Intel Corporation (INTC) News

Intel cutting employees' pay, trimming CEO salary by 25% in downturn

• Intel (NASDAQ:INTC) is responding to a downturn by making companywide cuts to employee pay, with mid-level workers seeing 5% cuts, senior leaders will see reductions of 10-15% and CEO Pat Gelsinger cutting his base salary by 25%.
• The hourly workforce won't see a pay cut, Reuters reported.
• Intel is also cutting its 401(k) match to 2.5% from 5% and suspending merit raises and quarterly performance bonuses, according to that report.
...

Seeking Alpha | February 1, 2023

It's A Really Bad Sign For Everyone. Just Don't Call It Unexpected.

Big-name warnings are all pointing us toward a near-term future that is likely to produce a lot of tears before it's over.

TalkMarkets.com | January 30, 2023

Big Shift Ahead? 3 Must-Watch Stocks Facing Pivotal Moments

These companies are at a crossroads, switching from 2023 slowdowns to new ventures or business plans.

Chris Lau on InvestorPlace | January 30, 2023

7 Sorry Dividend Stocks to Sell in February Before It’s Too Late

These dividend stocks to sell have weak underlying fundamentals, offering little upside potential ahead for investors

Muslim Farooque on InvestorPlace | January 30, 2023

Apple says using its own chips gives it a ‘unique advantage’ over PC industry

It’s been a little more than two years since Apple (AAPL) kicked long-time partner Intel (INTC) to the curb in favor of designing its own chips. And with its latest processors hitting the market in its new MacBook Pros and Mac minis the tech giant says its bet has paid off handsomely. “If you look […] The post Apple says using its own chips gives it a ‘unique advantage’ over PC industry appeared first on TECHTELEGRAPH .

Techtelegraph | January 30, 2023

Intel’s new driver update for Arc Alchemist keeps its GPU dreams alive

Intel has steered a bumpy road with its Arc Alchemist graphics cards, but a forthcoming driver update might offer a sizeable enough performance gain to keep the company’s hopes of cracking into the discrete graphics market alive a little while longer. Since the launch of the first Intel Arc A380 discrete GPU, halfway into 2022, […] The post Intel’s new driver update for Arc Alchemist keeps its GPU dreams alive appeared first on TECHTELEGRAPH .

Techtelegraph | January 30, 2023

Intel''s new driver update for Arc Alchemist keeps its GPU dreams alive

New GPU drivers from Intel might help embattled Arc graphics cards become more competitive against AMD and Nvidia

TechRadar | January 30, 2023

Chinese Nuclear Lab Uses Intel, Nvidia Chips Despite Ban

China''s Academy of Engineering Physics used Xeon Gold and GeForce RTX for nuclear research.

Tom''s Hardware | January 30, 2023

Intel has killed off its open-source RISC-V dev environment

Intel has shut the doors on its RISC-V Pathfinder environment, having only launched it in August 2022.

TechRadar | January 30, 2023

Intel Disaster Spells Catastrophe for Most Chip Stocks

Last week, Intel (NASDAQ:INTC) brought out its earnings report. The news wasn’t good, and investors didn’t take it well. The impact of Intel’s disa…

TipRanks | January 30, 2023