Intel, Deep Job Cuts
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Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
On a Mission to Dominate British chip design titan Arm Holdings (NASDAQ:ARM) sent shockwaves through the tech industry earlier this year with a bold claim: it aims to capture 50% of the data center CPU market by the end of 2025,
Apple could move to a dual-sourcing semiconductor strategy with next-gen 1.4nm chips using both Intel and TSMC for future M-series processors.
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Korea JoongAng Daily on MSNU.S. shift in approach to AI sector could be boom, doom for Korea
The United States is rewriting its tech strategy by sidelining chip manufacturing in favor of accelerating AI infrastructure like data centers and power systems, reshaping global competition and putting Korean firms on notice.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost control, and execution.
The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at major companies like Intel, M
Artificial intelligence companies are largely cheering President Trump’s “AI Action Plan” issued this week — no surprise, since it reduces regulations to make it easier for them to make money.
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, a potentially drastic move by the new CEO to cut spending and revive the struggling American icon.
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 earnings and layoff announcement, threatening to erase most yearly gains.
Intel Corporation (NASDAQ:INTC) is one of the AI Stocks in the Spotlight Right Now. On July 22, Loop Capital initiated coverage of the stock with a “Hold” rating and $25 price target. According to the firm,
Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of identifying investors, the chipmaker said on Friday, as new CEO Lip-Bu Tan looks to streamline its operations.
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Automate Your Life on MSNIntel may bring Copilot+ AI to Windows 11 desktop PCs
Intel might be gearing up to change the way desktop PCs handle AI. According to rumors and recent leaks, the company’s next big move could be centered around bringing its advanced AI capabilities, specifically