Key Points Intel scaled back its AI accelerator ambitions earlier this year.The company now appears to be refocusing on AI ...

Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

Intel notified its marketing employees this week that it plans to outsource many of their jobs to the consulting firm ...

Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

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's valuation now appears fair, with the market having priced in the leadership change, while further strategic announcements could impact future price movements.

It has been a challenging year for all of us as we have made tough but necessary decisions to position Intel for the current market dynamics." Gelsinger had spent 30 years at Intel, left in 2009 ...

Good morning. Intel Corporation’s CEO Pat Gelsinger retired from the company and stepped down from the board of directors, effective Dec. 1. The board gave him the option to retire or be removed ...

Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...