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 ...

Microsoft (MSFT) recently announced layoffs of its global workforce by 9,000 "to implement organizational changes necessary ...

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

Nvidia has received a high number of offers of potential sites to help it carry out a plan to greatly expand its operations ...

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.

That question was answered yesterday when the news broke: 529 Intel employees in Hillsboro are being permanently laid off. Portland media outlets reported the cuts, and while expected, the reality now ...

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