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Intel Corp., a major semiconductor manufacturer with a sizable Chandler campus, plans to cut more than 20% of its national workforce. That's according to Bloomberg News, citing unnamed sources.
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 ...
Recession indicator? Intel is set to lay off tens of thousands of employees. Credit: Matthias Balk/picture alliance via Getty Images There's been a lot of talk online about "recession indicators ...
Intel’s new chief executive officer, Lip-Bu Tan, has his work cut out for him, just like his predecessor, Pat Gelsinger, did several years ago. And given the even worse state that Intel is in – ...
Intel plans to eliminate 20,000 jobs or more across the company, Bloomberg reported Tuesday night, citing an anonymous source familiar with the chipmaker’s plans. The cutbacks would follow ...
The past year has been anything but positive for tech giant Intel. The company has suffered nightmarish processor woes, been eliminated from the dedicated graphics card market, and, to add insult ...
SAN FRANCISCO, April 24 (Reuters) - Intel CEO Lip-Bu Tan met recently with Taiwan Semiconductor Manufacturing Co's CEO to discuss how the two companies could collaborate, Tan said during a ...
As Intel Corporation INTC works to reclaim its position in the semiconductor race, its new CEO is urging patience from investors. What Happened: On Thursday, during Intel's first-quarter financial ...
Intel's new CEO is reportedly considering drastic measures to reshape the company's culture and operations, with potential impacts on thousands of employees in the Valley. The layoffs are an ...
Intel stock is moving higher thanks to trade war news and a report that the company is gearing up for another big round of layoffs. The Trump administration is signaling that it wants to get a ...
Intel Ireland has said it is not commenting on media reports that the company is to slash more than 20% of its global workforce, with a spokesperson calling the reports "rumour and speculation".
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