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Intel is set to slash nearly 4,000 jobs across the US, with the deepest cuts — 2,400 positions — in Oregon alone. The layoffs, part of new CEO Lip-Bu Tan’s aggressive restructuring plan, reflect the ...
Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...
New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...
Nearly four years after Intel said it would “wind down” its RealSense computer vision business, the division has spun out ...
Intel shares jumped Tuesday following news the embattled chipmaker plans to slash hundreds of jobs as part of previously ...
Intel Corporation (NASDAQ: INTC) announced plans to cut 529 jobs at its Oregon sites in Aloha and Hillsboro, starting around ...
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
Altera was acquired by Intel in 2015 as a way to advance its networking and particularly its telco networking business since ...
Intel's stock jumped 4.84% to $23.07 as the company continues global layoffs to become more efficient, with Citigroup raising ...
Intel's once-touted 18A chipmaking process, which former CEO Pat Gelsinger emphasized as a critical factor for surpassing ...
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’s new CEO Lip-Bu Tan is reportedly considering a major change to Intel’s manufacturing division, including Ohio’s plant ...
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