Intel ex-CEO sued over misleading disclosures
Foundry Division issues
Intel’s former CEO Pat [kicking] Gelsinger and current co-CEO and CFO David Zinsner are being sued by a shareholder accusing the executives of mismanagement and misleading disclosures related to the company’s Intel Foundry Services (IFS) division.
TSMC denies helping Chipzilla
Rumors are "Misunderstanding"
Semiconductor Manufacturing Company (TSMC) has denied claims of aiding Intel in resolving its "foundry matters," dismissing such assertions as a "mere misunderstanding."
Troubled Chipzilla contemplates spinning off manufacturing
Cutting bits off
Intel, which built its reputation on being both designer and manufacturer of cutting-edge chips, openly admits that its manufacturing arm might be put on the chopping block.
Former Intel chief calls for “prayer and fasting” to save the company
Intel living on a prayer divine intervention needed
Former Intel chief Pat [kicking] Gelsinger, who stepped down from his leadership post a week ago, appears to have had a religious awakening. He is calling on people to join him in prayer and fasting for the struggling chipmaker's employees.
Kicking Pat retires
Gelsinger failed to turn Chipzilla around fast enough
Pat [kicking] Gelsinger was retiring from Chipzilla retirement and stepped down from the board of directors -- effective immediately.
Chang claims Cook had a gutsful of Intel
Complained to Chang
The supreme pooh bah of the fruity cargo cult Apple Tim Cook didn't mince words when discussing Intel's contract manufacturing division with TSMC founder Dr. Morris Chang (pictured).
Qualcomm has lost interest in Intel takeover
Kicked the tyres and a bit worried about the rust
Pretty much as we expected, Qualcomm has lost interest in buying Chipzilla.
Disparity in chipmakers' R&D budgets
Nvidia surges ahead of AMD and Intel
Tech Fund has revealed a significant disparity in research and development (R&D) budgets between competing hardware makers AMD and Nvidia. Troubled Intel appears weaker than both despite its vast R&D expenditure.
Intel loses a swag of CHIPS Act money
More than $2 billion
The Biden administration is expected to trim the federal grant funding troubled Chipzilla initially anticipated receiving from the CHIPS and Science Act after the semiconductor maker won a significant defence contract.
Chipzilla selling off family silver
Property sales
Chipzilla is flogging off its 150-acre campus in Folsom, California to cut costs amid plummeting sales. It is also considering the future of its 50-acre Hawthorn Farm property as part of a cunning plan to consolidate operations at its Silicon Valley headquarters.