Meanwhile, new reports suggest that Intel may be looking for a way to stay relevant in the long-term, and one way is through its next central processing unit (CPU) socket. The reports suggest that the new socket will be sufficient to serve the next four generations of processors.

Less than a week after President Donald Trump called for the resignation of Intel’s CEO, shares of the chipmaker are rising after Trump said he had a “very interesting” meeting with Lip-Bu Tan

Intel shares rallied after President Trump said he had met with the embattled chip maker's chief executive. The president said Monday's meeting, also attended by Commerce Secretary Howard Lutnick and Treasury Secretary Scott Bessent,