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

The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...

Samsung and TSMC could benefit from the move, while makers of wafer fab equipment may lose out, according to Bernstein ...

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

Intel's Computex 2025 event showcased Gaudi 3 AI accelerator and new ARC graphics cards, positioning it to gain share in AI ...

Several global tech companies, including TCS, Microsoft, Intel, Meta, and Panasonic, are laying off thousands of employees ...

July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

AMD gains momentum with AI chips ahead of Aug. 5 earnings, while Intel stumbles on foundry strategy and market share loss.

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