Intel Announces Major Overhaul: 20,000 Jobs at Risk Amid Office Return Push
Intel CEO reveals drastic restructuring plans including 20% workforce reduction, mandatory 4-day office attendance, and billions in cost cuts through 2026. The tech giant aims to combat bureaucracy while facing production challenges and mixed financial results.
Intel Plans Massive 20,000+ Job Cuts Amid Restructuring Efforts
Intel prepares to slash over 20% of its global workforce, affecting more than 20,000 positions, as new CEO Lip-Bu Tan aims to streamline operations. The cuts could significantly impact Oregon, Intel's largest hub, while the company struggles to regain industry leadership and compete in the AI chip market.
Revolutionary Image Format Compresses Invisible Light Data for Scientific Breakthroughs
Intel researchers unveil Spectral JPEG XL, a groundbreaking image format that dramatically reduces file sizes for spectral imaging by up to 60 times. This innovation enables scientists and engineers to efficiently work with specialized images capturing invisible light data across multiple industries.
Former Intel CEO Calls for Board Dismissal and Gelsinger's Return to Prevent Company Breakup
Craig Barrett, Intel's ex-CEO, strongly opposes plans to split the company and sell divisions to TSMC, arguing it would squander recent technical progress. He advocates firing the current board and reinstating Pat Gelsinger to continue the company's technological revival.
Intel Faces Potential Split as Broadcom and TSMC Consider Acquisition
Intel Corporation may be headed for a breakup, with Broadcom and TSMC reportedly exploring separate acquisitions of its design and manufacturing operations. The semiconductor giant's strategic shift comes amid market share losses and manufacturing challenges against key competitors.
Intel Breakup Looms as TSMC and Broadcom Consider Split Acquisition
Tech giants TSMC and Broadcom are exploring potential separate acquisitions of Intel's operations, with Broadcom eyeing chip design while TSMC considers manufacturing facilities. The complex deal faces significant hurdles, including U.S. government concerns over foreign ownership of strategic semiconductor assets.
Intel Wins $536M Interest Payment After EU Antitrust Fine Reversal
Intel receives a $536 million interest payment from the European Commission following the reversal of a 2009 antitrust fine. The case's resolution marks the end of a 14-year legal battle and raises questions about EU competition law enforcement.
Intel Abandons Falcon Shores AI Chip to Refocus on Rack-Scale Solutions
Intel has canceled development of its Falcon Shores AI chip as part of a strategic pivot toward complete AI infrastructure solutions. The company aims to strengthen its position in the competitive AI chip market by focusing on Jaguar Shores, a comprehensive rack-scale system.
Intel Unveils Groundbreaking Modular Standards for Upgradeable Laptops
Intel proposes revolutionary standardized designs for modular laptops and mini PCs, enabling component-level upgrades and improved repairability. The initiative could transform the industry by creating an open marketplace for interchangeable parts while supporting right-to-repair efforts.
Intel Unveils Enhanced Laminar CPU Coolers for Core Ultra 200 Series
Intel introduces upgraded Laminar RH2 and RM2 stock coolers for Core Ultra 200-series processors, featuring copper base plates and improved acoustics. The premium RH2 model offers near-silent operation at 23 decibels with ARGB lighting, while the RM2 targets mid-range chips.