Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

Intel CEO Lip-Bu Tan made a shocking admission, saying it’s now “too late” for Intel to catch up in the AI race, as the ...

Bu Tan, has announced that the company is no longer among the world's top 10 semiconductor firms due to increasing competition and customer dissatisfaction.

After cutting over 15,000 jobs this year, Microsoft is now urging its remaining workforce to sharpen their AI capabilities.

The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN ...

Tech layoffs are hitting Austin. Indeed cut 1,300 jobs company-wide, while Intel plans to lay off another 150 Austin ...

Intel is undergoing a significant and painful restructuring effort, which includes substantial workforce reductions.

Intel’s sweeping layoffs highlight a dramatic push to cut costs and streamline operations as it battles to reclaim lost ...