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's new CEO Lip-Bu Tan also reportedly told employees it's too late for the company to catch up with Nvidia in the AI GPU ...

Intel CEO admits defeat in the AI race, revealing the company is no longer a top 10 semiconductor firm, layoffs continue amid ...

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 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 was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...

New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...

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

Exclusive: Intel's new CEO explores big shift in chip manufacturing business By Max A. Cherney , Jeffrey Dastin and Stephen Nellis July 2, 2025 6:30 PM UTC Updated July 2, 2025 ...