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.

Okay, the foundry was ill-advised. You’re right, we need them in the country, but they are not necessarily profitable, and ...

Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, admitting that Nvidia's lead is just too great. Intel could find success in ...

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

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 ...

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

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

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.

Intel is planning to unveil a new PC powered by an AI semiconductor chip, which the company sees as becoming the industry standard in the future. "I’ve defined this AI PC as a Centrino-like ...