Intel is preparing to eliminate more than 500 positions in Oregon as part of a sweeping reorganization that may impact up to 20% of its global staff.

Tan tells staff that catching up to Nvidia is a lost cause Troubled Chipzilla’s new chief Lip-Bu Tan has decided to pull off the sticking plaster and tell staff that Intel is no longer one of the ...

"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 ...

The Intel Corp. is laying off 110 of its employees in Austin as it embarks on a plan to cut as much as 20% of its giant ...

The layoffs are part of a major restructuring effort led by newly appointed CEO Lip-Bu Tan, who took the helm in April amid ...

Intel's execution risks remain high. However, the potential for a massive upward repricing on a positive earnings surprise ...

Intel’s layoff in Oregon will cut 529 jobs starting July 2025 as part of a global restructuring under new CEO Lip-Bu Tan's ...

Cathay Venture, the venture capital arm of Taiwan billionaire Tsai Hong-tu’s banking giant Cathay Financial Holdings, has participated in French AI chip startup SiPearl’s €130 million ($152 million) ...

Intel Corporation (NASDAQ: INTC) announced plans to cut 529 jobs at its Oregon sites in Aloha and Hillsboro, starting around ...

This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.

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

According to two people familiar with the situation, the new CEO at Intel, Lip-Bu Tan, is considering a significant shift in ...