SANTA CLARA — Chip maker Intel announced that its board of directors has appointed VMware Chief Executive Officer Pat Gelsinger to be its new CEO, effective Feb. 15, 2021. Gelsinger will also join the Intel board of directors upon assuming the role. He will succeed Bob Swan, who will remain CEO until Feb. 15. Gelsinger […]
Intel
Intel Selects New Chairman, Director
SANTA CLARA — Chipmaker Intel Corporation announced that Andy Bryant stepped down as chairman and the board elected lead independent director Dr. Omar Ishrak to succeed Bryant as an independent chairman, effective immediately. Intel also announced that Alyssa Henry was elected to Intel’s board. Her election marks the seventh new independent director added to Intel’s board since the […]
Apple to Buy Intel’s Smartphone Modem Business
Apple has agreed to acquire the majority of Intel’s smartphone modem business for $1 billion. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases. The deal is expected to close in the fourth quarter of 2019, subject to regulatory approvals and other customary conditions, including works council and other relevant […]
Intel Launches 9th Generation Mobile Chips
Intel has launched the new 9th Gen Intel Core mobile H-series processors, designed for gamers and video creators. Intel says these are its most powerful mobile chips ever and why wouldn’t they be since they are the company’s newest processors? “Our new 9th Gen platform is designed to delight gamers, creators and performance users by […]
Intel Promotes Swan to Permanent CEO
SANTA CLARA – Intel Corporation, one of the largest companies in Silicon Valley, has named Robert Swan as permanent chief executive officer. Swan, 58, who has been serving as Intel’s interim CEO for seven months and as chief financial officer since 2016, is the seventh CEO in Intel’s 50-year history. Swan has also been elected […]
Intel CEO Steps Down Over Past Relationship
SANTA CLARA – Brian Krzanich has resigned as CEO and from the Board of Directors at Intel Corporation due to a previous relationship with an employee. The Intel board has named Chief Financial Officer Robert Swan interim chief executive officer, effective immediately. Intel is the world’s largest maker of computer chips. The company also said […]
Intel Introduces Core i9 Processor for Mobile
At a global event in Beijing, Intel unveiled the first ever Intel Core i9 processor for laptops. Part of the new lineup of high-performance mobile products unveiled, the 8th Gen Intel Core i9 processor is the highest-performance laptop processor Intel has ever built to deliver the best gaming and content creation experience on the go. […]
Intel Updates Security Exploits
SANTA CLARA — Intel said it is developing and issuing updates for all types of Intel-based computer systems — including personal computers and servers — that render those systems immune from both exploits (referred to as “Spectre” and “Meltdown”) reported by Google Project Zero. Intel and its partners have made significant progress in deploying updates as […]
Intel CEO to Give Keynote at CES
Intel CEO Brian Krzanich will give the keynote address at the Consumer Electronics Show (CES) in Las Vegas on Monday, January 8. Krazinich will be on stage to deliver the preshow address at 6:30 PM, Monday, January 8. Owned and produced by the Consumer Technology Association, CES is the largest technology trade expo in the world. […]
Former Intel CEO Dead at 66
SANTA CLARA – The Intel Corporation announced that the company’s former CEO Paul Otellini passed away in his sleep Monday, Oct. 2, 2017, at the age of 66. “We are deeply saddened by Paul’s passing,” current Intel CEO Brian Krzanich said. “He was the relentless voice of the customer in a sea of engineers, […]
Waymo, Intel Partner on Self-Driving Technology
By Brian Krzanich, CEO of Intel Corporation One of the big promises of artificial intelligence (AI) is our driverless future. Nearly 1.3 million people die in road crashes worldwide every year – an average 3,287 deaths a day.1 Nearly 90 percent of those collisions are caused by human error.2 Self-driving technology can help prevent these errors by giving […]
Intel CEO Withdraws From Manufacturing Council
Brian Krzanich, Chief Executive Officer of Intel, says he is leaving President Trump’s American Manufacturing Council following this weekend’s tragedy in Charlottesville, VA. Krzanich becomes the third CEO to withdraw from the Council today following Merck’s Kenneth Frazier and Under Armour’s Kevin Plank. Krzanich posted the following on a company blog Monday evening: Earlier […]
Intel Unveils New Xeon Processors
