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We model AMD reaching $17.9 billion in AI GPU revenue in 2029. In turn, AMD’s GPU revenue should grow at a 29% CAGR over the next five years. While these estimates pale in comparison to the $115 ...
Intel is set to slash nearly 4,000 jobs across the US, with the deepest cuts — 2,400 positions — in Oregon alone. The layoffs ...
Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...
In a revised letter to state and local officials on Thursday, tech giant Intel Corporation said it will be laying off 2,392 ...
Defense procurement in the West is sluggish, expensive, and stifles innovation. Tiberius Aerospace and its CEO plans a ...
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
The Intel Corp. is laying off 110 of its employees in Austin as it embarks on a plan to cut as much as 20% of its giant ...
Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...
The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, two people familiar with the matter told Reuters.
Intel new CEO Lip‑Bu Tan is hunting for fresh growth avenues at the struggling US chipmaker, including restructuring the foundry business.