The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...

Key Points Intel scaled back its AI accelerator ambitions earlier this year.The company now appears to be refocusing on AI ...

Samsung and TSMC could benefit from the move, while makers of wafer fab equipment may lose out, according to Bernstein ...

OpenAI CEO Sam Altman says the AI industry's obsession with benchmarks is outdated—comparing it to the old Intel-AMD speed ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

Intel might be gearing up to change the way desktop PCs handle AI. According to rumors and recent leaks, the company’s next ...

Intel is looking for investors in order to spin-off its long-running Network and Edge Group (NEX), which generated $5.8 ...

AMD gains momentum with AI chips ahead of Aug. 5 earnings, while Intel stumbles on foundry strategy and market share loss.

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...

This AI giant dominates the market, and despite its explosive growth, the stock might be cheaper than you think.

Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its ...