Intel CEO Pat Gelsinger took to video to outline his IDM (Integrated Device Manufacturing) 2.0 Vision during the company’s global “Intel Unleashed: Engineering the Future” webcast.

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Intel’s stock plunged 60% in 2024 and the company ousted its CEO. That has left new CEO Lip-Bu Tan facing significant challenges, including how to fix the chip giant’s business. WSJ explains.

There was. Under former chief executive Pat Gelsinger, the great turnaround hope for the company was a planned shift to a foundry model, where Intel makes chips for other companies alongside its own.

Wall Street's consensus is that Nvidia is a great stock to buy hand over fist right now ... considering what former Intel CEO Pat Gelsinger recently said in an interview with Yahoo!

New Intel chief executive Lip-Bu Tan on Thursday announced upcoming layoffs at the struggling US chip maker as White House tariffs and export restrictions muddy the market. Tan did not provide details ...

The 22,000 layoff figure, if accurate, would be larger than Intel’s last round of mass layoffs in August 2024, when then-Intel CEO Pat Gelsinger announced 15,000 job cuts. Intel’s CEO ...

"This is changing the way that we do business internally and really streamlining the business," Pitzer told MarketWatch, adding that the cuts under previous CEO Pat Gelsinger "didn't go after a ...

Tan, an electronics veteran, took over as Intel's CEO last month. His appointment came after Pat Gelsinger suddenly left the role in December. It's a tumultuous time for the once dominant ...

Intel's drive to become a contract manufacturer of chips, a strategy championed by Tan's predecessor, Pat Gelsinger, has strained the company's finances as it pours billions of dollars into ...

The board hired him after predecessor Pat Gelsinger struggled to restore the competitiveness of Intel’s products. He was ousted late last year after sliding sales and mounting red ink doomed his ...

Former Intel CEO Pat Gelsinger admitted Nvidia's AI chip dominance stemmed from superior execution by CEO Jensen Huang and strategic advantages like NVLink and CUDA. Intel's missteps, including ...