Intel CEO outlines AI-driven strategy in keynote debut - Breaking The News
Download our appPlay StoreApp Store

Intel CEO outlines AI-driven strategy in keynote debut

EPA/JAGADEESH NV

Intel Corp. CEO Lip-Bu Tan delivered his first keynote at Intel Vision in Las Vegas, marking his debut since taking the role.

Tan announced plans to spin off Intel's non-core businesses, possibly later this year, as part of a strategic shift. He outlined Intel's priorities, including advancing client computing, expanding AI applications and strengthening data center capabilities.

Moving forward, he said Intel will prioritize developing custom silicon products. He also emphasized the company's goal of building the industry's broadest ecosystem of AI software and driving AI adoption at the edge.

Related Stocks
Intel Corporation
Related News
Intel may offer discounted stake to more investors
Intel Corp. is in discussions with major investors to receive an equity infusion at a discounted rate, sources familiar with the matter told CNBC on Wednesday.According to the report, the company is now looking beyond SoftBank's $2 billion investment as it seeks additional capital to fund future projects. "They need money to build whatever it is that the customers may actually, ultimately want, CNBC's David Faber said on Squawk on the Street."And having...
Intel drops 6% on Trump investment stake talks
Intel Corp. shares fell 6% on Wednesday after reports that the United States government may take a significant stake in the company, raising concerns among investors about potential market interference and uncertainty over future governance.Micron Technology, Inc. and Taiwan Semiconductor Manufacturing Company, Ltd. also slid on fears they could face similar government involvement. Micron Technology's stock fell 5.83%, while the second...
Intel rises 6% on Softbank investment deal
Intel's shares rose 6% in premarket trading on Tuesday following news that the tech giant signed an agreement with Softbank, which pledged to invest $2 billion in the company's common stock.The agreement appears to have renewed investor optimism in the chipmaker, which had been shaken by recent rumors that the Trump administration might take a 10% equity stake in the company. At the same time, Washington's interest in strengthening domestic...
SoftBank to invest $2 billion in Intel
Intel Corporation announced it has signed a definitive securities purchase agreement with SoftBank Group Corp. for a $2 billion investment.According to Intel's statement, SoftBank will invest $2 billion in its common stock, which translates into a payment of $23 per share. "The investment comes as both Intel and SoftBank deepen their commitment to investing in advanced technology and semiconductor innovation in the United States," the announcement...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.