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Intel Faces Challenges as CEO Retools. 20m. Credit: Intel. ... suggesting that Intel’s new, AI-friendly chips might not be attracting as much as one would expect from new tech.
Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
New CEO Lip-Bu Tan told employees this week that he doesn’t consider Intel among the leading chip companies, a bracing message as the chipmaker began expansive layoffs in the face of severe technical ...
Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company’s ...
Intel’s new CEO, Pat Gelsinger, knew what he was getting into—and he took the job anyway. He’s charged with restoring iconic chipmaker Intel to its former glory, and doing so in a turbulent ...
Intel is set to lay off 5,000 more workers, including 2,500 in Oregon and 2,000 in California, as it flattens company ...
Intel shares surged nearly 15% on Thursday, closing up 14%, as investors welcomed the appointment of Lip-Bu Tan as the company's new CEO. Tan, a former Intel board member and long-time chip ...
Exclusive-Intel CEO Lip-Bu Tan Flattens Leadership Structure, ... Intel's data center and AI chip group, ... A top challenge is confronting the rise of Nvidia, ...
Intel CEO Pat Gelsinger describes the company’s “AI Everywhere” strategy at its Vision 2024 conference this week. Intel Corp. Nvidia started with a leg up on competitors.
Intel co-CEO Michelle Johnston Holthaus indicated she is more confident about the company’s PC efforts than those with AI accelerator chips or server CPUs in her first public appearance with her ...
Pat Gelsinger has stepped down from his role as Intel Corp.’s chief executive, the chipmaker announced today.Gelsinger left the CEO post and his board seat on Sunday. Sources told Bloomberg that ...
Investors are counting on Gelsinger — Intel’s former chief technology officer and current CEO of software giant VMWare — to bring that kind of vision back to Intel.