Intel Confirms Upcoming Layoffs and New CEO's Return to Office Mandate

Intel has announced significant layoffs as part of a major restructuring under its new CEO. The company is also implementing a return to office mandate, marking a shift from remote work policies. This move is part of a broader strategy to revamp the company's operations and improve efficiency 📉👥.

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Intel Adds Jaguar Shores to Gaudi AI Accelerator Roadmap

Intel has added Jaguar Shores to its Gaudi AI Accelerator roadmap, aiming to compete more fiercely against AMD and Nvidia in the AI acceleration market. This move is part of Intel's strategy to enhance its AI capabilities 📊🔧

Intel Names New CEO, Lip Bu Tan

Intel has named Lip-Bu Tan as its new CEO, effective March 18. Tan, a semiconductor veteran and former head of Cadence Design Systems, will take on the challenging task of turning Intel around amidst market competition and financial pressures. 📊🔧

Intel gains as chip sector rallies

Intel shares rise sharply year-to-date by 50%, fueled by onshoring talks and hardware momentum. Investors watch closely for earnings updates on its turnaround strategy. This boost comes alongside other US tech gainers, signaling robust sector health despite global worries. Positive vibes dominate premarket. 💻🔥

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Intel Confirms Upcoming Layoffs and New CEO's Return to Office Mandate

More intel News

Intel Adds Jaguar Shores to Gaudi AI Accelerator Roadmap

Intel Names New CEO, Lip Bu Tan

Intel gains as chip sector rallies