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 ...

AUSTIN ( ABJ) — Intel Corp. plans to lay off another 150 employees in Austin. The reduction comes about nine months after the Silicon Valley-based company said it was laying off 250 employees here as ...

Intel is preparing to eliminate more than 500 positions in Oregon as part of a sweeping reorganization that may impact up to 20% of its global staff.

According to reports, 529 employees at Intel’s Hillsboro and Aloha facilities will lose their jobs. This follows an earlier ...

The Intel Corp. is laying off 110 of its employees in Austin as it embarks on a plan to cut as much as 20% of its giant ...

"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other ...