PAT GELSINGER

Intel CEO Pat Gelsinger will take a 25% base pay cut days after the company reported weak earnings, with executives down the line facing pay cuts as well.

Intel (INTC) catches multiple price target cuts on Wall Street after missing estimates with fourth-quarter earnings and revenue.

Intel shares fell before the opening bell, after the company reported horrid quarterly and full-year results, off of slackening chip demand.

"Clearly, the financials aren't what we would hoped," Gelsinger told analysts.

Intel called for a loss in the first quarter, while analysts had expected income. The chipmaker is dealing with a sharper-than-expected PC market contraction.

Intel said that it intends to find cost reductions and efficiencies worth up to $10 billion through 2025. But guidance for the full fiscal year came up short.

Going public in the middle of a market meltdown, at a deep discount to recent valuations, sends bad signals to investors

The CNBC Investing Club takes a closer look at Intel's disappointing second-quarter results, explaining what they mean for Club holding AMD.

Intel stocks fell 10% Friday, a day after the company reported disappointing second-quarter earnings that missed on the top and bottom lines.

Intel decreased its full-year earnings and revenue expectations.

Threats to cancel investments and political point-scoring show that both lawmakers and chip executives don’t have their head in the game.

Threats to cancel investments and political point-scoring show that both lawmakers and chip executives don’t have their head in the game.

Over the past week, Jim Cramer reconnected with many executives and CEOs in CNBC's San Francisco bureau, and he was shocked by how much is different from 2020.

The risks to the global economy are leading to an increasingly gloomy view of the months ahead for corporate leaders, government officials and other VIPs gathered at the World Economic Forum meeting in Davos, Switzerland.

The vote won't immediately affect the compensation of Intel's executives.

Intel CEO Pat Gelsinger the extended timeline for the chip crunch is now due to a lack of manufacturing equipment.

Semiconductor stocks rose on Thursday as investors regained their appetite for beaten-down stocks and bet on a U.S. economic recovery.

"Oil reserves have defined geopolitics for the last five decades. Where the fabs [factories] are for a digital future is more important," Intel's Pat Gelsinger told CNBC.

U.S. chipmaker Intel unveiled plans on Tuesday to invest up to $88 billion across Europe as part of an ambitious expansion aimed at evening out imbalances in the global semiconductor supply chain.

Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

Cook's comments on the supply chain echo those of his peers in the industry, but his words carry a lot more weight with investors.

With a budget of $44 billion this year, no company will be able to get near the world’s most powerful chipmaker.

Intel is expanding its manufacturing operation in Malaysia as chipmakers work to diversify global supply chains that were hit hard by the COVID-19 pandemic.

Samsung said it plans to build a $17 billion semiconductor factory in Texas amid a global shortage of chips used in phones, laptops, cars and other electronic devices.

Before Intel's recent stumbles, it led the world in advanced chip manufacturing. CEO Pat Gelsinger has a bold new plan to catch up to Samsung and TSMC by 2025.

CEO Pat Gelsinger has announced plans for Intel to transform itself by manufacturing chips for other companies.

"I predict there's 10 good years in front of us, because the world is becoming more digital, and everything digital needs semiconductors."

Ford and GM hit hardest, building fewer cars for consumers amid a worsening chip crisis.

The demand for microchips in the U.S. is growing, but fewer and fewer are being manufactured domestically. Sunday, on 60 Minutes, Lesley Stahl reports on the global shortage of chips and speaks with Pat Gelsinger, the new CEO of Intel, and Mark Liu, Chairman of TSMC, the Taiwanese company leading the world in advanced chip production.

Intel CEO Pat Gelsinger announced earlier this month that the company plans to invest $20 billion in new microchip manufacturing plants.

The move should help Dell pay down debt it has accumuluated through its 2016 acquisition of EMC.

Earlier this year, Intel announced that it would invest $20 billion in new semiconductor factories, called fabs, in Arizona.

Pat Gelsinger, CEO of Intel, speaks in Santa Monica, Calif., on March 9, 2017, in a photo taken when he was CEO of VMware. In his first extended public remarks since becoming Intel CEO, Pat Gelsinger offered an underlying message: Intel, the American chipmaking giant, is getting its swagger back. Intel, contrary to some industry expectations, said on Tuesday would not shift its decades-old strategy to become a chip design firm that outsources manufacturing. The old Intel is now the new Intel," Gelsinger said. You know, if we said we're going to do X, we're going to do 1.1x every time we make a commitment," Gelsinger said.

Intel announced on Tuesday that it will spend $20 billion to build two new chip factories, called fabs, in Chandler, Arizona. Intel stock rose as much as 5% on the news in extended trading on Tuesday. The news comes during a global chip shortage that is snarling industries from automobiles to electronics and worries the U.S. is falling behind in semiconductor manufacturing. Intel said its foundry division will be called Intel Foundry Services and will be led by Randhir Thakur, a current Intel senior vice president. A slide displayed by Intel suggested that companies including Amazon, Google, Microsoft and Qualcomm could be customers for the business.

FILE - In this Oct. 1, 2019, file photo the symbol for Intel appears on a screen at the Nasdaq MarketSite, in New York. (AP Photo/Richard Drew, File)BOSTON – The computer chipmaker Intel Corp. on Friday blamed an internal error for a data leak that prompted it to release a quarterly earnings report early. The company’s quarterly results were originally scheduled to be published hours later after the close of trading on Wall Street Thursday. It quoted an unnamed company spokesperson as saying Intel was notified that the graphic was circulating outside the company. Intel’s network was not compromised and we have adjusted our process to prevent this in the future.”The company's stock price closed down more than 9% Friday.

Pat Gelsinger, Intel's incoming CEO, said on Thursday that the company's troubled 7-nanometer chip manufacturing technique is on track to be used to make chips sold in 2023. However, he warned that Intel will still likely outsource an increasing amount of chip manufacturing to external foundries. Revenue: $20 billion, vs $17.49 billion expected by Refinitiv consensus estimates. $20 billion, vs $17.49 billion expected by Refinitiv consensus estimates. Intel's troubled 7-nanometer technology has weighed on the company as it has struggled to match Asian chipmakers' advances in chip manufacturing.

(AP Photo/Richard Drew, File)Intel is replacing its CEO after only two years in what had been a rough stretch for the chipmaker. Bob Swan, who became the company's chief executive in early 2019, will be replaced in mid-February by tech industry veteran Pat Gelsinger. Apple also dealt a blow to Intel last year when it began replacing Intel processors with Apple-designed chips on new Mac computers. He spent most of that time with Intel Corp., where he began his career and was its first chief technology officer. After a search, Intel confirmed Swan as CEO in early 2019.

Intel CEO Bob Swan is stepping down effective Feb. 15 and will be replaced by VMWare CEO Pat Gelsinger, the chipmaker announced Wednesday. Swan was named CEO in January 2019 after serving as interim CEO for seven months. Over the summer, Intel reported that its latest generation chips would be delayed while AMD's were already shipping inside laptops. Third Point urged Intel to divest from "failed acquisitions" and criticized Intel for its "loss of manufacturing leadership." Gelsinger previously worked at Intel, eventually becoming its first chief technology officer.