Tag Archives: Intel

‘No more blank checks’: Intel to cut 25,000 jobs and enforce office return  San Francisco Chronicle Intel Expects Work Force to Shrink by 25,000  The New York Times Intel is cutting more jobs as CEO Tan tries to fix manufacturing missteps  Reuters Intel’s Workforce To Shrink By Nearly A Quarter By Year’s End  CRN Magazine Intel’s Harsh Reality Nullifies Tariff Boost — Heard on …

(Bloomberg) — Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge. Most Read from Bloomberg As part of Intel’s second-quarter report, Tan said the company will cancel some factory projects and take a more conservative approach to future spending. …

The former senior CIA officer who helped oversee the 2017 intelligence assessment on Russia’s interference in the 2016 election says Director of National Intelligence Tulsi Gabbard and the White House are “lying” when they claim that it was an attempt to sabotage President Donald Trump. Susan Miller, a retired CIA officer who helped lead the team that produced the report …

The former senior CIA officer who helped oversee the 2017 intelligence assessment on Russia’s interference in the 2016 election says Director of National Intelligence Tulsi Gabbard and the White House are “lying” when they claim that it was an attempt to sabotage President Donald Trump. Susan Miller, a retired CIA officer who helped lead the team that produced the report …

Stocks to Watch Friday: Intel, Centene, Paramount, Boston Beer  The Wall Street Journal Stocks making the biggest moves premarket: Intel, Centene, Deckers, Paramount and more  CNBC Intel, Centene, Charter, Newmont, Deckers, Boston Beer, Tesla, and More Movers  Barron’s Biggest stock movers Friday: INTC, PARA, SRPT, and more (DECK:NYSE)  Seeking Alpha Earnings live: Microsoft, Apple, Amazon highlight parade of Q2 results next week  Yahoo.co Source link

Intel CEO Lip-Bu Tan sent a memo to employees Thursday informing them of significant ongoing layoffs and other cost-cutting measures. The company has struggled to maintain a competitive edge amid ongoing financial losses and strategic setbacks in the AI and semiconductor markets. “There are no more blank checks,” Tan wrote in a memo to employees, published by Reuters. “Every investment …

July 25 – Intel (NASDAQ:INTC) shook markets on Friday, shedding more than 7% share value in pre-market trading after its Q2 report revealed a $2.9 billion loss and plans to cut over 25,000 jobs by year?end. Revenue came in at $12.9 billion, slightly above estimates, but the company warned of deeper losses ahead and set Q3 revenue guidance between $12.6 …

Intel Nova Lake Core Ultra 300K with 8P/16E cores to feature big L3 cache, aims to rival AMD 3D V-Cache  VideoCardz.com Intel Core Ultra Series 3 CPUs could finally answer AMD’s V-Cache — Nova Lake could boast massive 144MB L3  Tom’s Hardware Intel “Nova Lake-S” Core Ultra 3, Ultra 5, Ultra 7, and Ultra 9 Core Configurations Surface  TechPowerUp Intel Confirms Nova Lake …

Intel’s CEO, Lip-Bu Tan, made some interesting comments after the recent earnings call, regarding upcoming Nova Lake CPUs, Coral Rapids server CPUs with SMT-enabled P-Cores, and a word on its GPU strategy. Intel Changing Its Execution Plans: SMT Coming Back To P-Cores With Coral Rapids Server CPUs, Nova Lake For Consumers Later Next Year As of a few hours ago, …

If the rumors are to be believed, Intel may be gearing up for a major apology to gamers in the form of a suite of gaming-specific CPUs. Intel has suffered through multiple crises, a CEO ouster, sweeping layoffs, and a dour outlook on the future of the once-massive chipmaker. To make its case to consumers, Intel needs goodwill, and who …