The race is on at Intel Corp. as the semiconductor giant pledges to return to the top of its game, committing to produce the world’s best chips within four years.

To get there, Chief Executive Pat Gelsinger laid out a plan Monday for the company to introduce at least a new central processing unit—the brains of the modern computer—every year between 2021 and 2025. Each is expected to be based on transistor technology more advanced than the last.

Intel was long the unquestioned leader in computing performance. Co-founder Gordon Moore defined the law underpinning the semiconductor industry, describing how

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Intel Corp. is expected to post a drop in second-quarter earnings as Chief Executive Pat Gelsinger works to turn the chip giant around amid a global semiconductor shortage.

Mr. Gelsinger, since he rejoined Intel in February, has committed to establishing a contract chip-making operation, announced major factory expansions and lured back talent to restore the Silicon Valley icon’s technology prowess. The company also is in talks to potentially buy GlobalFoundries for around $30 billion, The Wall Street Journal has reported, in what would be its biggest ever acquisition and a signal of how serious Mr. Gelsinger is to make Intel

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Intel shares fell 2{32cab40226fb9659b52e7925d8240640c7cae90b58a254f5ffce23f5dca80369} after CEO Pat Gelsinger’s second earnings report at the helm of the American chip giant as investors assessed cautionary guidance on margins in the current quarter.

Intel reported revenue and earnings per share that beat both the company’s own forecast as well as Wall Street expectations, attributing the beat to strength in its business unit that produces chips for PCs. Intel said that PC unit sales were up 33{32cab40226fb9659b52e7925d8240640c7cae90b58a254f5ffce23f5dca80369} over last year.

Here’s how Intel did versus Refinitiv consensus estimates for the quarter ending in June:

  • Earnings per share (EPS): $1.28 (adjusted) vs. $1.06 expected, up
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Intel has expanded its lineup of 11th Gen Intel Core mobile U-series processors with the addition of two new chipsets. The company has introduced Core i7-1195G7 and Core i5-1155G7 paired with Intel Iris Xe graphics specifically designed for slim and lightweight laptops at Computex 2021. In addition to this, the company has also announced a 5G M.2 modem for laptops.

“We’ve taken the world’s best processor for thin-and-light Windows laptops and made the experience even better with the addition of our two new 11th Gen Intel Core processors with Intel Iris Xe graphics. In addition, we know real-world performance

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With Computex 2021 hitting off, Intel proudly presented two new 11th Gen Intel Core Mobile Processors – the i7-1195G7 and i5-1155G7. These processors will be used for thin and light Windows-based laptops and not only that but a new and first 5G product, the Intel 5G Solution 5000 was also introduced alongside the processors.

According to Intel, the new 11th Gen Intel Core processor-based laptops can deliver up to 5GHz which increases 25{a7758c3706987b952e6c06b8e84de22b0478c6ec9e4b4c13f69a9ea693861278} on overall application performance advantage. This means that the ISV optimisation is up to 8x faster transcoding and video editing is twice as fast as ever.

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Intel has released details of its new Intel 11th Gen Core H-series and Xeon Mobile processors (Tiger Lake). The new range includes i5, i7, i9 with and without vPro and Xeon, a workstation-class processor.

The Intel 11th Gen Core H-series is a radical departure from Intel’s traditional core designs. It now focuses on raw single-threaded performance, new Intel Xe graphics, DP 1.4b/HDMI 2.0, Intel Killer AX1675 Wi-Fi 6E, Up to2.5GB LAN, more PCIe lanes, Gen 4 SSD support, and Thunderbolt 4.

The product range includes models for essential, ultra-portable (H35-series), thin enthusiast and halo enthusiast (Gaming made mobile).

Some feature/benefits

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