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 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 (INTC-1.28%) is in the midst of a massive turnaround plan -- one that includes catching up to rivals in CPU technology, inventing new AI-related platforms via its Gaudi accelerators, and ...

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 ...

Intel Returns to Profitability But Its Turnaround Won’t Happen Overnight On Thursday, Intel Corporation (NASDAQ: INTC) returned to profitability after having posted its largest ever loss in the ...

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 ...

Stephen Shankland worked at CNET from 1998 to 2024 and wrote about processors, digital photography, AI, quantum computing, computer science, materials science, supercomputers, drones, browsers, 3D ...