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Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Nvidia ( NVDA 0.53%) is one of the hottest stocks on the market today. Over the past five years, Nvidia shares have soared in ...
For decades, Intel has stood as Israel's most prominent private tech employer, bolstered by generous state subsidies and a ...
The comments come as Intel begins thousands of layoffs across multiple locations, a sweeping move aimed at making the company ...
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 ...
Intel CEO Lip-Bu Tan made a shocking admission, saying it’s now “too late” for Intel to catch up in the AI race, as the ...
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably ...
Intel’s sweeping layoffs highlight a dramatic push to cut costs and streamline operations as it battles to reclaim lost ...
Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...
The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...