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New CEO Lip-Bu Tan told employees this week that he doesn’t consider Intel among the leading chip companies, a bracing message as the chipmaker began expansive layoffs in the face of severe technical ...
Intel announced several changes including layoffs, ... Intel: The Turnaround Faces Massive Challenges. Aug. 29, 2024 8:57 AM ET Intel Corporation (INTC) Stock INTC 26 Comments.
Intel's Q1 2025 revenue beat expectations, ... Intel's Turnaround Narrative Falters Amid Structural Challenges. Apr. 28, 2025 12:34 PM ET Intel Corporation (INTC) ... casting doubt on its turnaround.
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Despite these challenges, Tesla’s stock has shown remarkable resilience. ... A Precursor To A Turnaround? Intel reported plans for its own workforce reduction of 15% of its 110,000 employees.
Intel Corporation INTC has plunged 59.3% in the past year against the industry’s growth of 123.4%, lagging its peers Advanced Micro Devices, Inc. AMD and NVIDIA Corporation NVDA. Much of this ...
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
Intel shares slid more than 7% Friday morning, a day after the chipmaker issued a dismal financial outlook that cooled investor expectations for a corporate comeback. Five times Thursday, new CEO ...
But as Intel deals with financial pressures, technological challenges and a business that may be out of step with the AI reality, it's unclear whether it can pull off his ambitious goals - or how ...
Unity is refocusing on subscriptions and improving its advertising platform after a major company reset. Intel is leaving no ...
Billionaire Elon Musk on Saturday criticized the latest version of President Donald Trump's tax and spending bill released by ...
As a reference, Intel bought Altera in 2015 at 9 times calendar 2014 sales and in 2020, and Intel Growth Challenges Are Not Over Despite Altera Stake Sale: Analyst Skip to main content ...