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Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...
The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...
In August of 2024, having fallen behind its competitors in the chipmaking industry, Intel announced a companywide ...
Intel shares dipped 7% in after-hours trading after Lip-Bu Tan, a former Intel board member who took over as CEO in March, said on an earnings call that the chip firm expects revenue and gross margin ...