The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.

Once a titan of the semiconductor industry, Intel (INTC) has struggled in recent years to keep up with rapidly evolving ...

We recently published 13 Stocks That Jim Cramer Recently Talked About. Intel Corporation (NASDAQ:INTC) is one of the stocks ...

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

Years of strategic errors and missed opportunities have left the tech giant fighting for survival in a world it helped create but can no longer control ...

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 ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

Gross margin remains under pressure, falling by 790 basis points from 35.4% to 27.5%, while adjusted gross margins fell 900 ...

Intel’s top line is projected to decline again this year - suggesting revenue stagnation could become the norm.

The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...

Pat Gelsinger’s keynote made it clear where Intel INTC -4.2% plans to innovate: AI. No surprise to anyone with a pulse, to be sure, but his enthusiasm was infectious.

TL;DR: Elon Musk has acquired Intel for $133 billion, introducing the Core xAI processor for the next-gen Xbox AI console. Intel's new CEO, Lip-Bu Tan, will collaborate with Musk to enhance Intel ...