Once the world’s largest chipmaker, Intel is trying to recover from an extended decline in sales and a $19 billion loss last ...

“We need to change.” After Intel’s last CEO, Pat Gelsinger, retired suddenly in December, the company’s interim leaders decided to spin out its venture capital arm. Tan reversed that ...

Other changes include having Intel’s data center and AI (DCAI) chip group and personal-computer chip group report directly to ...

Tan, named CEO of chipmaker Intel ( INTC) in mid-March, hasn’t been invisible since his appointment. He gave the keynote address at a company event later that month, coming onstage in sneakers and a ...

Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.

Intel's new CEO plans major workforce cuts amid economic uncertainties. 2025 Diverse Business Leader Awards Albuquerque Business First seeks to recognize leaders who are promoting authentic ...

Intel shareholders on Tuesday approved a measure by the chipmaker aimed at topping up share reserves to attract and retain ...

The 65-year-old joined the company roughly three months after previous CEO Pat Gelsinger retired in December after failing to keep up with Nvidia and other companies in the AI chip race.

Intel's former CEO praised Nvidia's execution and AI product advantage. Nvidia's AI chip market success comes from competitive moats, said Pat Gelsinger. Intel's new CEO, Lip-Bu Tan, acknowledged ...

Intel is planning to cut 20 percent of its workforce, a decision that could see around 20,000 people laid off from the company.