Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an ...

SANTA CLARA, Calif., January 08, 2025--(BUSINESS WIRE)--Intel Corporation today announced that it will report fourth-quarter and full-year 2024 financial results on Thursday, Jan. 30, 2025 ...

Struggling chipmaker Intel is taking another step in its efforts to retool itself as it said it’s going to spin out its ...

Despite comments made by former Intel CEO Pat Gelsinger, who got ousted from the company last month, Intel will not kill off ...

Gelsinger was replaced by two interim co-CEOs: chief financial officer Zinsner and product chief Michelle Johnston Holthaus. Intel Capital has faced scrutiny in Washington over its exposure to ...

Executives including former CEO Pat Gelsinger are accused of financial mismanagement. During Gelsinger’s tenure, Intel’s share ... false and misleading statements to be disseminated” and ...

Zinsner is executive vice president and chief financial officer at Intel. Holthaus was appointed ... for the company in 2021,” Yeary said in a statement. "As a leader, Pat helped launch and ...

According to the suit, Intel’s 2024 Proxy Statement omitted critical risks ... about the growth potential of IFS while obscuring its financial difficulties. The division reportedly suffered ...

View the full release here: "The separation of Intel Capital is a win-win scenario as it provides the fund with access to ...

In a statement from Gelsinger ... leadership,” he wrote to employees in February 2021. However, Intel’s financial performance has suffered at times under Gelsinger's leadership, including ...

Intel’s chief financial officer, David Zinsner, admitted “that’s going to happen,” but stopped short of confirming whether Intel would ever fully spin off its manufacturing business.

His financial acumen and strategic insight will be welcome additions to our leadership team as Intel’s transformation continues,’ CEO Brian Krzanich said in a statement. Swan was most recently ...