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Intel CEO reportedly admits 'it is too late for us' to catch AI leaders like Nvidia, but here's how it could still recover
Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Intel Might Be Quitting the AI Training Market for Good
Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...
Intel Expands Layoffs to 5,000 Employees Amid Restructuring Push Under New CEO
Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
Network World3d
Intel CEO: We are not in the top 10 semiconductor companies
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 job losses mount as 4,000 layoffs are reported across multiple sites in California, Oregon, Texas and Arizona
Reports of job losses at Intel are reaching critical mass. In the past week, layoffs totalling around 4,000 people are ...
Intel Layoffs 2025: 4,000 Jobs Slashed in Major Restructuring Led by CEO Lip-Bu Tan
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
Niners Wire10d
Intel's new CEO considers big chipmaking shift, Reuters reports
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...
TweakTown6d
Intel CEO admits: 'we are not in the top 10 semiconductor companies' anymore
Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...