Intel

Intel to lay off over 10,000 factory workers as part of cost-cutting drive

The company said the layoffs will be driven by investment priorities, skills assessments and performance, and ruled out voluntary exits or buyouts

Intel to announce plans to cut over 20% of staff to streamline management

The cutbacks follow an effort last year to slash about 15,000 jobs - a round of layoffs announced in August. Intel had 108,900 employees at the end of 2024, down from 124,800 the previous year

Galaxy Book 5 Pro review: Best of Samsung, Microsoft, Intel rolled into one

With AMOLED display, strong performance, long battery life, and an expanding suite of AI features, the Samsung Galaxy Book 5 Pro ranks among the best Windows-based laptops currently available

Intel's new CEO plots overhaul of manufacturing and AI operations

The new trajectory includes restructuring the company's approach to AI and staff cuts to address what Tan views as a slow-moving and bloated middle management layer

Intel's new CEO Lip-Bu Tan gets pay package valued at about $69 million

Tan has also agreed to buy $25 million in Intel shares in the first 30 days of taking the job

Intel's new CEO Lip-Bu Tan has a history as a successful underdog

Tan, named Intel CEO on Wednesday, faces an enormous challenge in turning around the operations of a company that put the "silicon" in Silicon Valley

Intel names semiconductor industry veteran Lip-Bu Tan as next CEO

Tan will assume the role on March 18, the company said in a statement Wednesday. He will rejoin the board as well after stepping down in August 2024

TSMC pitches Intel foundry joint venture to Nvidia, AMD and Broadcom

Any final deal - the value of which is unclear - would need approval from the Trump administration, which does not want Intel or its foundry division to be fully foreign-owned

Nvidia, Broadcom testing chips on Intel manufacturing process: Report

The two tests, which have not been reported previously, indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars' contract to Intel

Govt, Intel partner to launch AI for Entrepreneurship initiative for youth

The Ministry of Skill Development & Entrepreneurship and American chip maker Intel on Monday announced the launch of 'AI for Entrepreneurship' micro-learning module for young innovators across India, aiming to skill 1 lakh youth through the programme. The National Skill Development Corporation (NSDC), a public-private partnership (PPP) organisation under the administrative control of the Ministry of Skill Development & Entrepreneurship, is also a part of the initiative. The module aims to demystify artificial intelligence (AI) and foster entrepreneurial thinking among young innovators across the country, according to a statement. "This initiative embodies our commitment to fostering innovation, empowering individuals, and building a skilled workforce ready to shape the industries of tomorrow. Together, let us harness the power of AI to unlock potential, create jobs, and drive our nation towards a brighter, self-reliant future where talent and technology drive India's growth ...

Nokia picks Intel's AI and data center leader Justin Hotard as new CEO

Hotard, who will take up the position on April 1, is currently the executive vice president and general manager of Data Center & AI Group at Intel

Microsoft launches Intel-powered Surface Pro 11, Laptop 7 for businesses

The new Intel Core Ultra (series 2) powered Microsoft Surface Pro 11 and Surface Laptop 7 support Microsoft's Copilot Plus PC platform

Intel's quarterly revenue tops estimates as investors await new CEO

Company's quarterly results and forecast were overshadowed by questions about its long-term strategy and efforts to replace former CEO Pat Gelsinger, who was ousted last month

Amit Shah launches Bharatpol, India's new crime-fighting digital platform

Amit Shah launches Bharatpol, India's new crime-fighting digital platform, to help catch fugitives abroad and improve cooperation with international law enforcement

Intel CEO Pat Gelsinger steps down in less than 4 yrs after taking helm

Gelsinger, who resigned on Dec. 1, left the company before the completion of an ambitious and costly four-year plan to restore the company's lead in making the fastest and smallest computer chips

Intel, Samsung results rallies seen short-lived on AI-related challenges

The US firm behind the once ubiquitous "Intel Inside" labels has been hurt by a costly effort to start a foundry business as it also fends off upstart AI chip designers like Nvidia Corp

US's Intel corp wins court fight over EU's historic $1.1 bn penalty

The EU's Court of Justice ruled that regulators failed to prove the US company doled out illegal rebates to PC makers that agreed to buy most of their chips from Intel

HP OmniBook Ultra Flip 2-in-1 AI PCs with Intel Lunar Lake chips launched

Utilising a dedicated neural processing unit (NPU), HP OmniBook Ultra Flip PCs offer AI tools for enhanced security, productivity, and creativity

Intel and AMD unite to form a group amid rising popularity of ARM chips

Intel and AMD have announced the formation of an x86 ecosystem advisory group to compete with ARM chips. The alliance includes founding members such as Lenovo, Microsoft, Google, and Meta

Tech wrap Oct 11: Xbox games on Android, Intel Core Ultra 200S series, more

Microsoft to sell Xbox games through mobile app. Intel Core Ultra 200S desktop processor unveiled. Qualcomm confirms security vulnerability. WhatsApp rolling out chat-specific themes