At a technology conference in San Jose, California, Intel announced its ambitious plans to regain dominance in the semiconductor industry by surpassing its main competitor, Taiwan Semiconductor Manufacturing Co (TSMC).

WION Business Wrap | Intel’s plan to overtake TSMC, Struggles of US natural gas producers and more

Intel on Tuesday marked its entry into the competitive arena of automotive semiconductors, challenging industry leaders Nvidia and Qualcomm. According to Reuters, Intel aims to roll out automotive versions of its latest AI-enabled chips, designed to power the intelligence systems of future vehicles.

Intel unveils AI-powered chips for Cars, takes on Nvidia and Qualcomm  

Intel corporation has secured a $3.2 billion grant from the Israeli government for its ambitious $25 billion chip plant. This marks the largest investment ever made by a company in israel and comes at a crucial time amid geopolitical tensions.

$3.2 billion grant secured for Israel's new $25 billion chip plant | World DNA

A US appeals court has overturned a $2.18 billion patent-infringement award against intel. The court nullified the 2021 verdict, which found intel guilty of infringing one VLSI patent. This decision, one of the largest in US patent law history, triggers a reset in the high-stakes clash between the tech giants.

US appeals court orders new trial in VLSI vs Intel patent battle | World Business Watch

An appeals court in the US on Monday (December 4) overturned a previous verdict awarding USD 2.18 billion to VLSI Technology in a patent infringement case against Intel Corp.

Intel succeeds in overturning $2.18bn patent verdict, one of the largest in US

Apple unveiled new MacBook Pro, iMac computers and three new chips in an online event on Monday (Oct 30). The tech giant has said that it has redesigned its graphics processing units (GPU).

Apple launches new MacBook Pro laptops, iMac and faster chips

Tech heavyweights are boycotting Web Summit, Europe’s biggest technology event, after its CEO criticised Western support of Israel following deadly terrorist attacks by Hamas on October 7.

Anti-Israel remarks by CEO put Web Summit 2023 in jeopardy as tech giants pull out

The heads of MI5 and the FBI have issued an unprecedented joint warning, expressing concerns that the ongoing Middle East crisis could elevate the risk of domestic terrorist attacks, media reports said.

MI5, FBI warn of Iran-backed domestic 'terrorist attacks' at Five Eyes meeting

The European Union's antitrust regulator has fined US tech giant Intel for a two-decade-old anti-competition practice of blocking rivals from entering the European market. The EU watchdog has fined Intel nearly 400 million dollars for paying HP, Acer and Lenovo to halt or delay rival products between November 2002 and December 2006.

EU antitrust body fines Intel

On the 21st of April 2019, a group of Sri Lankans inspired by the Islamic State carried out six coordinated suicide bombings in churches and tourist hotels 269 people were killed in these attacks including worshipers at the Easter Sunday Services. Four years later the Wickremasinghe-led government is getting up to probe whether the state intelligence service was complicit in one of the most devastating extremist attacks in Sri Lankan history.

Report: Sri Lankan intelligence was aware of 2019 bomb plot

Intel Corp. announced that it is foregoing plans on its $5.4 billion acquisition of Tower Semiconductor Ltd. because it was unable to obtain regulatory permission in time, according to a report by Bloomberg.

Intel drops $5.4 billion deal after China holds up approval: Report 

US Chip giant Intel is currently undergoing a massive churn. The chipmaker has restructured its manufacturing business, which is expected to have a significant impact on the company's margins. The company said that its manufacturing business will work as a separate unit. Intel will offer its manufacturing services to other companies, including competitors.

Intel restructures its manufacturing business

China has been spying from Cuba for some time, US official says. The Wall Street Journal on Thursday reported that China had reached a secret deal with Cuba to establish an electronic eavesdropping facility on the island roughly 100 miles from Florida. The U.S. and Cuban governments cast strong doubt on the report.

US Official: China spying reports well-documented in US intel records

US chip maker intel announced its worst-ever quarterly results. Intel's losses come after personal computer and data centre sales dropped steeply amid a gloomy global economic backdrop.

Intel reports worst quarterly results

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