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

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

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

“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 ...

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.

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 CEO Lip-Bu Tan plans to cut 20% of ... fell 124,800 to 108,900 over the same period. Gelsinger was pushed into an abrupt retirement in December after his plan to reorient Intel into chip ...

Pat Gelsinger, the former CEO of Intel Corp. (NASDAQ ... Maximize saving for your retirement and cut down on taxes: Schedule your free call with a financial advisor to start your financial journey ...

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 ...