Tag: Qualcomm Inc

2024-10-19

Intel seeks billions for minority stake in Altera business, sources say

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Business

Pat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office Building on Wednesday, March 23, 2022. Tom Williams | CQ-Roll Call, Inc. | Getty Images Intel is looking to sell at least a minority stake in its Altera unit in a…

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2024-08-26

Intel has hired Morgan Stanley to defend against activists: sources

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Business

A sign is posted in front of Intel headquarters on August 01, 2024 in Santa Clara, California.  Justin Sullivan | Getty Images News | Getty Images Intel is working with advisors including Morgan Stanley to help defend itself against activist investors, according to people familiar with the matter, as CEO Pat Gelsinger attempts to turn around the struggling chipmaker….

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2024-08-03

Intel share plunge drags down global chip stocks from TSMC to Samsung

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Business

Pat Gelsinger, chief executive officer of Intel Corp., speaks during the Computex conference in Taipei, Taiwan, on Monday, June 4, 2024. Gelsinger took the stage at the Computex show in Taiwan to talk about new products he expects will help turn back the tide of share losses to peers, including AI leader Nvidia Corp. Photographer: Annabelle Chih/Bloomberg via Getty Images Bloomberg…

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