Welcome to our dedicated page for Intel news (Ticker: INTC), a resource for investors and traders seeking the latest updates and insights on Intel stock.
Intel Corporation (NASDAQ: INTC) is an American multinational technology company headquartered in Santa Clara, California. As one of the world's largest semiconductor chip manufacturers by revenue, Intel has been a pioneer in the digital revolution, particularly known for its development of the x86 series of microprocessors, found in most personal computers today.
Intel's core business centers around the design and manufacturing of microprocessors for global markets, including personal computers and data centers. The company has been instrumental in advancing semiconductor technology, adhering to Moore's Law, which predicts the doubling of transistors on a microchip approximately every two years. This foresight has kept Intel at the forefront of the semiconductor industry.
In recent years, Intel has diversified its operations to include communications infrastructure, automotive solutions, and the Internet of Things (IoT). The company aims to leverage its extensive chip manufacturing expertise to adopt an outsourced foundry model, enabling it to construct chips for various external clients.
Intel's latest strategic shift involves the transition to an internal foundry model, a decision announced by the CEO on October 11, 2022. This model is designed to streamline the company's financial reporting by segregating manufacturing services into a distinct group, known as Intel Foundry Services (IFS). The move is expected to enhance cost savings and improve operating margins.
The company recently faced a class action lawsuit related to alleged misleading statements about the Internal Foundry model's financial performance. Despite these challenges, Intel continues to innovate and maintain its leadership in central processing units (CPUs) for both personal computers and servers.
Intel's ongoing projects and partnerships, particularly in the fields of AI, 5G technology, and autonomous driving, underscore its commitment to shaping the future of technology. With a strong financial foundation and a strategic vision for growth, Intel remains a pivotal player in the global semiconductor industry.
Intel will participate in Black Hat USA 2021, DEF CON 29, and BSides Las Vegas, providing insights on cybersecurity and threats targeting PCIe switches. Key presentations include 'PCIe Device Attacks: Beyond DMA' and 'Enabling the Holy Grail of Cryptography.' Events will occur from July 31 to August 8, 2021, both virtually and in Las Vegas. Intel's research team will discuss vulnerabilities, remediation efforts, and securing open-source software in an industry-wide context.
Intel Corporation unveiled a detailed process and packaging technology roadmap, featuring innovations that will influence products through 2025 and beyond. Key announcements include the new RibbonFET transistor architecture and PowerVia for backside power delivery. The company aims for swift adoption of next-generation High Numerical Aperture EUV lithography, with the first production tool expected to be received soon. Additionally, Intel's new naming structure for process nodes provides clarity, particularly beneficial for Intel Foundry Services. The roadmap also highlights performance improvements across various technology nodes.
Intel and Airtel Partnership: Intel has teamed up with Airtel to develop cutting-edge 4G and 5G virtualized radio access networks (vRAN) in India. This collaboration aims to enhance Airtel's infrastructure for over 345 million subscribers, optimizing services using Intel's technology, including Xeon processors and FlexRAN software. India’s growing digital landscape, with an estimated internet user base of 900 million by 2025, emphasizes the need for scalable networks. Both companies plan to innovate within the O-RAN Alliance to support India’s 5G ambitions.
Intel Corporation announced the election of Andrea Goldsmith to its board of directors, effective September 1, 2021. Goldsmith is the dean of engineering at Princeton University and has over two decades of experience at Stanford. She has co-founded two technology companies and serves on the boards of Medtronic and Crown Castle. Her expertise in wireless communications, particularly 5G technology, is expected to bring valuable insights to Intel. This addition increases board diversity, with 40% women and 30% racially or ethnically diverse members.
Intel has declared a quarterly dividend of $0.3475 per share, amounting to $1.39 annually. This dividend is set to be paid on September 1, 2021, to shareholders who are on record by August 7, 2021. The announcement highlights Intel's commitment to rewarding its investors while continuing to innovate in semiconductor technology. As a major player in the industry, Intel aims to advance the design and manufacturing of semiconductors to tackle global challenges and drive progress.
Intel is enhancing its IDM 2.0 strategy with new semiconductor process and packaging innovations. A webcast led by CEO Pat Gelsinger and Dr. Ann Kelleher will be held at 2 p.m. PDT on July 26, providing insights into these advancements. Participants can view the event live on the Intel Newsroom, with a replay available afterward. This initiative aims to accelerate Intel's innovation cycle and strengthen its position as a technology leader.
At the 2021 International Supercomputing Conference, Intel showcases its advances in high-performance computing (HPC), highlighting the 3rd Gen Xeon processors that deliver up to 53% higher performance across HPC workloads. Intel's partners include Dell Technologies and HPE, and significant gains in AI and memory capabilities are noted with the upcoming Sapphire Rapids processors featuring integrated High Bandwidth Memory. The Xe-HPC GPU (Ponte Vecchio) is also introduced, aiming to enhance HPC and AI workloads. Additionally, Intel announces commercial support for DAOS, optimizing data exchange across HPC architectures.
Parallel Wireless has been chosen by Axiata Group as a strategic partner to implement O-RAN networks for digital telcos in Southeast and South Asia, enhancing both 2G and 4G broadband connectivity. The trial involved replacing existing infrastructure with Open RAN solutions during Covid-19 restrictions, successfully demonstrating quality network performance. Axiata aims for commercial deployment by Q4 2021. This collaboration will utilize a cloud-native architecture and improve service agility while lowering costs for Axiata's operations.
Intel and Microsoft have enhanced their partnership to deliver a reimagined computing experience with Windows 11. The collaboration targets over 75% of Windows PCs, powered by Intel processors. Innovations include Intel Bridge Technology that enhances mobile app compatibility on PCs, ensuring optimal performance and user experiences. Intel has pre-verified over 80 Windows-based Intel Evo platforms from major manufacturers, aiming for a broad range of computing experiences for users.
Intel has announced significant changes to its executive leadership team, with two new technology leaders joining and existing executives taking on new roles. Sandra Rivera becomes executive vice president and general manager of Datacenter and AI, while Nick McKeown will lead the newly formed Network and Edge Group. Greg Lavender joins as CTO and heads the Software and Advanced Technology Group, and Raja Koduri will lead the Accelerated Computing Systems and Graphics Group. These moves aim to accelerate innovation and focus on key growth areas.
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