The Silicon Valley-based company could scale back its semiconductor manufacturing business in a blow to American ambitions
Exit of CEO Pat Gelsinger maybe a sign of a shift in attitude by the company’s board to a huge strategic overhaul
Plus, information provider to corporate credit investors 9fin raises cash, and CFA candidates drop sharply
A break-up — once unimaginable for a sector champion — looks at least conceivable
Semiconductor company’s shares have slid as turnaround plans struggled to gain traction
If you can’t beat it, join the US company’s supply chain
Smaller than expected sales decline boosts shares as chipmaker tries to recover from misjudging demand
Whatever the long term shifts that are making its products more central to everyday life, chips remain highly cyclical
Chipmaker is seeking ways to shore up its business although potential takeover approaches could complicate talks
String of recent megadeals includes $36bn acquisition by Mars and $20bn takeover by Verizon
Tech group wants to remain both a cutting-edge designer and manufacturer of chips
No formal offer made but deal could become biggest tech acquisition in history
Chipmaker is trying to pull off one of the most complex revivals in tech history
US chipmaker will pause plans to build new plants in Germany and Poland while partnering with Amazon to build AI chip
France has asked for more time to submit its debt plans to the European Commission
Senior departures and plunging share price hit chief executive Pat Gelsinger’s plans for company turnaround
Son hopes to put Japanese group at centre of artificial intelligence boom but talks with US chipmaker failed to progress
Tech stocks have been volatile as Microsoft, Meta, Amazon and Google report huge increases in AI investments
US chipmaker says it will also reduce capital spending as turnaround strategy hits another setback
Production issues and strategic mis-steps allowed rivals to charge ahead
Silicon Valley chipmaker has invested in more than 40 Chinese start-ups while also receiving billions in US grants
Intel, AMD, Qualcomm and Nvidia battle to get their processors into next wave of artificial intelligence-enabled computers
Shareholders must ask if chip production will be efficient enough to generate positive return on common equity
Discussions come as private capital groups are increasingly tapped by large corporations to fund expansions
Move marks Biden administration’s latest effort to target Chinese tech sector
