Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

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

Intel Corporation (NASDAQ:INTC) ranks among the stocks to benefit from an onshoring boom. With a Neutral rating, BofA ...

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

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

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

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

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

Apple could move to a dual-sourcing semiconductor strategy with next-gen 1.4nm chips using both Intel and TSMC for future ...

The rise of Artificial Intelligence (AI) and Large Language Models (LLMs) has revolutionized the digital world, but it has ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

Dell and Intel's report says that 62 percent of respondents are more likely to choose a Copilot+ Al PC, while 21 percent ...