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Intel cuts hundreds of more Bay Area jobs
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Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...
"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other ...
During an earnings call in April, Intel CEO Lip-Bu Tan said that the company needs to “fundamentally transform” its culture ...
Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
Intel notified its marketing employees this week that it plans to outsource many of their jobs to the consulting firm Accenture as new CEO Lip-Bu Tan works to slash costs and improve the chipmaker’s ...
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's valuation now appears fair, with the market having priced in the leadership change, while further strategic announcements could impact future price movements.
Good morning. Intel Corporation’s CEO Pat Gelsinger retired from the company and stepped down from the board of directors, effective Dec. 1. The board gave him the option to retire or be removed ...
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