The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.

Bu Tan, admits the company has fallen behind in the AI market and is unlikely to catch up with leading competitor Nvidia.

Intel has confirmed plans to lay off nearly 4,000 employees nationwide, including in California, Arizona, and Texas.

Intel has announced plans to lay off an additional 2,400 employees, intensifying its nationwide job cuts to nearly 4,000 by mid-July.

The job cuts are taking place in California, Oregon, Arizona and Texas, as leadership looks to reduce layers of teams within ...

In the sphere of AI, Tan was again candid in terms of Intel missing the boat, saying that: "On [AI] training I think it is ...

Seeking Alpha's daily roundup of statements, announcements and remarks that could impact the technology sector. Read more ...

Revelations of the continued layoffs and new restructuring by the struggling semiconductor firm generated headlines in news ...

Elon Musk's robotaxis may soon hit local streets as his company seeks to expand its driverless ridesharing service and catch ...

Computer vision technology firm RealSense said on Friday it has completed its spinout from Intel Corp. and secured $50 ...

Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company’s CEO, Lip-Bu Tan, admitting that Intel has fallen behind in the AI race, ...

TSMC is a core holding with strong AI-driven growth, global expansion reducing risk, and rising earnings potential. See why ...