The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...

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

Intel's new CEO, Lip-Bu Tan, is reportedly exploring a significant overhaul of the company's contract manufacturing, or "foundry," business, potentially abandoning efforts to market its 18A ...

The new CEO is struggling to reverse Intel’s fortunes, after it posted an $18.8 billion loss in 2024, by slashing jobs and flattening its corporate structure.

Intel’s incoming CEO, Lip-Bu Tan, is gearing up for a sweeping transformation of the company, with plans to refine its artificial intelligence (AI) approach and restructure chip manufacturing ...

New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...

Intel’s CEO foundry pivot is more than a roadmap tweak; it’s a complete strategic reset. Tan’s decision to leave 18A for ...

Intel is reportedly implementing layoffs affecting 15% to 20% of its manufacturing workforce, as confirmed in an internal memo. This strategic overhaul aims to address financial challenges and ...

It comes amid a sweeping overhaul by new CEO Lip-Bu Tan, who took charge in March. Tan is battling to reverse an $18.8 billion loss from 2024 by cutting jobs and flattening a slow-moving corporate ...

The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, two ...