Intel CEO Lip-Bu Tan wrote Thursday in a memo to employees he's a big believer in “the best leaders get the most done with ...

Intel Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action under new Chief Executive Lip-Bu Tan, but its stock tumbled on its outlook, ...

In August of 2024, having fallen behind its competitors in the chipmaking industry, Intel announced a companywide ...

The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...

Intel’s new CEO dispelled hope for a quick solution to his company’s problems that have turned the one-time chip making titan ...

Layoffs will begin in the current quarter and include "eliminating management layers". Read more at straitstimes.com. Read ...

Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...

Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce specific layoff numbers.

Intel shares dipped 7% in after-hours trading after Lip-Bu Tan, a former Intel board member who took over as CEO in March, said on an earnings call that the chip firm expects revenue and gross margin ...

Intel says that it is selling more of its older Raptor Lake PC processors than Lunar Lake chips, as the company wrestles with ...

The dour outlook from Intel could be another source of pessimism for investors who are counting on Tan to turn the chipmaker ...