Intel plans over 2,300 job cuts in Oregon, part of a global restructuring to become leaner amid intense AI competition.

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

RealSense, now independent from Intel, has secured $50 million in funding to expand AI-powered robotics and biometric vision ...

Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...

Intel Corp (NASDAQ: INTC) chief executive Lip-Bu Tan reportedly conceded in a recent Q&A session with employees that it’s too ...

Intel is undergoing a major transformation, shifting from a CPU-centric model to a multi-platform foundry and AI silicon ...

Intel CEO admits defeat in the AI race, revealing the company is no longer a top 10 semiconductor firm, layoffs continue amid ...

Intel said its is spinning out its artificial intelligence robotics and biometric RealSense and announced a $50 million ...

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

The semiconductor colossus has revealed a decision to cut 410 jobs in the Bay Area during July, according to official WARN ...