SANTA CLARA –– Intel has launched its new line of Xeon Scalable processors, providing businesses with breakthrough performance to handle compute-hungry tasks including real-time analytics, virtualized infrastructure and high-performance computing. Today’s launch marks the greatest set of data center and network processor advancements in a decade. “Data center and network infrastructure is undergoing massive […]
Intel to Sponsor Olympics Thru 2024
The International Olympic Committee (IOC) and Intel have inked a long-term technology partnership at an official signing ceremony in New York with IOC President Thomas Bach and Brian Krzanich, Intel’s chief executive officer. Intel will join “The Olympic Partner” (TOP) worldwide sponsorship program, becoming a Worldwide TOP Partner through 2024. Intel will promote its […]
Intel Selected By Darpa for Machine Learning Project
Intel has been selected by DARPA, a U.S. Department of Defense agency, to collaborate on the development of a powerful new data-handling and computing platform that will leverage machine learning and other artificial intelligence (AI) techniques. The notion of Big Data emerges from the observation that 90 percent of the data available today has […]
Intel Opens Autonomous Driving Lab
Intel has introduced the Silicon Valley Innovation Center for Autonomous Driving, providing insight into the company’s cutting-edge R&D efforts underway to push the boundaries of driverless cars and the future of transportation. The announcement was made last week during the company’s first Autonomous Driving Workshop held in San Jose. The company’s Silicon Valley Lab joins Intel’s […]
Intel to Deploy FreeD Technology in NFL Stadiums
SANTA CLARA — The Intel Corporation plans to deploy its freeD replay technology in select NFL stadiums across the league, adding to existing deployments in stadiums in Baltimore, Houston and San Francisco. Intel freeD technology creates dynamic and immersive experiences for football fans, enabling views of the greatest plays from every angle. This technology […]
McAfee Completes Spinoff From Intel
SANTA CLARA — Technology security provider McAfee has begun operating this week as a new standalone company after being spun out of Intel. As a standalone business, McAfee is one of the world’s largest pure-play cybersecurity firms. Built on the belief that “Together is Power,” the new McAfee will expand upon its leading security […]
Intel to Buy Mobileye for $15 Billion
SANTA CLARA, Calif. & JERUSALEM — Intel Corporation (NASDAQ: INTC) said it will buy Israeli-based Mobileye N.V. (NYSE: MBLY) for $63.54 per share in cash or roughly $15 billion. Mobileye shares closed at $47.27 Friday and were up 30% today on the news. Mobileye is a global leader in the development of computer vision […]
Intel Unveils Cyclone 10 FPGAs
SANTA CLARA — To serve the growing number of Internet of Things (IoT) applications, Intel Corporation has unveild the Intel Cyclone 10 family of field programmable gate arrays (FPGAs). Designed to deliver fast and power-efficient processing, they have a variety of uses, including for automotive, industrial automation, pro audio visual and vision systems. As the […]
Intel Teams With Trump to Announce $7 Billion AZ Investment
WASHINGTON — The Intel Corporation announced plans to invest more than $7 billion to complete Fab 42, which is expected to be the most advanced semiconductor factory in the world. The high-volume factory is in Chandler, AZ, and is targeted to use the 7 nanometer (nm) manufacturing process. It will produce microprocessors to power data centers and […]
Intel Powers Drones During Lady Gaga Show
During last night’s Super Bowl halftime show with Lady Gaga, 300 Intel Shooting Star drones lit up the sky in a choreographed aerial performance marking the first-ever drone integration during a televised event and a Super Bowl. As Lady Gaga’s performance began, Intel Shooting Star drones created a backdrop of colorful formations in the sky […]
Intel Promotes Three Executives
SANTA CLARA — Intel Corporation announced that its board of directors has promoted three corporate executives. Steven Rodgers was promoted from senior vice president to executive vice president. He is general counsel of Intel and leads Intel’s Law and Policy Group. Rodgers joined Intel in 2000, was elected senior vice president in 2015, and is based […]
Intel Has Record Quarterly Revenues
SANTA CLARA — Intel Corporation had a record year. The Silicon Valley chip maker reported full-year revenue of $59.4 billion and net income of $10.3 billion and EPS of $2.12. The company generated approximately $21.8 billion in cash from operations, paid dividends of $4.9 billion and used $2.6 billion to repurchase 81 million shares of stock. For […]