Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.

Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to reduce its expenses.

Intel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu ...

Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.

Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...

Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.

Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This restructuring, driven by C ...

While Intel's new CEO Lip-Bu Tan is still pondering how to find a path forward for its foundry business, US-based ...

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 ...

Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...

Intel's new CEO, Lip-Bu Tan, delivered a sobering assessment, acknowledging the company's decline in the semiconductor ...

Intel CEO Lip-Bu Tan has told employees that the company has fallen out of its leadership position and apparently is behind ...