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Intel

20 stories about Intel

What drove Pat Gelsinger to step down as Intel CEO? Inside the tumultuous tenure

02.12.24|CTech

Missteps, delays, and strained partnerships defined his three-year journey.

Intel’s foundry spinoff and $7.86 billion subsidy highlight importance of Israeli manufacturing

28.11.24|CTech and Reuters

The chip giant’s restructuring aligns with its ongoing investments in Israel’s advanced semiconductor capabilities.

הנשיא ביידן עם מנכ"ל אינטל פט גלסינגר 2024

Intel gets $7.86 billion US grant to advance domestic semiconductor output

26.11.24|Reuters

The funding supports Intel’s push to return American manufacturing to the forefront amid shifting global technology dynamics.

Intel’s startup accelerator shuts down when entrepreneurs need support more than ever

26.11.24|Itamar Friedman

"Unlike other accelerator programs that have an interest in serving those behind the program, Intel Ignite did not push startups in a different direction, and the support provided to entrepreneurs followed the path they chose," writes Itamar Friedman, co-founder & CEO of Qodo, and an Intel Ignite alumni.

$100M in savings not enough to justify Intel’s coffee cut

10.11.24|CTech

Intel reinstates coffee and tea service, acknowledging the importance of small perks for employee morale. “Although Intel still faces cost challenges, we understand that small comforts play a significant role in our daily routines,” the company stated.

Intel restores car benefit, citing progress on savings goals: "We understand the importance of this to employees"

07.11.24|Allon Sinai

New allowance plan comes as Intel restores key perks, amid efforts to stabilize morale during massive cost reductions. “Given our progress against our savings objectives, we have decided to retain the car benefit,” Christy Pambianchi, Intel's Executive Vice President and Chief People Officer, wrote to employees.

Lyft partners with Israeli companies Mobileye and Nexar to offer autonomous mobility at scale

06.11.24|James Spiro

The partnerships aim to establish a foothold in the autonomous vehicle market starting in Atlanta next year.

Intel Israel's layoffs are less severe than global cuts, but ambiguity persists

06.11.24|Allon Sinai

The exact number of job losses remains uncertain due to a decentralized approach to workforce reductions.

Intel brings back free coffee, considering return of company cars

06.11.24|Meir Orbach

Following employee discontent, Intel Israel partially reverses benefits cuts as it seeks to boost morale amid ongoing layoffs.

Intel aims to net billions in Altera stake sale, targeting $17 billion valuation

05.11.24|Reuters

Buyout firms Silver Lake, Bain Capital and Francisco Partners are among the potential suitors that are likely to compete to acquire a minority stake in Altera. "We remain focused on selling a stake in Altera on a path to its IPO in the coming years. To that end, we have begun discussions with potential investors and expect to conclude in early 2025," said Intel CEO Pat Gelsinger.

מנכ"ל אינטל פט גלסינגר משיק שבב AI גאודי 3

Four years and billions later, Intel’s Habana Labs is still searching for success amid layoffs

03.11.24|Allon Sinai

As Intel grapples with layoffs and massive cost-cutting, its high-stakes $2 billion acquisition of Habana Labs in 2019 has struggled to make a dent in Nvidia’s dominance.

Intel's workforce questions its future amid layoffs and shrinking benefits

01.11.24|Allon Sinai

Intel’s challenges in the AI-driven chip industry are well-documented, as the company strives to pivot away from its traditional PC business and focus on data centers, AI, and foundry services. Yet, for employees, the more immediate reality is a mix of diminishing benefits, increased pressure, and fading morale.

Intel’s struggles deepen with $16.6 billion loss but AI chip growth provides hope

31.10.24|Sophie Shulman

Company eyes AI and data center demand as it cuts costs and reorganizes.

מטבח מאובזר בפירות, ירקות ושלל סוגי גרנולות

From Intel to Meta: How high-tech giants are rethinking employee perks

31.10.24|Maayan Manela

With coffee cuts and meal reductions, the tech industry shifts its approach to benefits.

Intel issues ultimatum to employees to decide whether to take severance or fight layoffs

30.10.24|CTech

Following months of delay, Intel workers in Israel have days to decide whether to take a layoff package or appeal their terminations.

Pat Gelsinger’s Intel vision: An unfulfilled mission with mounting losses

29.10.24|Reuters

With revenue declines, strained TSMC ties, and unmet AI targets, Intel’s comeback strategy under Gelsinger reflects both ambition and deep-seated challenges.

Intel's biggest revenue decline in five quarters to hit amid broad layoffs and missed AI boom

29.10.24|Reuters and CTech

With revenues slipping and layoffs underway, Intel faces renewed questions on its data center strategy and generative AI prospects.

מימין טל סייג ו אסף עזרא מייסדי Granulate

Intel shuts down Granulate less than three years after $650M acquisition

29.10.24|Meir Orbach

Intel is closing the Israeli startup it acquired in 2022, laying off its entire workforce of over 100 employees amid sweeping global cutbacks.

"Why should I stay at Intel?" Employees question future as layoffs loom

28.10.24|Omer Kabir

Amid layoffs and new austerity measures, Intel Israel employees weigh whether loyalty to the company still holds value.

Granulate’s fate uncertain amid Intel layoffs, less than three years after $650M acquisition

27.10.24|CTech

Intel’s sweeping layoffs and cost-cutting moves mean Granulate’s operations and workforce are also in jeopardy.

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