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Intel

20 stories about Intel
Amir Faintuch

“Intel faces difficult strategic choices and needs to figure out what the company will look like in the future”

07.02.23|Meir Orbach
Amir Faintuch, the new CEO of Volumez, was once one of the most senior Israelis at Intel, reaching the role of Senior Vice President and General Manager of Platform Engineering
הדמיית משרדי חברת אינטל ש עתידים לקום ב חיפה

Intel halts construction of $200 million Haifa mega-campus

16.01.23|Raphael Kahan
As the chip crisis continues, the company has decided against spending $200 million on the new campus. A parking lot will be built in its place
אמנון שעשוע מ מייסדי מובילאיי ו

"Mobileye has a vertical grip on the autonomous vehicle market"

16.01.23|Omer Kabir
"When we were at Intel, all our achievements were under the radar, the focus at Intel was chip production, Mobileye's activity did not generate interest," added Mobileye CEO Amnon Shashua
משרדי אינטל 2

Intel Israel lays off dozens of employees as part of global cutbacks

15.12.22|Meir Orbach
Following the decision to implement cutbacks announced two months ago, Intel told each of its global centers that they are required to reduce their expenses
אמנון שעשוע מייסד ומנכ"ל מובילאיי

Mobileye goes public at $16.7 billion valuation

26.10.22|Sophie Shulman and Reuters
Intel's Israeli self-driving car unit, which raised $861 million, was targeting a $50 billion valuation earlier this year before the rout in tech compelled it to stomach a lower valuation
מימין מנכ"ל אינטל העולמית פט גלסינגר ונשיא ומנכ"ל מובילאיי אמנון שעשוע

Mobileye is seeking autonomy from Intel at all costs

19.10.22|Sophie Shulman
Mobileye's IPO will be the largest ever by an Israeli company, yet it is still disappointing as the company will go public at the same value at which it was acquired by Intel 5 years ago, even though revenues have doubled
רכב אוטונומי מובילאיי Mobileye ירושלים

Mobileye settles for just $16 billion valuation in Wall Street IPO

18.10.22|CTech and Reuters
Intel's Israeli self-driving car unit was targeting a $50 billion valuation earlier this year before the rout in tech compelled many high-flying companies to stomach haircuts in valuation
אינטל

Intel reportedly plans to cut thousands of jobs as early as this month

12.10.22|Reuters and CTech
According to Bloomberg News, the giant chipmaker is planning to cut costs in the face of a slowdown in the personal computer market. Intel-owned Israeli artificial intelligence chip developer Habana Labs announced on Tuesday that it was laying off around 100 employees
שבב Greco של אינטל הבאנה לאבס

Intel's Habana Labs lays off 10% of workforce

11.10.22|Raphael Kahan
The decision comes as Intel is reportedly planning a major reduction in headcount, likely numbering in the thousands
אמנון שעשוע מייסד ומנכ"ל מובילאיי

Mobileye closing on IPO after filing for Nasdaq listing

01.10.22|Reuters and CTech
Intel’s Israeli self-driving unit reported first-half revenue of $854 million, a 21% jump from the year-ago period
שלומית וייס מנהלת ראשית של ארגון ההנדסה של אינטל העולמית

“Everyone is very motivated to return Intel to what it used to be”

29.09.22|Sophie Shulman
Shlomit Weiss was recently appointed as senior vice president and co-general manager of Intel’s Design Engineering Group. This comes at a time when the company is at one of its lowest points, registering its first quarterly loss in 30 years. However, Weiss, the most senior Israeli at the company, insists: "At Intel we learn from our mistakes, we can close the gap"
Fadi Aboud Jack Doweck Marcelo Yuffe Intel Israel

Intel promotes three Israelis to executive technological positions

25.09.22|CTech
Fadi Aboud, Jack Doweck, and Marcelo Yuffe were named Intel Fellows, equivalent to VPs, in the processor design and development group
אמנון שעשוע

Intel cutting $20 billion off Mobileye valuation ahead of delayed IPO

13.09.22|CTech
According to Bloomberg, Intel’s Israeli self-driving car unit is set to be valued at around $30 billion when it goes public
מימין מנכ"ל אינטל פט גלסינגר ומייסד מובילאיי אמנון שעשוע

Intel is in trouble, but the path to recovery goes through Israel

31.07.22|Sophie Shulman
For the first time in 30 years, Intel turned a loss. A combination of a cut in the investment budget with the adoption of the microchip law in the US, puts Israel at a disadvantage. But the company's recovery from the crisis may go through the application of smart capital, which characterizes its investments here
אמנון שעשוע מייסד ומנכ"ל מובילאיי

Mobileye IPO set to be postponed

10.07.22|Meir Orbach
The current conditions in the market mean that Intel’s Israeli self-driving car unit is no longer expected to go public in mid-2022 as initially planned
מטה אינטל ב קליפורניה

Intel freezes hiring in PC chip division

09.06.22|Reuters and Raphael Kahan
Intel told Calcalist that its growth plans in Israel, including the building of a new $10 billion manufacturing center in Kiryat Gat, opening a campus that will house 6,000 engineers in Haifa and setting up a new R&D center in Be’er Sheva, remain unchanged
intel ignite

Intel Ignite announces 10 Israeli startups for its sixth cohort

26.04.22|CTech
From artificial intelligence to cybersecurity, the 10 selected startups will receive tailor-made mentoring programs to go to market
Mobileye Car

Mobileye autonomous taxi service on course for Israel launch this year

12.04.22|James Spiro
The company has recorded a 40-minute video that includes its vehicle completing real-world driving maneuvers at night-time in Jerusalem
מימין טל סייג ו אסף עזרא מייסדי Granulate

Intel to acquire Granulate for $650 million

31.03.22|CTech
The Israeli startup, which helps cloud and data center customers maximize compute workload performance and reduce infrastructure and cloud costs, has raised $45 million since its founding in 2018
Mobileye Paris

Intel's Mobileye confidentially files for IPO

07.03.22|Meir Orbach
The chip giant announced last December that it planned to take its self-driving-car unit public, a deal which could value the Israeli unit at more than $50 billion
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