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"If the U.S. wants to win the global race for technological supremacy, the country’s best tool is a sovereign-wealth fund," ...
Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...
Pat Gelsinger, former Intel CEO, advocated for Trump's sovereign wealth fund, calling it crucial for US tech leadership ...
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...
Intel is preparing to lay off around 5,500 employees across the United States as part of a sweeping cost-cutting exercise under new CEO Lip-Bu Tan. This new round of job cuts, which spans engineers, ...
Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s ...
Intel has begun a new round of layoffs, with over 5,000 employees losing their jobs across four U.S. states. The cuts are ...
The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.
According to a report from The Oregonian, Intel initially informed Oregon workforce officials of plans to cut more than 500 workers in the state. However, the figure has now been raised to 2,392, ...
Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...
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