Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.

Intel shares have dropped nearly 30% over the past 12 months, trading at around $21.50 on Wednesday. 4 Intel, the tech company headquartered in Santa Clara, Calif., is set to slash up to 20% of ...

Intel's newly appointed CEO, Lip-Bu Tan, is the troubled chipmaker's best and last hope to attempt a turnaround as its significance in the United States' fight for global technological dominance ...

Intel Chief Executive Pat Gelsinger has been forced out less than four years after taking the helm of the company, handing control to two lieutenants as the faltering American chipmaking icon ...

Chipmaker Intel Corp. is cutting 15 percent of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.

Intel is reportedly preparing to further reduce its headcount, this time by laying off more than 20 percent of its employees. It could announce a plan to do so as soon as this week.

Oct 29 (Reuters) - Pat Gelsinger took the reins as Intel , opens new tab CEO three years ago with hopes of reviving the American industrial icon. He soon made a big mistake.

On Monday, Intel CEO Pat Gelsinger abruptly decided to retire after less than four years on the job. That was the official story, anyhow. The truth is more complicated.

So it was really only a matter of time before we got some specifics out of chip stock Intel (INTC) and its new CEO Lip-Bu Tan. The specifics, however, are not catching on the way he likely hoped ...

Chipmaker Intel Corp. is cutting 15% of its massive workforce — about 15,000 jobs — as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.

Intel claims to be on track to launch its 18A process next year. The company says 18A will be competitive with TSMC's technology and allow Intel to start making all of its own processors again.