Intel articles

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Intel's poor stock performance could lead to its removal from the Dow Jones

The chipmaker can't seem to catch a break this year
What a downfall: Back in the late 90s, Intel and Microsoft were the first major tech players to join the elite Dow Jones Industrial Average club. It was the heyday of the PC revolution that these two giants had largely ushered in. But the tides have turned over the last couple of decades. While Microsoft has soared to become the world's second-biggest company thanks to its booming cloud and AI businesses, Intel has been struggling.
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Struggling Intel is considering selling divisions and slashing expenditures

The company's Altera programmable chips unit could be on the chopping block
In brief: Desperate times call for desperate measures at Intel. The once-dominant chipmaker is putting everything on the table as it scrambles to regain its footing in the AI era. According to sources familiar with the company's plans, CEO Pat Gelsinger and other top executives are preparing an ambitious proposal to streamline Intel's operations. This strategy, set to be presented to the board later this month, could see the company shedding entire business units and slashing capital expenditures.