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"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
Bu Tan delivered a stark assessment of the company's position in the semiconductor industry, telling employees in a global video broadcast that Intel has fallen from its former dominance. "Twenty, 30 ...
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 outpaces S&P 500 with AI focus, 18A production deals, and advanced nodes. Read more on whether INTC stock can offer any ...
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 shifts focus to cost-cutting with 14A node, abandoning 18A amid weak demand. Discover how this strategy boosts margins ...
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...
Intel (INTC), once a titan of semiconductor manufacturing, has undergone a series of transformations in recent years. From ...