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 announced several changes including layoffs, ... Intel: The Turnaround Faces Massive Challenges. Aug. 29, 2024 8:57 AM ET Intel Corporation (INTC) Stock INTC 26 Comments.

Intel's Q1 2025 revenue beat expectations, ... Intel's Turnaround Narrative Falters Amid Structural Challenges. Apr. 28, 2025 12:34 PM ET Intel Corporation (INTC) ... casting doubt on its turnaround.

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.

Intel is undergoing a major leadership change as ceo pat gelsinger steps down less than four years after taking charge. His tenure, marked by an ambitious $20 billion investment in new factories ...

Intel shares slid more than 7% Friday morning, a day after the chipmaker issued a dismal financial outlook that cooled investor expectations for a corporate comeback. Five times Thursday, new CEO ...

Intel was once a giant of Silicon Valley. It's now in the midst of a crisis. The chip giant has seen its value drop sharply this year due to several challenges. Its CEO, Pat Gelsinger, has ...

Oppenheimer notes that Intel (INTC) has announced the retirement of CEO Pat Gelsinger effective December 1. While investors appreciate Gelsinger’s efforts to refocus the company, Intel continues ...

But as Intel deals with financial pressures, technological challenges and a business that may be out of step with the AI reality, it's unclear whether it can pull off his ambitious goals - or how ...

Intel Corporation INTC has plunged 59.3% in the past year against the industry’s growth of 123.4%, lagging its peers Advanced Micro Devices, Inc. AMD and NVIDIA Corporation NVDA. Much of this ...

Intel plans to cut 15% of its workforce, following Tesla's lead. The move is part of a turnaround strategy to regain competitiveness in the semiconductor industry.