Tan tells staff that catching up to Nvidia is a lost cause Troubled Chipzilla’s new chief Lip-Bu Tan has decided to pull off the sticking plaster and tell staff that Intel is no longer one of the ...

"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other ...

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 ...

Microsoft (MSFT) recently announced layoffs of its global workforce by 9,000 "to implement organizational changes necessary ...

Nvidia, a leading designer of high-end AI chips, entered Israel in 2020 after buying Mellanox Technologies for nearly $7 ...

Intel’s layoff in Oregon will cut 529 jobs starting July 2025 as part of a global restructuring under new CEO Lip-Bu Tan's ...

Cathay Venture, the venture capital arm of Taiwan billionaire Tsai Hong-tu’s banking giant Cathay Financial Holdings, has participated in French AI chip startup SiPearl’s €130 million ($152 million) ...

Intel Corporation (NASDAQ: INTC) announced plans to cut 529 jobs at its Oregon sites in Aloha and Hillsboro, starting around ...

That question was answered yesterday when the news broke: 529 Intel employees in Hillsboro are being permanently laid off. Portland media outlets reported the cuts, and while expected, the reality now ...

The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Intel’s CEO foundry pivot is more than a roadmap tweak; it’s a complete strategic reset. Tan’s decision to leave 18A for ...