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The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...
New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...
Under former CEO Pat Gelsinger, who stepped down unexpectedly in 2024, Intel pursued an aggressive “five-nodes-in-four-years” manufacturing plan, culminating in the Intel 18A process.
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 Corp. is set to revamp its contract chip manufacturing business by pivoting away from its highly publicized 18A process ...
Semiconductor giant Intel has officially begun a new round of layoffs, following through on CEO Lip-Bu Tan's warning two months ago that job cuts were "inevitable" as part of a wider restructuring ...
Intel is abandoning its 18A process for foundry clients after failing to win customers, pivoting to the future 14A node amid ...
Amankwah, will be leaving the company on June 30, according to Reuters . The decision comes as part of a series of changes ...
New CEO Lip-Bu Tan wastes no time reshaping Intel’s hierarchy to restore the company’s innovative edge and strengthen its AI game.
Intel CEO Lip-Bu Tan started his first quarterly earnings presentation at the helm of the troubled chipmaker by announcing a major workplace overhaul that aims to boost innovation.
On April 24, Intel Corporation's CEO, ... The memo, addressed to all employees, detailed a strategic overhaul aimed at revitalizing the tech giant amid a challenging macroeconomic environment.
Intel’s CEO foundry pivot is more than a roadmap tweak; it’s a complete strategic reset. Tan’s decision to leave 18A for ...