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

New CEO at Intel shifts chip manufacturing business model Tan has requested that teams explore alternatives, such as halting the external marketing of 18A and its variant, 18A-P. Intel may have to ...

Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...

Intel's CEO, Lip-Bu Tan, announced layoffs and a stricter RTO mandate in a Thursday memo. The company also reported flat revenue and a significant loss. Its stock was down after hours.

Intel's new CEO Lip-Bu Tan considers huge changes to semiconductor business: Intel 18A potential write-off, company to shift focus on 14A process.

Intel’s CPU roadmap appears poised for a radical transformation. According to leaked documents cited by ITHome and ...

New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday ...

Tan was announced as Intel’s new CEO last week. He rejoins the company on Tuesday after exiting Intel’s board in August 2024 over clashes with Intel’s former CEO Pat Gelsinger.

When Intel CEO Lip-Bu Tan told employees last Thursday that he is creating a “flatter structure” for his executive leadership team, he spelled out several changes. Outlined in a memo seen by ...

Intel spent months in limbo after its board forced out former CEO Pat Gelsinger in early December. Company executives openly discussed the possibility of breaking up the business, separating its ...

Intel CEO admits defeat in the AI race, revealing the company is no longer a top 10 semiconductor firm, layoffs continue amid restructuring ...

Intel's new CEO Lip-Bu Tan is considering a shift in the manufacturer's contract chip-making business, a change that could cost Intel billions, according to Reuters. ...