Tag Archives: Intel

In a heartfelt move following his resignation as Intel’s CEO on December 1, Pat Gelsinger has turned to prayer and fasting to show his support for the company's troubled workforce. Gelsinger, who stepped down after Intel’s board of directors reportedly asked him to either resign or be fired, has been keeping his followers updated on social media.

Intel has been awarded a $7.86 billion subsidy from the U.S. government to support its semiconductor manufacturing projects, marking a significant step toward boosting domestic chip production. This subsidy, finalized by the U.S. Commerce Department on Tuesday, is part of a broader initiative to revitalize U.S. manufacturing and reinforce national security.

In a bid to boost employee morale following a significant reduction in workforce, Intel has decided to reinstate free coffee and tea for its staff. The tech giant had previously halted several employee perks, including free beverages and fruits, as part of broader cost-cutting measures.

At Intel's recent Vision event, the tech giant introduced its latest innovation in artificial intelligence (AI) processing, the Gaudi 3 chip. This unveiling marks Intel's strategic move to challenge Nvidia's stronghold in the semiconductor market, particularly in AI-powered applications.