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Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
"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.
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 ...
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...
The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, two people familiar with the matter told Reuters.
Intel's new CEO Lip-Bu Tan considers huge changes to semiconductor business: Intel 18A potential write-off, company to shift focus on 14A process.
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
By Max A. Cherney, Jeffrey Dastin and Stephen Nellis SAN FRANCISCO (Reuters) -Intel's new chief executive is exploring a big ...
Intel's new CEO, Lip-Bu Tan, delivered a sobering assessment, acknowledging the company's decline in the semiconductor ...
This move is expected to result in significant layoffs within Intel's marketing division, with most affected employees expected to learn their fate by July 11.