New Intel CEO Lip-Bu Tan told employees Thursday to expect “several months” of job cuts as the chipmaker works to buttress ...

Other changes include having Intel’s data center and AI (DCAI) chip group and personal-computer chip group report directly to ...

Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.

Intel CEO Lip-Bu Tan reportedly plans to cut 20% of the company's workforce. Intel is one of the Valley's largest employers.

Tan, named CEO of chipmaker Intel ( INTC) in mid-March, hasn’t been invisible since his appointment. He gave the keynote address at a company event later that month, coming onstage in sneakers and a ...

Intel CEO Lip-Bu Tan plans to cut 20% of ... fell 124,800 to 108,900 over the same period. Gelsinger was pushed into an abrupt retirement in December after his plan to reorient Intel into chip ...

Former Intel CEO Pat Gelsinger admitted Nvidia's AI chip dominance stemmed from superior execution by CEO Jensen Huang and strategic advantages like NVLink and CUDA. Intel's missteps, including ...

The 65-year-old joined the company roughly three months after previous CEO Pat Gelsinger retired in December after failing to keep up with Nvidia and other companies in the AI chip race.

Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves to attract and retain ...

Intel's former CEO praised Nvidia's execution and AI product advantage. Nvidia's AI chip market success comes from competitive moats, said Pat Gelsinger. Intel's new CEO, Lip-Bu Tan, acknowledged ...

Pat Gelsinger, the former CEO of Intel Corp. (NASDAQ ... Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey ...