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Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals. The company ...
Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan t o be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board ...
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. Other tech ...
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Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core UnitsOne of the most glaring challenges: creating an artificial intelligence accelerator chip that can rival the products of Nvidia Corp. That company, once in Intel’s shadow, has seen its revenue ...
Intel is slashing 15% of its staff as part of a $10 billion plan to reduce costs, the tech company announced in its second-quarter earnings Thursday. “Simply put, we must align our cost ...
“We are going down the path of creating a subsidiary for Intel Foundry as part of the overall company,” said Chief Financial Officer David Zinsner, who became one of Intel’s two interim ...
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