News

Intel is set to slash nearly 4,000 jobs across the US, with the deepest cuts — 2,400 positions — in Oregon alone. The layoffs ...
New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...
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 ...
Intel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
Intel said it plans to begin laying off hundreds of workers in Oregon as part of previously announced cuts under its ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
Intel's once-touted 18A chipmaking process, which former CEO Pat Gelsinger emphasized as a critical factor for surpassing ...
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.
CEO Pat Gelsinger repeated his prediction that it'll take "a couple of years" before chip production catches up with demand, and said Intel is looking to build more of its chips in the U.S.