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Lusix lost $65 million as lab-grown diamond prices plummeted
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Intel ends car leasing program in latest cost-cut
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Intel shutting down startup accelerator Ignite amid massive cuts
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Intel

20 stories about Intel
מטה אינטל ב קליפורניה

Intel races against time to complete layoffs amid financial losses

05.09.24|CTech
Failed Broadcom chip test threatens foundry plan as Intel looks to 2027. 
זוהר צבע אינטל

“The results speak for themselves. Israel will remain at the center of Intel's global efforts”

04.09.24|Itai Smuskowitz
Zohar Tsaba, Vice President of the Client Computing Group at Intel and the head of its Lunar Lake program, has no doubt that the chip giant will continue to invest in its Israel center despite undergoing dramatic cutbacks. “There is depth and technological and professional expertise here that really doesn't exist anywhere else.”
הדור השני של מעבדי Intel Core Ultra

Intel's Lunar Lake chips driven by Israeli innovation challenge Qualcomm and AMD

03.09.24|Itai Smuskowitz
Development centers in Haifa and Petah Tikva played a crucial role in Intel's AI-powered processors.
מנכ"ל אינטל פט גלסינגר משיק שבב AI גאודי 3

Intel faces Dow Jones ouster: Is Nvidia set to take its place?

03.09.24|Reuters
With Intel's shares down more than 70% from a record high in August 2000, the Dow may turn to Nvidia as the new tech heavyweight. 
מנכ"ל אינטל פט גלסינגר 2 אפריל 2024

Intel's CEO to unveil aggressive cost-saving measures at pivotal board meeting

02.09.24|Reuters
Gelsinger’s strategy could include selling Altera and freezing factory expansions. 
משרדי אינטל ב פתח תקווה

Intel ends car leasing program in latest cost-cut

01.09.24|Meir Orbach
The chip giant’s Israel management is aiming to save around $3.3 million by axing leasing as part of a broader layoff prevention strategy. 
מנכ"ל אינטל פט גלסינגר אפריל 2024

Intel CEO Pat Gelsinger: "We see the finish line in sight"

30.08.24|CTech
"We respect some of the skepticism we've received from the market, but we believe we're up for the challenge," he added, despite the company's stock falling 59% this year and the significant cutbacks announced earlier this month. 
Intel Ignite Tel Aviv hub

Intel shutting down startup accelerator Ignite amid massive cuts

29.08.24|Meir Orbach
Ignite is set to officially close in November, with the ninth and final cohort getting underway this past May.
לוגו אינטל

Intel's layoff plan enters new phase after voluntary retirement program closes

28.08.24|Meir Orbach
With initial retirements complete, Intel focuses on additional layoffs and operational scaling. 
משרדי אינטל פתח תקווה

Intel’s AI struggles and bureaucratic culture led to key board member’s abrupt exit

27.08.24|Reuters
Lip-Bu Tan’s departure highlights internal conflicts and strategic misalignments at the faltering chip maker.
אינטל

Lawsuit alleges Intel fired Jewish VP for complaining about anti-Israel bias

14.08.24|Reuters
Former IDF soldier sues after alleging retaliation for reporting supervisor's anti-semitic posts.
מטה אינטל ו סם אלטמן

How Intel passed on OpenAI: The billion-dollar what-if

07.08.24|Reuters
In 2017 and 2018, Intel executives discussed buying a 15% stake in OpenAI for $1 billion, with the option of an additional stake if they provided hardware at cost. However, Intel ultimately declined the deal, as then-CEO Bob Swan doubted generative AI would reach the market soon enough to justify the investment.
פט גלסינגר מנכ"ל אינטל ה עולמית

Up to 19 months of pay: What Intel is offering employees for early retirement

07.08.24|CTech
Employees with five years of service will receive four months' salary, those with over 10 years will be entitled to 10 months' salary, and employees with more than 30 years of service will receive 19 months' salary upon retirement. 
אינטל אריזונה

Intel laying off more than 15% of workforce, cutting costs by $10 billion

02.08.24|Omer Kabir
The chip giant said it will part ways with around 15,000 employees globally by the end of the year after registering a loss of $1.6 billion in the second quarter of 2024.
פט גלסינגר אינטל

Intel’s mass layoffs: A desperate move that might not be enough

01.08.24|Omer Kabir
Cutting thousands of jobs may offer temporary relief, but Intel’s long-term outlook remains shaky.
Edge of Tech Logo

Startup Nation prepares for Intel layoffs - and Israel's Most Promising Startup just got more money

01.08.24|CTech
Also on our AI-native show: Pagaya acquiring asset firm Theorem in deal valued at tens of millions of dollars
בניין אינטל ב חיפה

Intel to layoff thousands of employees in latest round of cutbacks

31.07.24|Omer Kabir
According to a Bloomberg report, the chip company could present the plan as early as this week. 
כנס צמיחה קארין אייבשיץ סגל סגנית נשיא תאגידי ומנכלית משותפת אינטל ישראל

“Intel is the only Western company that manufactures silicon chips with the most advanced technology and this is an opportunity”

27.06.24|Shaked Green
Karin Eibschitz Segal, VP at Intel, added that “Intel's uniqueness in AI is that it is one of the only companies in the world that has a full portfolio—meaning the ability to develop end-to-end solutions."
אפליקציה מוביט ברצלונה Moovit

Mobileye’s Moovit cutting 10% of staff

19.06.24|CTech
Around 20 employees are being let go by the company, which was acquired for $1 billion four years ago
Cyber Edge

Israel's "groundbreaking" cancer treatment and a new $35 million Seed round?

14.06.24|Elihay Vidal
Our AI-generated hosts talk through some of tech's biggest stories this week 
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