"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's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, ...

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

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 notified its marketing employees this week that it plans to outsource many of their jobs to the consulting firm ...

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Intel declined to comment on such "hypothetical scenarios or market speculation ... and improving our financial position for ...

Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

He thinks Zinsner was chosen as an interim co-CEO because Intel has to “keep its financial position from deteriorating so far that it becomes difficult for the board to hire a new CEO to turn ...

Intel CEO Pat Gelsinger’s Dream Job Takes a Nightmarish Turn. ... The fall knocked more than $30 billion off Intel’s market value, bringing it to a level last seen 15 years ago.

Good morning. Intel Corporation’s CEO Pat Gelsinger retired from the company and stepped down from the board of directors, effective Dec. 1. The board gave him the option to retire or be removed ...