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intel

Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

by Sipho Sepamla
Intel CEO Gelsinger retires; Zinsner and Johnston Holthaus named interim co-CEOs

Intel CEO Pat Gelsinger has retired, the struggling chipmaker said Monday in a surprise announcement. Two company executives, David Zinsner and Michelle Johnston Holthaus, will act as interim co-CEOs while …

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Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees

by Merchant Moller
Intel Resumes Free Coffee, Tea To Boost Morale After Laying Off 15,000 Employees

Intel is set to resume free coffee and tea for employees following substantial layoffs as part of broader cost-cutting measures. According to The Oregonian, the chip giant shared in an …

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Tech companies chop hundreds more Bay Area jobs as industry wobbles

by Sipho Sepamla
Tech companies chop hundreds more Bay Area jobs as industry wobbles

SAN JOSE — Tech companies have revealed plans to jettison hundreds more Bay Area workers in an unsettling reminder that the shaky industry is still seeking ways to trim employment. …

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Japan research body AIST to create chipmaking R&D base

by Mark McDuffie
Japan research body AIST to create chipmaking R&D base

The industry ministry-affiliated National Institute of Advanced Industrial Science and Technology, or AIST, will establish a domestic research and development base for semiconductor production equipment and chip materials, it was …

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Intel’s Dow status under threat as struggling chipmaker’s shares plunge

by Sipho Sepamla
Intel’s Dow status under threat as struggling chipmaker’s shares plunge

Intel was one of the first two tech companies to join the Dow Jones Industrial Average during 1999’s dot-com era, along with Microsoft. Now, a slump in its share price …

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Cisco Systems will slash thousands of jobs as tech layoffs widen

by Mark McDuffie
Cisco Systems will slash thousands of jobs as tech layoffs widen

SAN JOSE — Cisco Systems will slash thousands of workers worldwide, a fresh jolt to a shaky Baty Area economy and an unsettling reminder that the region’s tech layoffs have …

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Intel Is Cutting More Than 15,000 Jobs Despite Getting Billions From the US Government

by Mark McDuffie
Intel Is Cutting More Than 15,000 Jobs Despite Getting Billions From the US Government

In a move likely to raise a few taxpayer eyebrows, Intel said today that it will cut 15 percent of its workforce, or more than 15,000 jobs, as it struggles …

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Intel plans massive layoffs that will slash 15,000 workers worldwide

by Mark McDuffie
Intel plans massive layoffs that will slash 15,000 workers worldwide

SANTA CLARA — Intel has disclosed plans for massive layoffs that will lead to a loss of 15,000 jobs worldwide, a wrenching restructuring ushered in by “disappointing” results for the …

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Intel CPUs Affected by Voltage Bug Are Irreparably Damaged

by Lutz Gotzman
Intel CPUs Affected by Voltage Bug Are Irreparably Damaged

Shortly after Intel said it had isolated the issues causing CPU instability on 13th and 14th Gen CPUs, the company has offered more details, including explaining that any damage related …

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Intel Says It Has Isolated Voltage Issues Causing CPU Instability

by Lutz Gotzman
Intel Says It Has Isolated Voltage Issues Causing CPU Instability

Intel, one of the world’s largest chip makers, has been dealing with instability issues with some of its CPUs since 2022. The company believes it has finally found the root …

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