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The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Key Points Intel scaled back its AI accelerator ambitions earlier this year.The company now appears to be refocusing on AI ...
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...
Intel is cutting costs and restructuring amid weak margins and mixed Q2 results, with long-term upside tied to AI. Find out ...
Intel delivered better-than-expected revenue for its second quarter and issued a fairly positive outlook for its third ...
Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it ...
Intel's (INTC-2.00%) Meteor Lake PC CPUs officially launched on Dec. 14, with some laptops built around the new chips already available. One of the big selling points Intel is touting is a built ...
Companies like Intel are at the forefront of this movement, working hard to ensure that the benefits of AI are available to all. One challenge with AI tools, like generative AI, is their high cost ...