Intel begins laying off 529 employees in Oregon as part of a global restructuring under new CEO Lip-Bu Tan's leadership.

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 ...

Intel is set to lay off 529 employees in Oregon, impacting engineering, technical, and administrative roles, starting July 15 ...

"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.

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 ...

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.

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 ...

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