Intel’s New CEO Calls for Brutal Honesty to Spark Innovation
Intel’s new CEO Lip-Bu Tan calls for brutal honesty and engineers’ empowerment to drive innovation and restore market leadership.
Intel
Read More
Intel Scraps AI Chip Sales Forecast, Shares Drop Despite Strong Revenue
Intel revises its AI Gaudi chip sales forecast for 2024 amid challenges, leading to a significant drop in its stock despite strong revenue reports.
Sony Chooses AMD Over Intel for PlayStation 6 Chip
Sony has chosen AMD over Intel for the PlayStation 6 console, impacting Intel’s contract manufacturing business and highlighting shifts in the tech industry.
Intel Slashes 15% Jobs Amid AI Chip Battle and Market Challenges
Intel cuts 15% of its workforce and suspends dividends as it pivots to AI chip manufacturing, impacting the global tech landscape.
Intel to Slash 15% of Jobs Amid Turnaround Efforts
Intel is cutting 15% of its workforce and suspending dividends as it focuses on a turnaround plan centered on advanced AI processors and manufacturing capabilities.
Intel Unveils Compliant AI Chips for Chinese Market Amid US Sanctions
Intel is launching two AI chips with reduced capabilities for the Chinese market to comply with U.S. sanctions, following similar moves by Nvidia.
Intel Faces $7 Billion Loss in 2023 Foundry Operations Amid TSMC Competition
Intel reports a $7 billion operating loss for its chip-making unit in 2023 as it battles to regain its technological edge against competitors like TSMC, planning significant investments to turn around by 2027.