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Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
GE Aerospace raised its full-year earnings outlook and beat expectations on its top and bottom lines in the second quarter. PepsiCo said its business remained resilient during the second quarter, ...
There is a debate forming between TSMC versus Intel Corporation stock, exploring who dominates the foundry market. Read our ...
Intel is planning to lay off a further 5,000 workers, mainly across California and Oregon, as part of its broader effort to ...
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News9Live on MSNIntel AI layoffs 2025: CEO says it’s too late to compete with NVIDIA, begins mass job cutsIntel has begun laying off thousands of employees in the US and Israel as part of a major AI restructuring push. CEO Lip-Bu ...
Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.
Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...
Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
While Intel's new CEO Lip-Bu Tan is still pondering how to find a path forward for its foundry business, US-based ...
Intel Corp. has made its third wave of layoff announcements in three weeks. Intel plans major layoffs, report says CEO Lip-Bu ...
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.
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