NasdaqGS:INTCSemiconductor
Intel Faces India Antitrust Penalty As AI Pivot Tests Rich Valuation
Intel received an antitrust penalty in India tied to a discriminatory, region specific warranty policy and has discontinued the practice.
The company committed $100 million to AI firm SambaNova Systems as part of its broader push into AI computing.
Intel appointed former Qualcomm executive Eric Demers as Chief GPU Architect, signaling a leadership shift around graphics and AI hardware.
Intel, NasdaqGS:INTC, is in the spotlight as it deals with a regulatory setback in India at the same time...