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Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Intel Corp (NASDAQ: INTC) chief executive Lip-Bu Tan reportedly conceded in a recent Q&A session with employees that it’s too ...
According to a report from The Oregonian, Intel initially informed Oregon workforce officials of plans to cut more than 500 ...
Intel CEO admits defeat in the AI race, revealing the company is no longer a top 10 semiconductor firm, layoffs continue amid ...
Intel to cut 4,000 jobs in the US, with Oregon seeing its largest tech layoff under CEO Lip-Bu Tan’s leadership.
Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...
Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp and secured $50 million ...
Intel is undergoing a major transformation, shifting from a CPU-centric model to a multi-platform foundry and AI silicon ...
The round was led by an unnamed semiconductor private equity firm with participation from strategic investors that included ...
The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN ...
Intel is spinning off its AI robotics and biometric venture, RealSense, after cutting 500 jobs. RealSense secured $50 million ...
The RealSense spinout is part of the same narrative. The subsidiary originated in 2013 as part of Intel’s Perceptual ...