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Intel shares slid more than 7% Friday morning, a day after the chipmaker issued a dismal financial outlook that cooled investor expectations for a corporate comeback. Five times Thursday, new CEO ...
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 – ...
Chipmaker Intel announced significant spending cuts Thursday that will shrink its workforce this quarter, months after announcing huge layoffs and being awarded more than $7 billion in funding ...
Intel CEO Lip-Bu Tan confirmed a meeting with TSMC CEO C.C. Wei, exploring potential collaboration between the chipmaking giants. While Tan expressed interest in partnership, TSMC previously ...
Intel's revenue forecast below Wall Street estimates amid trade war concerns Tariff fears led to chip stockpiling, impacting Intel's second-quarter outlook Intel plans cost cuts, reducing ...
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 beat estimates but the guidance was once again abysmal. Cash burn is high and the debt is likely to lose IG status at this rate. We tell you what you should look for if this ship is indeed ...
April 25 (Reuters) - One of Intel's biggest missteps over the past decade was the failure to challenge Nvidia's dominance in the fast-growing market for artificial intelligence chips. During his ...
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 ...
Intel Corp is poised to announce plans this week to cut more than 20 percent of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the ...
INTEL, AMERICA’S semiconductor giant, has had some notable bosses. Robert Noyce, its first, invented the silicon chip that gave Silicon Valley its name. Gordon Moore, who came next, etched his ...
Eventually it was time to enter Fab 34, Intel's new state-of-the-art manufacturing facility at its campus in Leixlip, Co Kildare. It was September 2023 and members of the media were being given a ...
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