Yet its foundry business has shown potential for improvement. Intel will turn that business into a separate subsidiary, ...

The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs.

Amazon's AWS cloud computing division already designs several chips for use in its data centers and has hired Intel to ...

Intel announced it'll pause its chip-making plans in Poland and Germany -- and expand a deal with AWS to build custom chips, ...

Intel's foundry business will become an independent subsidiary, allowing it to take funding from external sources directly.

Shares of Intel are surging before the opening bell after the chipmaker said its foundry business would make some custom ...

Intel shares jumped almost 4% in early trading on Tuesday, as a chip-making deal with Amazon's cloud business gave a major ...

Intel said it's turning its foundry business into an independent unit with its own board and the potential to raise outside ...

Intel Corp.’s plans to create an independent subsidiary for its foundry business was a much-needed move aimed at convincing ...

We have tripled our deal pipeline since the beginning of the year,” CEO Pat Gelsinger said of Intel Foundry’s business in a ...

Intel's long-term outlook, revealed by JPM analyst, shows no major changes until 2027. Intel's foundry business will remain ...

Intel is cutting its foundry business loose from the parent company. Intel Foundry will soon be an independent business ...