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SAN FRANCISCO (Reuters) -Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves ...
New Intel CEO Lip-Bu Tan told employees Thursday to expect “several months” of job cuts as the chipmaker works to buttress ...
Intel is undergoing its most sweeping transformation in decades under new CEO Lip-Bu Tan, who is steering the company away ...
In August of 2024, having fallen behind its competitors in the chipmaking industry, Intel announced a companywide cost-savings plan that included cutting 15% of its workforce by the end of 2025. Since ...
Intel announced plans to spin off Intel Capital, the company’s corporate venture arm. Last week, Intel’s new CEO walked that ...
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.
Former Intel CEO Pat Gelsinger admitted Nvidia's AI chip dominance stemmed from superior execution by CEO Jensen Huang and strategic advantages like NVLink and CUDA. Intel's missteps, including ...
Nvidia's AI chip market success comes from competitive moats, said Pat Gelsinger. Intel's new CEO, Lip-Bu Tan, acknowledged the company's issues in an address last month. Ex-Intel CEO Pat Gelsinge ...
In its first earnings report under the leadership of CEO Lip-Bu Tan, Intel said it plans to slash operational and capital ...