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"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other ...
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.
The Opportunity and Risk in Beaten-Down Stocks Investing in stocks that have plummeted in value can feel like stumbling upon ...
Explore Intel Corporation's accelerated Foundry roadmap shift and its impact on execution risks. Click for my update on ...
Intel is pursuing aggressive cost-cutting measures, with a goal to lower non-GAAP operating expenses to approximately $17 billion in 2025 and $16 billion in 2026.
Intel’s market capitalization as of late May was approximately $88.18 billion. The company’s book value as of the first quarter of 2025 was approximately $106 billion.
Over the past six months, Intel has struggled, slipping from the mid-$24 range in late November 2024 to about $21.27 as of May 21, 2025a decline of nearly 13%. A brief rally in February briefly ...
Intel (NASDAQ:INTC) edged lower in premarket trading Wednesday after Deutsche Bank restarted coverage on the chipmaker with a Hold rating, warning that its turnaround will require more time and ...
Intel’s new CEO Lip-Bu Tan has unveiled a strategy to reposition the company in the artificial intelligence chip market, acknowledging past missteps and emphasising that the turnaround will not ...
Oregon Tech Intel stock slides, employees fret as turnaround prospects dim Updated: Apr. 27, 2025, 11:09 a.m. | Published: Apr. 25, 2025, 11:30 a.m.
The transaction marks Intel’s first significant strategic move under its new CEO, Lip-Bu Tan. It underpins the company’s broader turnaround strategy and refocuses on its core x86 businesses.