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 ...

will retire from the board at Intel's annual meeting in May. Intel has nominated 11 directors, who all currently serve on the board, including new CEO Lip-Bu Tan. The shake-up comes after Intel ...

“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 ...

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 ...

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 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 ...

Intel’s new CEO dispelled hope for a quick solution to ... who took over after his predecessor, Pat Gelsinger, was pushed out. Intel’s troubles are years in the making after its executives ...

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