According to recent WARN notices, Intel also increased its planned layoffs in Arizona, California, Oregon, and Texas. The ...

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

Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...

The layoffs, which were one of new CEO Lip-Bu Tan's first big moves since he took over in March, are meant to make things run ...

Intel faces declining margins, operating losses, and is losing market share to AMD and Nvidia, making a near-term recovery ...

As US chip giant Intel CEO Lip-Bu Tan openly stated that the company may consider terminating its 14A process node plan if it ...

Intel CEO Lip-Bu Tan has openly admitted to global employees that Nvidia has surpassed Intel in the AI chip market. This ...

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

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

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

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

Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian.