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Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...
On the London market, investors will be looking at the latest results from Lloyds (LLOY.L), as the first of the major ...
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
Intel plans to lay off over 5,500 employees across the US, with teams in California and Oregon set to see the most job cuts.
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
Intel is set to lay off 5,000 more workers, including 2,500 in Oregon and 2,000 in California, as it flattens company ...
Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This restructuring, driven by C ...
Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...
Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.