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Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.
New CEO Lip-Bu Tan told employees this week that he doesn’t consider Intel among the leading chip companies, a bracing message as the chipmaker began expansive layoffs in the face of severe technical ...
Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company's ...
Intel CEO Lip-Bu Tan reveals the company's struggles in the semiconductor market, admitting it’s too late to compete with AI ...
Intel's annual conference shifts to Phoenix amid sweeping CEO-led reforms ...
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Barchart on MSNIntel Is Kicking Off a Major Layoffs Push. What Do the Job Cuts Mean for INTC Stock?Intel’s sweeping layoffs highlight a dramatic push to cut costs and streamline operations as it battles to reclaim lost ...
Intel is undergoing a significant and painful restructuring effort, which includes substantial workforce reductions.
Intel CEO admits defeat in the AI race, revealing the company is no longer a top 10 semiconductor firm, layoffs continue amid ...
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Intel's new CEO, Lip-Bu Tan, delivered a sobering assessment, acknowledging the company's decline in the semiconductor ...
In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.
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