Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

Key Points Intel scaled back its AI accelerator ambitions earlier this year.The company now appears to be refocusing on AI ...

The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...

Intel delivered better-than-expected revenue for its second quarter and issued a fairly positive outlook for its third ...

Intel Corporation (NASDAQ:INTC) is one of the AI Stocks in the Spotlight Right Now. On July 22, Loop Capital initiated ...

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...

There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Artificial intelligence companies are largely cheering President Trump’s “AI Action Plan” issued this week — no surprise, ...

Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...