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Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
In a twist that is downright unfathomable, chip stock Intel ($INTC) took it on the chin today as Fitch Ratings lowered the company’s credit ...
Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek outside investment for the business unit.
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel is still using TSMC for 30% of its wafer demands: 'We were talking about trying to get that to zero as quickly as possible. That's no longer the strategy' Story by Andy Edser • 4d ...
Intel (INTC) posted better-than-expected second quarter results and issued a solid forecast. Bob O'Donnell, TECHnalysis ...
After being Intel’s CEO for about one month, Lip-Bu Tan is taking swift action to address the company’s challenges. This includes shifting Intel’s focus back to engineering.
The leadership change will be crucial for Intel as it sets ambitious targets, including $1 billion in software revenue before 2027, up from over $100 million in 2021, where its upcoming Gaudi 3 ...
Intel CEO Pat Gelsinger describes the company’s “AI Everywhere” strategy at its Vision 2024 conference this week.
Intel's next chief executive officer will have manufacturing expertise as well as experience in the product side of the business, interim co-CEO David Zinsner said on Wednesday.