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

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

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

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 scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...

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

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's valuation now appears fair, with the market having priced in the leadership change, while further strategic announcements could impact future price movements.

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 ...