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The move is intended to tackle rising costs and help the company navigate through persistent financial and competitive challenges, particularly in the AI and chip manufacturing sectors.
The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...
Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
Intel has filed documents revealing that the company plans to lay off as many as 5,000 workers in an effort to make the ...
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
TSMC's 30% growth is driven by soaring AI and HPC chip demand. Click to read more on my updated look at TSM and its Q2 ...
A number of high-profile technology companies have announced job cuts this summer as the industry faces rapid change.
Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.
Advanced Micro Devices, Inc. gains momentum with China expansion, AI adoption, and OpenAI ties. Click for my updated look at ...
A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024 and 2025.
The switching costs and intangible assets required to displace these machines are enormous, with no competitor coming close to ASML’s technological leadership. As lithography machines get more complex ...
Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...