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 ...

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

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 ...

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

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

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

Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...

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

I’m also instituting a policy. Every major chip design needs to be personally reviewed and approved by me before tape out. He ...

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