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Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 per cent of its ...
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...
This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...
Intel may be forced to leave the chip manufacturing business if it can’t find a major external partner for its 14A process.
Silicon Valley insider and former Intel employee James Cape said Ohio is well-positioned to become a technological ...