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We recently published 13 Stocks That Jim Cramer Recently Talked About. Intel Corporation (NASDAQ:INTC) is one of the stocks ...
Once a titan of the semiconductor industry, Intel (INTC) has struggled in recent years to keep up with rapidly evolving ...
The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Intel shares are trading lower Friday morning. The stock is being hit by a combination of recent, disappointing corporate ...
Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
By contrast, Intel reported a 3% revenue decline in its client segment to $7.9 billion. As those numbers show, Intel is still ...
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 ...
Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
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 ...
The influx of AI technologies, and renewed priorities among organisations seem to be costing thousands of people their jobs.
The newly funded institutes will focus on high-impact areas, including human-AI collaboration and drug development.