[ad_1] Three senior executives in Intel’s manufacturing operations are set to retire, Intel told Reuters on Thursday, as new CEO Lip-Bu Tan implements sweeping change to resuscitate the struggling U.S. chipmaker. ARTICLE CONTINUES BELOW VIDEO Intel told staff on Tuesday that corporate vice presidents in the technology development group, Kaizad Mistry and Ryan Russell, would […]
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[ad_1] Apple CEO Tim Cook signaled on Thursday the iPhone maker was ready to spend more to catch up to rivals in artificial intelligence by building more data centers or buying a larger player in the segment, a departure from a long practice of fiscal frugality. Apple has struggled to keep pace with rivals such […]
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[ad_1] Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land external customers to make chips in its factories. New CEO Lip-Bu Tan said on Thursday the company’s engineers were busy working with customers to jump-start its next-generation contract manufacturing process, or foundry, […]
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[ad_1] Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined chipmaker that would issue “no more blank checks.” The job cuts – a majority of which have […]
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[ad_1] Intel’s new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor’s plans. If implemented, the new strategy for what Intel calls its “foundry” business would entail no longer marketing certain chipmaking […]
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[ad_1] Intel’s top strategy executive, Safroadu Yeboah-Amankwah, is departing the company, the latest change since Lip-Bu Tan took the chipmaker’s helm in March, two people familiar with the matter told Reuters. Intel confirmed the departure, saying, “We are grateful for Saf’s contributions to Intel and wish him the best.” Yeboah-Amankwah, who has served as Intel’s […]
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[ad_1] Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with the matter said. Talks about the potential sale of the group, once called NEX in Intel’s financial results, are a part […]
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[ad_1] Intel India introduced its 13th generation of desktop processors in India on Tuesday. The company is also confident that some of the trends seen during the pandemic — such as increase in PC gaming in the Indian market — will continue to hold ground. “Because of the pandemic, there was an increased demand for […]
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[ad_1] Intel has announced its 13th Gen Core processors, led by the Core i9-13900K and the Core i9-13900KF. Codenamed ‘Raptor Lake’, Intel claims the latest generation of processors offers up to a 15 per cent increase in single-threaded performance and up to 41 per cent in multi-threaded performance compared to the 12th generation. If we […]
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[ad_1] Consumer revenue fell 9%, echoing weakness seen at Intel Corp. and Lenovo Group as demand weakened after a pandemic-fuelled boom Consumer revenue fell 9%, echoing weakness seen at Intel Corp. and Lenovo Group as demand weakened after a pandemic-fuelled boom Dell Technologies Inc posted its slowest revenue growth in six quarters on Thursday as […]
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