Bu Tan, admits the company has fallen behind in the AI market and is unlikely to catch up with leading competitor Nvidia.

The comments come as Intel begins thousands of layoffs across multiple locations, a sweeping move aimed at making the company ...

Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...

What it is Step into expansive gaming with the Lenovo 17″ LOQ, now $205 off. This powerhouse pairs a 13th Gen Intel Core i5-13450HX (E-cores up to 3.4 GHz, P-cores up to 4.6 GHz) with ... Read more ...

Intel has announced plans to lay off an additional 2,400 employees, intensifying its nationwide job cuts to nearly 4,000 by mid-July.

The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.

Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...

Scale-up fabrics connect accelerators (GPUs, AI processors) within a single rack or AI pod, prioritizing ultra-low latency ...

Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...

Nvidia became the first publicly traded company to surpass a $4 trillion market capitalization value, 13 months after ...

New Intel CEO Lip-Bu Tan has delivered a stark reality check, admitting the company has lost the AI training race to Nvidia ...

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