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“I don’t want to be the richest man in the cemetery” — Morris Kahn on giving it all away at 95
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Layoffs loom as Intel’s new CEO moves to fix slow decision-making and chip production
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From startup exits to psychedelic therapy: Eyal Gura’s new mission
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"Trump’s behavior is destructive. Americans elected an infantile narcissist, and he is causing enormous harm"
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The million-dollar draft: How Israeli players are breaking into the NBA—and cashing in
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Intel

20 stories about Intel
לוגו אינטל

Intel caps year from hell with worst-ever stock performance

31.12.24|CTech
Once the pride of Silicon Valley, the chipmaker ends 2024 with a staggering 60% loss in market value, as rivals outpace its efforts to reclaim leadership.
מימין מנכ"ל אנבידיה ג'נסן הואנג ומנכ"ל מלאנוקס איל וולדמן

A quarter century of exits: The top 10 M&As in Israeli tech

30.12.24|CTech
From autonomous vehicles to cybersecurity, these landmark acquisitions since the turn of the century highlight Israel’s pivotal role in shaping global tech innovation and the growing influence of its startups in key industries. 
Ignite team

Four months after Intel shut it down, Ignite relaunches as an independent accelerator

17.12.24|Meir Orbach
With a new model, Ignite aims to fuel deep-tech innovation and corporate partnerships. The new program is initially supported by the Israel Innovation Authority, the Ministry of Economy, and Intel as the first client, with other corporations expected to join. 
החברה ה טייוואנית TSMC

TSMC founder: “Intel currently have neither a new strategy nor a new CEO”

09.12.24|Reuters
"I don't know why Pat resigned. I don't know if his strategy was bad or if he didn't execute it well...Compared with AI, he seemed to focus more on becoming a foundry. Of course now it seems that he should have focused on AI," said Morris Chang. 
מטה אינטל ב קליפורניה

Interim Intel co-CEO: "We want to be the Western provider of leading-edge silicon"

05.12.24|CTech
“We’ve made a lot of investment from a capital perspective in Foundry, and we need to start seeing some incremental [return on invested capital],” new co-CEO David Zinsner added, speaking two days following the shock departure of outgoing CEO Pat Gelsinger. 
מטה אינטל ב קליפורניה

Who will be Intel’s next CEO? Srouji, Murphy, and Tan lead the pack

04.12.24|Omer Kabir
The Apple, Marvell, and Cadence executives are among the leading candidates to replace Pat Gelsinger following his shock departure earlier this week. 
פט גלסינגר מנכ"ל אינטל העולמית

Ousted Intel CEO Pat Gelsinger set to receive $10 million in severance

03.12.24|CTech
Leadership transition at the semiconductor giant includes a significant payout for the departing CEO, amid ongoing challenges and strategic shifts.
מנכ"ל אינטל פט גלסינגר אפריל 2024

Can Intel recover? Gelsinger’s exit sparks speculation and uncertainty

03.12.24|Sophie Shulman
In a volatile chip market, Intel’s survival hinges on finding the right leadership fast.
מנכ"ל אינטל פט גלסינגר 2 אפריל 2024

What drove Pat Gelsinger to step down as Intel CEO? Inside the tumultuous tenure

02.12.24|CTech
Missteps, delays, and strained partnerships defined his three-year journey. 
שבב של אינטל ב תערוכה ב טאייפיי 4.6.24

Intel’s foundry spinoff and $7.86 billion subsidy highlight importance of Israeli manufacturing

28.11.24|CTech and Reuters
The chip giant’s restructuring aligns with its ongoing investments in Israel’s advanced semiconductor capabilities. 
הנשיא ביידן עם מנכ"ל אינטל פט גלסינגר 2024

Intel gets $7.86 billion US grant to advance domestic semiconductor output

26.11.24|Reuters
The funding supports Intel’s push to return American manufacturing to the forefront amid shifting global technology dynamics.
Intel Ignite Tel Aviv hub

Intel’s startup accelerator shuts down when entrepreneurs need support more than ever

26.11.24|Itamar Friedman
"Unlike other accelerator programs that have an interest in serving those behind the program, Intel Ignite did not push startups in a different direction, and the support provided to entrepreneurs followed the path they chose," writes Itamar Friedman, co-founder & CEO of Qodo, and an Intel Ignite alumni.
מטה אינטל בקליפורניה

$100M in savings not enough to justify Intel’s coffee cut

10.11.24|CTech
Intel reinstates coffee and tea service, acknowledging the importance of small perks for employee morale. “Although Intel still faces cost challenges, we understand that small comforts play a significant role in our daily routines,” the company stated.
מטה אינטל ב קליפורניה

Intel restores car benefit, citing progress on savings goals: "We understand the importance of this to employees"

07.11.24|Allon Sinai
New allowance plan comes as Intel restores key perks, amid efforts to stabilize morale during massive cost reductions. “Given our progress against our savings objectives, we have decided to retain the car benefit,” Christy Pambianchi, Intel's Executive Vice President and Chief People Officer, wrote to employees.
מובילאיי אינטל Mobileye

Lyft partners with Israeli companies Mobileye and Nexar to offer autonomous mobility at scale

06.11.24|James Spiro
The partnerships aim to establish a foothold in the autonomous vehicle market starting in Atlanta next year.
בניין אינטל ב חיפה

Intel Israel's layoffs are less severe than global cuts, but ambiguity persists

06.11.24|Allon Sinai
The exact number of job losses remains uncertain due to a decentralized approach to workforce reductions. 
משרדי אינטל פתח תקווה

Intel brings back free coffee, considering return of company cars

06.11.24|Meir Orbach
Following employee discontent, Intel Israel partially reverses benefits cuts as it seeks to boost morale amid ongoing layoffs.
מנכ"ל אינטל פט גלסינגר 2 אפריל 2024

Intel aims to net billions in Altera stake sale, targeting $17 billion valuation

05.11.24|Reuters
Buyout firms Silver Lake, Bain Capital and Francisco Partners are among the potential suitors that are likely to compete to acquire a minority stake in Altera. "We remain focused on selling a stake in Altera on a path to its IPO in the coming years. To that end, we have begun discussions with potential investors and expect to conclude in early 2025," said Intel CEO Pat Gelsinger. 
מנכ"ל אינטל פט גלסינגר משיק שבב AI גאודי 3

Four years and billions later, Intel’s Habana Labs is still searching for success amid layoffs

03.11.24|Allon Sinai
As Intel grapples with layoffs and massive cost-cutting, its high-stakes $2 billion acquisition of Habana Labs in 2019 has struggled to make a dent in Nvidia’s dominance. 
משרדי אינטל

Intel's workforce questions its future amid layoffs and shrinking benefits

01.11.24|Allon Sinai
Intel’s challenges in the AI-driven chip industry are well-documented, as the company strives to pivot away from its traditional PC business and focus on data centers, AI, and foundry services. Yet, for employees, the more immediate reality is a mix of diminishing benefits, increased pressure, and fading morale.
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