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Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
Intel Faces Challenges as CEO Retools. 20m. ... but there are no quick fixes as we work to get back on a path to gaining market share and driving sustainable growth,” Tan said.
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
Intel: Challenges For The New CEOs. Dec. 03, 2024 12:23 PM ET Intel Corporation (INTC) Stock, INTC:CA Stock INTC, INTC:CA 9 Comments. ... Looking for a helping hand in the market?
Intel is set to lay off 5,000 more workers, including 2,500 in Oregon and 2,000 in California, as it flattens company ...
New CEO Lip-Bu Tan told employees this week that he doesn’t consider Intel among the leading chip companies, a bracing message as the chipmaker began expansive layoffs in the face of severe technical ...
Intel shares surged nearly 15% on Thursday, closing up 14%, as investors welcomed the appointment of Lip-Bu Tan as the company's new CEO. Tan, a former Intel board member and long-time chip ...
One of Oregon’s largest employers is under new leadership as of Sunday. Major chipmaker Intel announced Monday that CEO Pat Gelsinger has retired after spending four years at the helm.
Intel CEO vows to challenge Nvidia, market is "hungry" for alternative GPUs Did Nvidia get lucky with AI? By Zak Islam October 17, 2021, 9:47 38 comments. Serving tech enthusiasts for over 25 years.
The Ratings Game Intel’s new CEO is known to ‘underpromise and overdeliver.’ Can he do it again? Intel’s stock is down after Lip-Bu Tan failed to offer quick fixes in a recent speech.
Intel can point to its blockbuster 2018 as a sign that everything's okay -- the company made a $21.1 billion profit over the year -- but the PC market is still in a serious decline.
Pat Gelsinger has stepped down from his role as Intel Corp.’s chief executive, the chipmaker announced today.Gelsinger left the CEO post and his board seat on Sunday. Sources told Bloomberg that ...