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Intel CEO Lip-Bu Tan unveiled sweeping reforms across the company's foundry strategy, x86 roadmap, AI focus, and organizational structure.
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel announced an expanded collaboration with Amazon Web Services (AWS), including a co-investment in custom chip designs and a multi-year, multi-billion-dollar framework for products and wafers ...
Intel is aggressively cutting capital and operating costs to rightsize operations. Click here to find out why I rate INTC ...
Intel channel partners said the sudden departure of CEO Pat Gelsinger is raising questions about the company’s current strategy, which has put an extra emphasis on expanding its manufacturing ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost control, and execution.
Lorain may not have landed Intel’s $28 billion chip manufacturing plant, but it came away with something just as valuable—a ...
Intel CEO Lip-Bu Tan is already facing an uphill battle in turning around the ailing chipmaker. Now, U.S. President Donald ...