Pat Gelsinger

No quick fix for Intel’s woes as chief executive exits

Pat Gelsinger’s decision to step down was initially greeted enthusiastically, with shares rising only to subsequently slide lower

Sun Dec 08 2024 - 06:00

South Korean drama of a fictional kind as Netflix winds up the Squid Game hype machine in Paris

Planet Business: Words of the year, Intel’s interim arrangement and the Death Clock app that claims to predict your likely date of death

Sat Dec 07 2024 - 06:15

Intel’s CEO departure opens door to fresh deal discussions

Pat Gelsinger, who stepped down as CEO on Monday, was said to be against breaking up the chip giant

Tue Dec 03 2024 - 13:41

Intel chief Pat Gelsinger to quit with US chipmaker in crisis

Semiconductor company appoints interim co-chiefs while it searches for a permanent replacement

Mon Dec 02 2024 - 16:04

How Intel fell from dominant chipmaker to struggling also-ran

Onetime part of the dotcom’s ‘four horsemen’, chipmaker is now trailing rivals and betting the house on foundry plan

Thu Aug 08 2024 - 05:00

Intel’s Irish staff await news on how global job cuts will affect Leixlip operation

Chipmaker plans to cut 16,500 posts globally but impact on 4,900 employees in Ireland not yet clear

Fri Aug 02 2024 - 19:54

Intel to cut close to 17,000 and suspend dividend

Chip giant undershoots profit and sales forecasts for second quarter and disappoints in outlook

Thu Aug 01 2024 - 21:39

Intel boss calls share rout ‘overstated’ after worst decline since 2020

Shares in chipmaker, which employs more than 6,000 in the State, fell as much as 13%

Fri Jan 26 2024 - 19:29

‘You learn a lot when you’re in a space where you have very challenging roles’

Ann Kelleher was appointed an executive vice-president of Intel in 2021, the first time an Irish person had held such a senior role

Fri Oct 20 2023 - 06:31

Intel CEO needs to land a big customer, and the clock is ticking

The chipmaker boss is on a mission to revitalise the company

Thu Oct 12 2023 - 20:20

Leixlip leapfrogs back to top of chip chain

Opening of Fab 34 means Irish facility is first in Europe to begin high volume production of new chip technology

Sat Sept 30 2023 - 05:30

New advanced chip facility in Leixlip will put Ireland at centre of AI revolution, says Intel chief

Pat Gelsinger dubs Ireland ‘silicon isle’, with new Fab 34 plant set to double the company’s chip manufacturing capacity here

Fri Sept 29 2023 - 13:48

Intel chief executive to visit Leixlip plant

Gelsinger trip not expected to signal wider announcement with company saying chipmaker’s boss is a regular visitor to Ireland

Tue Feb 28 2023 - 10:27

Intel downbeat as Ukraine war and China lockdowns threaten PC sales

News sends chipmaker’s shares sharply lower

Thu Apr 28 2022 - 22:07

Is Intel’s €12bn project injection just a glass half full?

Investment in existing Irish development as chip giant charts ambitious European expansion

Thu Mar 17 2022 - 05:08

Intel commits to further €12bn spend in Ireland

Move comes as Germany confirmed as location for two new semiconductor factories

Tue Mar 15 2022 - 13:00

Intel takes delivery of chipmaking tool for new Irish project

Construction on Fab 34 began in 2019 with the facility due to start production in 2023

Wed Jan 19 2022 - 17:36

Intel says no final decision yet on future European investments

Reports suggest the Republic has lost out to Germany, Italy and France on €80bn spend

Thu Dec 23 2021 - 15:25

Intel appoints Dr Ann Kelleher as executive vice president

Appointment of Macroom native is first time an Irish person has held the role

Tue Nov 16 2021 - 08:35

Chips up for Intel as European states compete to woo the tech giant

US company’s next mega-investment seems unlikely to be Ireland-bound

Sat Oct 23 2021 - 06:00

Republic faces competition from Germany and Italy for Intel investment

Germany emerges as frontrunner to land even bigger megafactory planned by US company

Fri Oct 22 2021 - 15:13

Intel shares drop 4% as sales fall short of estimates

Chipmaker forecasts fourth quarter revenues above expectations

Thu Oct 21 2021 - 21:22

US lawmakers nearing potential breakthrough on debt ceiling

Stop-gap measure considered to extend limit to December

Thu Oct 07 2021 - 08:40

State in running for new multibillion Intel investment

Tech giant planning to invest up to $80bn in Europe over next decade

Thu Sept 09 2021 - 17:15

Intel chief says more consolidation needed in chip industry

US manufacturer also expects supply chain crunch to come to a head this summer

Fri Jul 23 2021 - 09:20

Intel seeks €8bn in subsidies for European chip plant

Chip manufacturer eyes Germany and Benelux states for potential semi-conductor factory

Fri May 07 2021 - 16:58

Intel reports drop in data centre revenue amid battle for market share

Chipmaker’s gross profit margin has slipped to 55.2%

Thu Apr 22 2021 - 21:58

How Intel ended up investing billions in Ireland

Investment is about to top $22bn but State very nearly did not get a penny from US chipmaker

Fri Mar 26 2021 - 04:45

Intel’s Irish expansion, Microsoft’s Irish profits and banks’ cash for fossil fuels

Business Today: the best news, analysis and comment from The Irish Times business desk

Wed Mar 24 2021 - 06:49

Equities dip and oil slides as global risk rally stalls

Dublin market falls 1.6% in week’s final session

Fri Jan 22 2021 - 19:11

Stocktake: Intel investors bet on new chief executive

Investors hopeful Pat Gelsinger can ‘pull a Steve Jobs’ and revive tech firm

Tue Jan 19 2021 - 05:40

Crisis news ratings, robots that care and ‘Donald who?’

Planet Business: From Vegas to the couch

Sat Jan 16 2021 - 05:10

European stocks nudge higher on Carrefour and Telefónica deals

Travel companies among the fallers amid fears of prolonged Covid-19 restrictions

Wed Jan 13 2021 - 19:57

Intel taps VMware’s Pat Gelsinger as CEO, to replace Bob Swan

Gelsinger is former Intel executive

Wed Jan 13 2021 - 15:28