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 reduce its expenses.

Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.

Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...

Intel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu ...

Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.

Intel Corp. has made its third wave of layoff announcements in three weeks. Intel plans major layoffs, report says CEO Lip-Bu ...

While Intel's new CEO Lip-Bu Tan is still pondering how to find a path forward for its foundry business, US-based ...

Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...

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

Intel CEO Lip-Bu Tan has told employees that the company has fallen out of its leadership position and apparently is behind ...

Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian.

The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.