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

Earlier this month, Intel CEO Lip-Bu Tan even told employees during a conversation broadcast that the company is no longer a ...

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

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

Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...

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

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

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

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

Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...