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New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...
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New Intel CEO plans overhaul of manufacturing and AI - MSNIntel’s new CEO, Lip-Bu Tan, is preparing to introduce major revisions to the company’s approach to chip production and its strategic direction in artificial intelligence (AI), reported ...
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Stocktwits on MSNIntel Begins Layoffs In Oregon, Arizona As Part Of Broader Overhaul; Retail Traders Stay Positive As Stock RalliesIntel Corp. (INTC) stock rallied sharply on Tuesday, outperforming its tech peers, as the chipmaker began laying off ...
Under former CEO Pat Gelsinger, who stepped down unexpectedly in 2024, Intel pursued an aggressive “five-nodes-in-four-years” manufacturing plan, culminating in the Intel 18A process.
Intel Corp. is set to revamp its contract chip manufacturing business by pivoting away from its highly publicized 18A process ...
New CEO Lip-Bu Tan wastes no time reshaping Intel’s hierarchy to restore the company’s innovative edge and strengthen its AI game.
Gelsinger, who became CEO in 2021, is three years into a five-year plan aimed at transforming Intel into a leading chipmaker. However, recent setbacks have led to increased scrutiny from the board.
Intel is executing a significant transformation under new CEO Lip-Bu Tan, restructuring its board of directors to prioritize semiconductor-specific expertise in a bid to revitalize the company's ...
More details are emerging about Intel’s (INTC) strategic shake-up. According to an exclusive Reuters report, the chip major’s CEO Pat Gelsinger is expected to present a strategic plan to the ...
Semiconductor giant Intel has officially begun a new round of layoffs, following through on CEO Lip-Bu Tan's warning two months ago that job cuts were "inevitable" as part of a wider restructuring ...
The chipmaker's stock is rallying after reports emerged detailing incoming CEO Lip-Bu Tan's plans for a significant strategic overhaul. Intel's New CEO is shaking things up.
Intel has announced that three of its board members will not stand for re-election at its 2025 annual meeting, marking a continued transition under newly appointed CEO Lip-Bu Tan.
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