Items tagged with Brian-Krzanich
It seems as though we've been waiting for Intel's Cannon Lake 10nm processors forever. After all, the company has been on the 14nm process node since 2014, but to Intel's credit, it has made refinements over the years culminating with the release of Coffee Lake. But an actual public release of Cannon Lake has so far been elusive. We're now learning that Intel won't ship its first Cannon Lake processors until 2019. The announcement was made by Intel CEO Brian Krzanich yesterday afternoon during the company's earnings call. We were supposed to see the first volume shipments of Cannon Lake processors in late 2017, but that never happened. Recent roadmaps had suggested a late 2018 launch, but that...
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Intel’s previously cancelled Fab 42, which calls Chandler, Arizona home, is back on again. Intel originally began construction on the chip plant back in 2011, but “paused” construction following the downturn in the PC market. "The new construction is going to be left vacant for now and it will be targeted at future technologies," said Intel spokesman Chuck Mulloy at the time. Three years later, Intel has announced that it will restart and finish construction of Fab 42 for 7nm chip production. According to a statement from Intel, it will invest over $7 billion into the facility, which should be fully completed within three to four years. Intel says that it will directly employ 3,000 people — including...
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It looks like Intel CEO Brian Krzanich wants to “Make America Great Again”, but can't quite get the ball rolling. Krzanich was planning to hold a fundraiser for Donald Trump, the presumptive Republican nominee for President of the United States, on Thursday night at his house in Atherton, California. The event, which was to include “a full exchange of views”, was cancelled for unknown reasons and Trump held a rally in San Jose, California on Thursday instead. Krzanich is one of the few leaders in Silicon Valley to publicly support Trump. Trump has publicly criticized Jeff Bezos of Amazon, Mark Zuckerberg of Facebook and Tim Cook of Apple.Trump suggested boycotting Apple if the...
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One week ago, Intel took the drastic step of laying off 12,000 employees, representing 11 percent of the company’s workforce by mid-2017. While we are always saddened to hear about such wide-scale layoffs in the tech industry, the writing has been on the wall as PC sales have been on a downward trajectory for years. At the time, CEO Brian Krzanich hinted at his plans to transform Intel “from a PC company to a company that powers the cloud and billions of smart, connected computing devices… As we drive this transformation, there is an extraordinary opportunity ahead. We will emerge as a more productive company with broader reach, and sharper execution.” Today, Krzanich is outlining his strategy...
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Intel’s first quarter earnings report shows some uneven results across the company’s market segments and vast product portfolio, with a particular drop on the mobile side. Intel’s Mobile and Communications Group had a revenue of $156 million, but that was 52% from last quarter and down 61% year-over-year. In fact, sequentially, Intel’s revenue was down in most areas: its PC Client group was down 8%; the Data Center group was down 5%; the Internet of Things group was down 10%; and software and services dropped 6%. However, year-over-year the numbers are much rosier. With that metric, although the PC Client side was still down 1%, the Data Center group was up 11% and software...
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Intel may seem like an unmovable juggernaut, but the company is actually in the midst of major changes. The PC industry is shifting, and the old Wintel paradigm isn’t what it used to be. The company has a new CEO in Brian Krzanich, and the new boss is tasked with captaining the turning ship; unfortunately, he’s doing so in part by cutting a lot of jobs. Intel announced that it’s cutting 5% of its workforce, which is more than 5,000 jobs. The casualties are coming as Intel realigns some of its business segments, moving more resources to focus on data center tech (which is a big cash cow for the company), more low-power processors, and tablets. Intel CEO Brian Krzanich Intel recently...
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It’s no secret that Intel doesn’t exactly have the same batting average in the mobile market as it does on the PC side, but the company is working towards changing that. To that end, the company purchased the satellite navigation chip business unit of ST-Ericsson, according to AllThingsD. ST-Ericsson is a joint venture between STMicroelectronics and Ericsson, and the sale of the unit couldn’t come at a better time; AllThingsD reports that ST-Ericsson had an operating loss of $158 million in Q1 2013. New Intel CEO Brian Krzanich The acquisition will no doubt help Intel bolster its mobile portfolio, but in any case it’s notable because it’s one of the first actions...
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