Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

Nvidia's more attractive share price valuation, combined with its many other strengths, makes it the superior quantum ...

Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call that turning around the troubled chipmaker would take time.

(Reuters) -Intel said on Thursday it plans to slash its headcount to 75,000 by the end of this year, down from 99,500 at the end of 2024. Shares of Intel jumped roughly 3.8% in extended trading.

Nvidia's rapid rise also has anointed the company's founder and CEO Jensen Huang as "the godfather" of AI, whose dissertations about the technology's direction attract enraptured audiences. Huang's ...

Nebius leverages custom AI cloud infrastructure, Nvidia partnership, and expert leadership for rapid growth. Read here for ...

After soaring in 2023 and 2024, shares of Tesla (NASDAQ:TSLA) were battered throughout Q1 2025. And while the stock performed ...

The company has already made cost-cutting strides this month, axing about 9,000 employees in its latest round of layoffs.