"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 ...

Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.

The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...

Intel's new CEO, Lip-Bu Tan, delivered a sobering assessment, acknowledging the company's decline in the semiconductor industry and its struggle to compete in the AI sector, particularly against ...

Intel outpaces S&P 500 with AI focus, 18A production deals, and advanced nodes. Read more on whether INTC stock can offer any ...

Intel shifts focus to cost-cutting with 14A node, abandoning 18A amid weak demand. Discover how this strategy boosts margins ...

Intel Corp (NASDAQ: INTC) chief executive Lip-Bu Tan reportedly conceded in a recent Q&A session with employees that it’s too ...

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 U.S. chipmaker.

Intel's new CEO Lip-Bu Tan also reportedly told employees it's too late for the company to catch up with Nvidia in the AI GPU ...