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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 ...
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.
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 ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Yet amid this need for Intel to grow (or change), Reynolds notes the obvious: The CEO succession at the Santa Clara, Calif., company has been well-planned, and the company--and the market--have ...
GlobalData on MSN11d
Intel plans major job reductions to streamline operationsThe firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...
Intel’s incoming CEO, Lip-Bu Tan, is preparing sweeping changes to the company’s chip manufacturing operations and artificial intelligence strategies as he formally resumes leadership on ...
Intel (INTC) posted better-than-expected second quarter results and issued a solid forecast. Bob O'Donnell, TECHnalysis ...
Intel CEO Lip-Bu Tan has outlined a sweeping transformation plan focused on streamlining operations, reducing management layers, and refocusing on core computing leadership. The strategy aims to ...
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.
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