"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 opportunities in the field.

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 ...

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

Intel CEO Lip-Bu Tan still slicing and dicing to save the company money, with reports suggesting it would trim down its Intel ...

Intel's new CEO Lip-Bu Tan is considering a shift in the manufacturer's contract chip-making business, a change that could ...

Intel CEO Lip-Bu Tan is reportedly considering halting external sales of the company's costly 18A chip process as losses ...

Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.

Even after big job reductions in 2024, it's been clear for months that more cuts were on the way under new Intel CEO Lip-Bu ...

Intel said it plans to begin laying off hundreds of workers in Oregon as part of previously announced cuts under its ...

The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, two ...

Intel CEO Lip-Bu Tan is considering a significant shift in the company's chip manufacturing strategy to attract major clients ...