News

TweakTown22h

Intel is spinning off its Network and Edge Group into a stand-alone business

Intel is looking for investors in order to spin-off its long-running Network and Edge Group (NEX), which generated $5.8 ...

What is Lip-Bu Tan doing for Intel stock that’s different from Pat Gelsinger?

Intel Corp (NASDAQ: INTC) tanked nearly 10% on Friday even though the chipmaker, under its new chief executive Lip-Bu Tan, ...

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 ...

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
CIO Dive11h

Intel gets a boost from AI-enabled PCs as its foundries flounder

The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Engineering News-Record15h

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.

'No more blank checks': Intel looks committed to Arizona, even as it retreats elsewhere

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
DIGITIMES1d

Apple reportedly evaluates Intel 14A process; Nvidia expresses interest in trial production

As US chip giant Intel CEO Lip-Bu Tan openly stated that the company may consider terminating its 14A process node plan if it ...

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 ...

Ohio leaders respond to setbacks in Intel's project

Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...

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 ...