Intel reported net income of $5.20 billion, or $1.12 per share, for the fourth quarter ended December 29.
Intel CEO Brian Krzanich resigns after 'consensual relationship' with employee; CFO named as interim chief
Brian Krzanich, 58, an engineer and Intel veteran known at the company as “BK,” was appointed CEO in May 2013. Intel shares more than doubled during his tenure as the company expanded into new markets.
Intel chief is latest in a line of powerful men losing their jobs over inappropriate relationships.
Intel said in a regulatory filing it was not able to estimate the potential losses that may arise out of the lawsuits.
Intel has reported issues with recently released microcode meant to address 'Spectre variant 2' termed as 'CVE 2017-5715 Branch Target Injection'.
Krzanich also said that he's aware that Intel has a lot of ground to cover in this regard.
Intel launches chip family called Nervana to specifically handle AI-based tasks, with help from Facebook
The chipmaking giant is partnering with Facebook and other Internet titans investing heavily in artificial intelligence to create the first in what will be a family of "Nervana Neural Network Processors"
Intel on Tuesday announced that former chief executive Paul Otellini died in his sleep a day earlier, at the age of 66.
The newest vehicles from Waymo feature Intel-based technologies for sensor processing, general compute and connectivity.
Intel Corp further extended its offer to buy out remaining shareholders of Mobileye NV after securing 84 percent of the acquisition target's shares.
The partnership was signed at an official ceremony in New York with International Olympic Committee president Thomas Bach and Brian Krzanich, Intel's chief executive, both present.
BMW is set to announce an alliance to develop self-driving cars with collision detection specialist Mobileye and computer chip maker Intel, a source familiar with the matter said, as the race to put driverless cars on the road heats up.
Intel CEO Brian Krzanich has come out with 'five commandments' -- five core beliefs that he holds to be undeniably true for the future.
Financial results from Microsoft Corp and Intel Corp this week brought into sharp relief the challenges the onetime PC partners face as they shift more of their emphasis to cloud computing.
By combining with Altera, Intel will be able to bundle its processing chips with the smaller company's programmable chips, which are used, among other things, to speed up Web-searches.
Intel has resumed talks to buy programmable-chip maker Altera Corp and is close to a $16 billion deal, people familiar with the matter said on Friday, paving way for the third mega semiconductor-chip deal this year.
When Intel said this month it would spend $300 million on increasing diversity in its workforce, Silicon Valley lauded its plan to improve the "pipeline" of candidates by helping more women and minorities study computer science and engineering.