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

Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it ...

Nvidia's stock is up 1,220% over the past five years, while Intel's has dropped 69%. Intel announced Lip-Bu Tan as its new CEO in March. Tan was the CEO of Cadence Design Systems ( CDNS ) from ...

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

Intel said on Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024 ...

Intel's former CEO praised Nvidia's execution and AI product advantage. Nvidia's AI chip market success comes from competitive moats, said Pat Gelsinger. Intel's new CEO, Lip-Bu Tan, acknowledged ...

Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...

Santa Clara-based chipmaker Intel plans to lay off tens of thousands of more employees by the end of the year and introduce a mandatory return-to-office, its CEO announced. In a ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

Intel is undoubtedly Nvidia's main supplier of new employees in Israel, and for good reason. The former chip giant, whose ...