Intel | News, Hiring, Layoffs, Competitors, CEO, Fundraising Insights

Intel’s mission is to shape the future of technology to help create a better future for the entire world. By pushing forward in fields...


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Intel’s mission is to shape the future of technology to help create a better future for the entire world. By pushing forward in fields like AI, analytics, and cloud-to-edge technology, Intel’s work is at the heart of countless innovations. They are known for their semiconductor design and manufacturing, contributing to advancements in artificial intelligence, autonomous driving, and various computing solutions.

Website
Headquarters
Santa Clara, California
Size
10,001+ employees
Industry
Semiconductor Manufacturing
Specialities
semiconductor design and manufacturing, artificial intelligence, autonomous driving, non-volatile memory solutions

🛍️ Intel Product and Pricing News →

👔 Intel CEO, Management and Leadership Team →

⚔️ Intel Alternatives and Competitors →

💼 Intel Hiring and Layoffs →

🤖 Intel Developer, Integration and Automation News →

📈 Intel Financials, Fundraising and Valuation News →

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🛍️ Intel Product and Pricing News

  • Intel co-developed the FIPS 205 post-quantum cryptography standard with an international team, using the SPHINCS+ algorithm to enhance data security against future quantum threats.
  • Intel's Parallel STL, which supports C++17 Parallel Algorithms, will soon be the base for libstdc++ for GCC, enhancing its compatibility with Intel processors.
  • Intel's latest Xeon processors now include the Intel Dynamic Load Balancer accelerator to optimize network performance.
  • SECO has launched the SOM-SMARC-ASL module featuring Intel Atom x7000RE Series Processors for industrial IoT and AI applications, with samples available before full availability in Q4 2024.
  • Intel's podcast 'Technically Speaking' won a Bronze and a Listener's Choice Award at the 2024 Signal Awards.

  • Intel opened its AI Experience store on 95 Oxford Street, showcasing AI-powered PCs and immersive demos in partnership with Currys plc.
  • Intel launched its AI PC concept store on Oxford Street in London, led by Vana Ghazarian MBA, PMP, in collaboration with FutureStores.
  • Intel will showcase its new Gaudi 3 AI accelerator and Xeon 6 data center processors at the Intel AI Summit on November 13.

👔 Intel CEO, Management and Leadership Team


⚔️ Intel Alternatives and Competitors

  • AMD
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  • IBM
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  • NVIDIA
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  • Samsung
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  • Qualcomm
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  • Taiwan Semiconductor Manufacturing Company (TSMC)
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  • Micron Technology
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  • Texas Instruments
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  • NXP Semiconductors
  • |
  • Applied Materials
  • |
  • Analog Devices

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💼 Intel Hiring and Layoffs

  • Intel CEO Pat Gelsinger announced that the company's AI and foundry businesses are driving growth, with stock rising over 6% after exceeding Q3 expectations and completing major layoffs.
  • Bartosz Ciepluch has been appointed as VP, General Manager Solution Engineering Division for Edge at Intel.
  • Roman Zhukov has been appointed as Head of Product Security & Privacy for Data Center and AI SW business at Intel.
  • Intel is currently seeking a Supply Planning IT End-to-End Solution Lead in the United States.
  • Rakesh Cheerla has left Intel as Director, Product Line Management in the United States to join Enfabrica as Sr. Director, Product Management.

  • Haritha Mogilisetti has left Intel as a Graphics and Server Test Program Engineering Manager, Project Manager, Product Manager in the United States to join HealthDox as Director of Operations.
  • Mike M. has joined Intel as Vice President Construction and Facilities Supply Chain (Interim) in the United States.
  • Olivia Hughes has joined Intel as Senior Director of Marketing in Ireland, previously serving as Vice President Marketing at Axelera AI.

🤖 Intel Developer, Integration and Automation News

  • Intel has partnered with Hewlett Packard Enterprise, WaitTime, and TD SYNNEX to launch a next-gen AI-powered crowd analytics solution that operates without a GPU.


📈 Intel Financials, Fundraising and Valuation News

  • Intel's stock rose by 12% after Q3 earnings report due to strong data center revenue and a positive Q4 forecast.
  • Intel announced advancements in 18A, AI PCs, and Foundry Services in their Q3 2024 results.
  • Intel shares jumped 7% after reporting better-than-expected earnings and issuing positive guidance amid a major restructuring initiative.
  • Intel reported $13.3 billion in revenue, surpassing forecasts, but missed earnings expectations with an EPS of -$0.46.
  • Intel announced its third-quarter 2024 financial results.

  • Intel announced it will miss its $500 million sales goal for the Gaudi 3 AI accelerator due to software issues, as stated by CEO Pat Gelsinger.

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