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The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...
Intel has confirmed a major restructuring plan that will result in nearly 4,000 employees losing their jobs by mid-July ...
Intel’s once-mighty dominance in semiconductors has hit a wall, and CEO Lip-Bu Tan isn’t sugar-coating it. Tan admitted Intel ...
Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company's ...
Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...
New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...
Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Intel CEO Lip-Bu Tan made a shocking admission, saying it’s now “too late” for Intel to catch up in the AI race, as the ...