"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 ...

Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...

Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.

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

Intel's new CEO, Lip-Bu Tan, delivered a sobering assessment, acknowledging the company's decline in the semiconductor ...

Intel outpaces S&P 500 with AI focus, 18A production deals, and advanced nodes. Read more on whether INTC stock can offer any ...

Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

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 ...