News

Intel’s CEO just revealed why more layoffs are coming. His memo shows the grim impact of course correction
This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Intel CEO outlines 'hard but necessary decisions'; Trader Guilfoyle: CEO Tan 'Has a Chance'
Intel CEO Lip-Bu Tan says the company is making hard but necessary decisions.NurPhoto/. Intel's second-quarter results ...
Intel’s CEO needs a path to profits to win over stock skeptics
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...
Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks'
Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip ...
Engineering News-Record12h
Intel Again Eases Construction Pace on $28B Ohio Chip Plants
Intel Corp. is again slowing the speed of construction of two $28-billion semiconductor fabrication plants in central Ohio.
Intel slides after CEO struggles to show turnaround on track
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
Intel is laying off thousands of US workers in AI restructuring — CEO Lip-Bu Tan says it's "too late" to catch up with the competition
Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...
TweakTown1d
Intel CEO confirms that SMT (Hyper-Threading) will return to future-generation CPUs
Intel CEO Lip-Bu Tan confirms that the return of SMT (aka Hyper-Threading) will happen on future-generation CPUs, as it ...
Intel cuts back spending, workforce as struggling chip maker mounts comeback
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...