The acquisition is the company’s latest push into artificial intelligence.
The tech giant is aiming to sell the software into equipment for 5G technology.
After six years at Qualcomm, George Davis joins Intel at a time when "Wall Street is hoping for greater financial discipline at the chip giant."
Intel's Q4 report “should be a huge, blaring warning to tech investors that the cloud boom could be coming to an end."
Panelists at the CFRI conference set aside core accounting issues in favor of people-centric topics.
The decision could affect the tax liability of tech companies that do not share employee stock option costs between related entities.
Microsoft says the fixes for the Spectre and Meltdown bugs are having an impact on the performance of systems running on older Intel processors.
"These issues apply to all modern processors and affect nearly all computing devices and operating systems."
The enterprise software firm would have a market cap between $2.2 billion and $2.4 billion — compared to the $4.1 billion valuation it received in 2014.
The case is the second alleging traders made illegal profits based on nonpublic information about Intel's $15.3 billion takeover of Mobileye.
The world's largest chipmaker is acquiring Israel's Mobileye as it bids to become a major supplier of driverless systems for automakers.
The SEC says the hackers generated $3 million in illicit profits by stealing nonpublic information from law firms' computer networks.
