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Oregon was already reeling as Intel slashed at least 5,400 local jobs over the past 11 months. The notion Intel might also ...
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Cryptopolitan on MSNIntel stock plunges after CEO's strategy shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
After all, Lip-Bu Tan is not just tweaking the playbook for Intel stock – he’s rewriting it! Since stepping into the role in ...
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Gelsinger inherited a mess and it shows in the chart below comparing Intel’s stock performance with some of its major competitors. On Feb. 18, the day after its investor meeting, the stock was off.
"If the U.S. wants to win the global race for technological supremacy, the country’s best tool is a sovereign-wealth fund," ...
Intel's stock price has seen better days, but Pat Gelsinger has also led the company through numerous scandals involving its latest processors. By Kyle Barr Published December 2, 2024 | Comments (14) ...
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
Pat Gelsinger is probably wishing for a much better track record than 50 percent for his bets, but one thing’s for sure, he’s certainly put Intel into the game in a big way.
Intel said Thursday that the future of its contract chip manufacturing business and its willingness to invest in advanced ...
Intel CEO Pat Gelsinger at the company's corporate headquarters in Silicon Valley. His hiring represents a bold gamble that the company can secure its future by looking to the past.
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