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

As part of a massive round of layoffs that will ultimately impact thousands of global employees, Intel (INTC) announced it would cut 529 Oregon workers effective July 15. This comes as part of an ...

Intel's new CEO Lip-Bu Tan also reportedly told employees it's too late for the company to catch up with Nvidia in the AI GPU ...

Intel said it plans to begin laying off hundreds of workers in Oregon as part of previously announced cuts under its ...

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

Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.

CEO Pat Gelsinger repeated his prediction that it'll take "a couple of years" before chip production catches up with demand, and said Intel is looking to build more of its chips in the U.S.

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

Elon Musk has fired Omead Afshar, the head of Tesla ’s sales and manufacturing operations in North America and Europe, Gizmodo and other outlets reported Thursday.

Intel's ex-CEO Pat Gelsinger says his decision to step down was 'extremely difficult' and that he wasn't given the opportunity to finish what he started. VIEW GALLERY - 2 Anthony Garreffa Gaming ...