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Intel CEO Lip-Bu Tan has told employees that the company has fallen out of its leadership position and apparently is behind ...
Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
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MarketBeat on MSN3 Catalysts Converge on Intel Ahead of a Critical Earnings ReportRecent price action in Intel Corporation (NASDAQ: INTC) stock has been anything but quiet. Shares have staged a multi-day price battle, bringing Intel’s stock to multi-month highs, breaking ...
Intel’s once-mighty dominance in semiconductors has hit a wall, and CEO Lip-Bu Tan isn’t sugar-coating it. Tan admitted Intel ...
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 ...
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 ...
Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive ...
Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...
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