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.

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

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.

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 will lay off 529 employees in Oregon starting July 15 as part of a broader restructuring under new CEO Lip-Bu Tan.

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 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 ...

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 sells 51% of Altera to Silver Lake for $4.46B, valuing it at $8.75B amid broader turnaround plans. JPMorgan maintains Underweight on Intel, citing weak growth and a tough path ahead despite ...

As a reference, Intel bought Altera in 2015 at 9 times calendar 2014 sales and in 2020, and Intel Growth Challenges Are Not Over Despite Altera Stake Sale: Analyst Skip to main content ...