The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.

Intel bolsters its AI chip strategy with new executive hires, including a Chief Revenue Officer and key engineering VPs, ...

Intel announced a set of leadership changes aimed at CEO Lip-Bu Tan's attempted transition to a more engineering focused ...

Intel (NasdaqGS:INTC) recently announced key leadership changes, including the appointments of Greg Ernst and Srinivasan ...

Intel has announced that new products from the company won't be assigned engineers unless it can promise '50% or higher gross ...

New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday.

Intel said Thursday that the company will lay off more than 15 percent of its workforce, layoffs that were forced upon it by unused manufacturing capacity and charges associated with the launch of ...

The Board's co-CEO decision mirrors past mistakes, focusing on product groups while neglecting the critical foundry segment, risking Intel's future competitiveness. Given the leadership change and ...

With the new changes, Sachin Katti will become ... Furthermore, Katti will also be in charge of Intel's new AI strategy and products roadmap. The appointment of a dedicated AI chief is perhaps ...

Notably, Tan indicated no change to Intel’s strategy and gave no hint that he ... “To enable great products, I am equally focused on creating great (manufacturing) process technology ...