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Business

Trump reverses course on Intel CEO amid US-China chip showdown

Just days after demanding that Intel's CEO step down over alleged conflicts tied to China, Trump met with him in the White House — a whiplash reversal that sent the company's stock soaring.

Business

Intel's stock tumbles after President Trump says its CEO must resign

Trump said on his Truth Social platform that Lip-Bu Tan was "highly conflicted", but did not elaborate. The president was seemingly accusing Tan of holding problematic ties with the Chinese Communist party.

Business

Losses and job cuts at Intel as chipmaker drops projects in Europe

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's future, as it has just reported further losses for the second quarter of the year.

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Tech News

Intel's CEO steps down amid financial woes at US chipmaker

Intel's CEO is stepping down after less than four years, underscoring the turmoil at the computer chipmaking company.

Europe News

EU judges confirm annulment of tech giant €1.06 billion fine

After almost 20 years of legal battle, the European judges have ruled in favour of US tech giant Intel annulling a €1.06 billion fine imposed by EU antitrust enforcer.

Europe News

Intel: clarity on competition? - Newsletter

This week's key events presented by Euronews' senior trade and competition reporter Peggy Corlin.

Business

Intel postpones construction of German chip factory for two years

US chip-maker Intel has announced plans to postpone the construction of a factory in Germany for at least two years.

Business

Intel unveils plans to axe 15% of workforce in cost saving initiative

The company also issued a revenue warning for the third quarter of the year, revealing that it was planning to focus more on artificial intelligence semiconductors, instead of traditional data centre ones in the coming months.

Tech News

How AI is at the heart of the Paris 2024 Olympics

Euronews Next went to the Olympic venues in Paris to find out how artificial intelligence (AI) has been integrated into the 2024 Games.

Business

US bans Qualcomm and Intel from exporting some chips to China

The move would primarily impact Huawei, a major Chinese smartphone and laptop manufacturer, which is suspected of having ties to the Chinese government and military.

Business

Intel gives Nvidia run for money with new Gaudi chip

Intel has become the latest tech company to release its own artificial intelligence chip, in an attempt to weigh in on the AI boom.

Business

China chips away at use of Intel and AMD units in government computers

The step comes as Beijing adopts new rules to replace foreign technology with its own.

Tech News

OpenAI and Intel CEOs discuss AI's need for processing power

CEOs of OpenAI and Intel cite artificial intelligence's voracious appetite for processing power

Business

Intel has just sealed the largest investment ever in Israel

The chip maker has agreed to invest billions in Israel after securing a generous incentive from the country's government.

Tech News

EU fines Intel €376 million for abusing position in chips market

According to the EU, Intel engaged in anticompetitive practices that excluded competitors from the market in breach of antitrust rules.

Germany

Intel to build €30 billion chip plant in Germany

The German government is to provide a third of the cost. It is also the largest foreign direct investment in the modern history of the country.

USA

Tech giants scramble to fend off chip security flaws

Hundreds of millions of iPhone and iPad users could be at risk of hacking until Apple releases a patch to its Safari web browser that protects them from "Spectre", one of the two major vulnerabilities discovered this week.

World News

Serious security flaws found in most computer chips

The vast majority of all computer devices in the world have been found to be venerable to attack

Business Series

Intel drives ahead with Mobileye purchase

US microchip maker Intel is buying Israeli driverless technology firm Mobileye which could give it a dominant role in the autonomous-driving sector.