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

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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 ...

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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 ...