Page 2 - Intel

Intel shares to fall most in 24 years as it struggles with turnaround

Shares of the company were down about 20 per cent in premarket trading after Intel late forecast quarterly revenue below estimates

Intel to cut thousands of jobs to reduce costs, layoffs to begin this week

Intel, which is scheduled to report second-quarter earnings Thursday, has about 110,000 employees, excluding workers at units that are being spun out

Intel, AMD chips-powered AI PCs won't get Copilot Plus features on launch

Intel and AMD recently introduced new PC processors with support for Copilot Plus AI features. However, the AI features will not be available on launch, but will be enabled later through update

Intel launches new Xeon server processors amid competition with AMD

The sixth generation Xeon chips are crucial for Intel, which has been steadily losing data center market share to Advanced Micro Devices (AMD)

Tech wrap May 24: WhatsApp's AI profile pics, X to make likes private, more

WhatsApp is testing AI-powered image generation tools for profile pictures. Intel has scheduled the launch of Lunar Lake processors for AI PCs for Q3. X will soon make likes private

Intel's Lunar Lake chips with support for Copilot+ experiences coming in Q3

PCs powered by Intel Lunar Lake chips will receive AI features exclusive to Copilot+ platform through software updates, unlike Qualcomm Snapdragon chip-powered PCs that will offer them out-of-the-box

ASUS launches Vivobook S series laptops with OLED displays: Price, specs

Offered in S 14, S 15, and S 16 variants, the ASUS Vivobook S series laptops will be available online on ASUS e-shop and Flipkart and at select retail stores from Rs 89,990 onwards

Mega Networks to set up AI server facility in Mumbai by end of the year

Mega Networks is an advanced networking solutions provider known for producing indigenous AI servers in India, partnering with chip giants like NVIDIA, Intel, and AMD

US revokes Intel, Qualcomm's export licenses to sell to China's Huawei

The move comes after the release last month of Huawei's first AI-enabled laptop, the MateBook X Pro powered by Intel's new Core Ultra 9 processor

Over 500 AI models are now optimised for Core Ultra processors, says Intel

Intel said the AI models optimised for Core Ultra processors are available from popular industry sources, including OpenVINO Model Zoo, Hugging Face, ONNX Model Zoo and PyTorch

Intel's on a mission to bring AI everywhere, says CEO Pat Gelsinger

Intel's latest Gaudi 3 processors are expected to improve AI compute performance by four times, compared to its predecessor

Intel unveils new AI accelerator chip in bid to gain footing on Nvidia

The updated processor, called Gaudi 3, will be widely available in the third quarter, Intel said at a company event early Tuesday

Intel discloses $7 billion operating loss in 2023 for chip-making unit

Chief Executive Pat Gelsinger said 2024 would be the year of worst operating losses for the company's chipmaking business and that it expects to break even on an operating basis by about 2027

China blocks use of Intel, AMD chips in govt PCs, to use local processors

The procurement guidance also seeks to sideline Microsoft's Windows operating system and foreign-made database software in favour of domestic options, the report said

US President Biden hails $20 bn for Intel, says Trump lost jobs to China

"Unlike my predecessor, I was determined to turn things around, to invest in America, all of America, all Americans. And that's what we've been doing," Biden said

Intel gets $20 billion in US grants, loans for semiconductor chip plants

The money also will help pay for equipment research and development and advanced packaging projects at smaller facilities in Oregon and New Mexico

India now distinct regional priority for Intel: Exec VP Christoph Schell

The global semiconductor industry is projected to reach a trillion-dollar valuation by 2030

Ex-Intel India head Saini killed after being knocked down by speeding cab

Former Intel India country head Avtar Saini was killed after a speeding cab hit him while he was cycling in Navi Mumbai township of Maharashtra, police said on Thursday. The accident took place at around 5.50 am on Wednesday, when Saini (68) was riding a bicycle along with fellow cyclists on the Palm Beach Road in Nerul area, an official said. The speeding cab hit Saini's bicycle from behind and the driver then tried to escape from the spot, with the bicycle's frame wedged under the front wheels of the cab, he said. Saini received injuries and the fellow cyclists rushed him to a hospital where he was declared dead on arrival, the official said. Saini, a resident of suburban Chembur, was credited with working on the Intel 386 and 486 microprocessors. He also went on to lead the design of the company's Pentium processor. The police have registered an FIR against the cab driver under various Indian Penal Code sections, including 279 (rash driving), 337 (causing hurt by doing an act .

HCLSoftware, Intel launch solution to power next generation 5G networks

HCLSoftware, a division of HCL Technologies, on Monday announced a strategic partnership with Intel Corporation to deliver a joint 5G User Plane Function (UPF) acceleration solution, aiming to power the next-generation 5G networks. The joint solution drives cost reduction for operational expenses and capital expenses by up to 80 per cent, the company said in a statement. HCLSoftware 5G UPF Acceleration Solution is a cloud-native software solution incorporating configurable hardware offloading capabilities for both network Edge and Core deployments. It said that the solution improves subscriber user experience and reduces costs for mobile network operators. HCLSoftware collaborated with Viettel Group, a telecom and technology firm based in Vietnam, to demonstrate the effectiveness of the UPF Acceleration Solution. The results showed improved 5G network throughput and reduced latency, ultimately expected to enhance subscriber user experiences and reduce mobile operator costs. "Our 5

Intel signs Microsoft as foundry customer, says on track to overtake TSMC

It said Microsoft will use its 18A technology to make an undisclosed chip and that it now expects $15 billion of foundry orders