Intel CEO Pat Gelsinger Announces Retirement After Four Decades of Service
Intel Corporation's CEO Pat Gelsinger is set to retire effective December 2024, concluding over 40 years with the company. Two interim co-CEOs will lead while the board searches for a permanent successor, marking a significant leadership transition for the semiconductor giant.
Intel CEO Pat Gelsinger Steps Down After Turbulent Four-Year Tenure
Intel announces the sudden retirement of CEO Pat Gelsinger amid declining revenues and manufacturing challenges, despite securing billions in CHIPS Act funding. The company has appointed interim co-CEOs while searching for a permanent successor to lead its ongoing transformation efforts.
Intel Arc B570 GPU Specs Leak Reveals NVIDIA RTX 4060 Ti Competitor
Intel's upcoming Arc B570 Battlemage GPU has been spotted at a French distributor, featuring 10GB GDDR6 memory and 2.6 GHz boost clocks. Early rumors suggest it could outperform NVIDIA's RTX 4060 Ti while targeting a $200 price point.
Intel's Arc Battlemage GPUs: December Launch Date Revealed Through Chinese Manufacturer
Intel's next-gen Arc Battlemage graphics cards are set for a December 4 reveal, according to Chinese GPU maker Gunnir's teaser. The launch will introduce two models targeting budget and mid-range segments, with reviews expected shortly after the announcement.
Intel Secures Record $7.9B CHIPS Act Grant for US Semiconductor Expansion
The US Department of Commerce awards Intel nearly $8 billion in CHIPS Act funding to boost domestic semiconductor manufacturing across multiple states. The historic investment aims to create 30,000 jobs while strengthening America's chip production capabilities and reducing foreign dependencies.
Intel Faces Legal Battle Over Faulty Raptor Lake CPU Voltage Issues
A class action lawsuit alleges Intel knowingly sold defective 13th and 14th generation processors with voltage control problems that can permanently damage computers. Despite user complaints since launch, Intel's delayed software fix reportedly impacts performance while leaving many prebuilt system owners without recourse.
AMD Dominates CPU Market with Ryzen 9800X3D Launch Success
AMD's Ryzen 7 9800X3D processor takes the gaming world by storm, capturing over 90% of CPU sales at a major retailer. Intel struggles to compete as AMD's X3D lineup solidifies its position as the top choice for gamers and enthusiasts.
Intel's Battlemage GPUs: A Potential Game-Changer for Budget Gamers
Rumors suggest Intel may release Battlemage GPUs in December, potentially filling a gap in the neglected budget GPU market. This move could challenge Nvidia and AMD while establishing Intel's Arc brand as a serious contender.
AMD's Market Share Surge Challenges Intel's CPU Dominance
AMD's consumer desktop CPU market share has risen to 28.7%, signaling a significant challenge to Intel's long-standing dominance. This growth, driven by AMD's Ryzen series and EPYC server chips, marks a new era of competition in processor technology.
Chinese Chipmaker Loongson Challenges Intel with Powerful 7nm CPUs
Loongson's new 7nm CPUs reportedly outperform Intel's Raptor Lake, showcasing China's technological progress. The company's innovative 'tock-tock-tick' strategy and upcoming fourth-generation chips aim to compete with top Western manufacturers.