Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.

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

Intel's new CEO, Lip-Bu Tan, delivered a sobering assessment, acknowledging the company's decline in the semiconductor ...

"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 ...

Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...

Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...

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

Intel CEO Lip-Bu Tan has told employees that the company has fallen out of its leadership position and apparently is behind ...

We won’t see any new MacBook Pro in 2025, according to Bloomberg’s regular Apple leaker Mark Gurman, who says Apple may delay ...

Lip-Bu Tan, Intel’s incoming chief executive, plans to revamp the embattled tech giant’s chipmaking operations and execute potential job cuts to better compete with industry rivals, according ...

Lip-Bu Tan is a little over two months into his gig running Intel, and he's making his intentions to grow the foundry business clear. But persuading Wall Street that Intel can be a real player in ...

"Lip-Bu's Rolodex is like nobody else's in the semiconductor industry," Intel CFO David Zinsner said at a financial conference this month. Zinsner said Tan recently met with 22 potential customers ...