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Barchart on MSNIs Intel Stock a Hidden AI Winner?Once a titan of the semiconductor industry, Intel (INTC) has struggled in recent years to keep up with rapidly evolving ...
Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Intel's restructuring aims to restore profitability with cost cuts, divestitures, and a core business focus. Click here to ...
Not only is Intel unable to grow right now, it's unable to do so at a time when demand for all things AI is soaring. Peers ...
Gross margin remains under pressure, falling by 790 basis points from 35.4% to 27.5%, while adjusted gross margins fell 900 ...
By contrast, Intel reported a 3% revenue decline in its client segment to $7.9 billion. As those numbers show, Intel is still ...
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
The newly funded institutes will focus on high-impact areas, including human-AI collaboration and drug development.
"year of layoffs" — it's something far deeper. From TCS to Microsoft, Intel to Panasonic, thousands are losing jobs. But the ...
Companies like Intel are at the forefront of this movement, working hard to ensure that the benefits of AI are available to all. One challenge with AI tools, like generative AI, is their high cost ...
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