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Lip-Bu Tan seemingly also said that "we are not in the top 10 semiconductor companies" any longer - a frank admission indeed.
Nvidia ( NVDA 0.53%) is one of the hottest stocks on the market today. Over the past five years, Nvidia shares have soared in ...
The comments come as Intel begins thousands of layoffs across multiple locations, a sweeping move aimed at making the company ...
Intel, the Bay Area tech giant whose failure to innovate alongside other major chipmakers has turned it into a laggard of the ...
Intel CEO Lip-Bu Tan admits the company has fallen behind the competition, says that Intel is 'not in the top 10 ...
"I think is too late for us" to catch up with Nvidia's position in AI, said Lip-Bu Tan. But he said Intel has other ...
Many investors may wonder if shares have gotten too expensive to buy. Don't be fooled: Nvidia stock is still reasonably ...
NVIDIA has become the first publicly traded company to reach a $4 trillion market cap, driven by soaring demand for its AI ...
The faltering company has laid off 4,000 in the U.S. this week. The impacts will be felt most acutely in Oregon.
Intel CEO Lip-Bu Tan made a shocking admission, saying it’s now “too late” for Intel to catch up in the AI race, as the ...
Bu Tan, admits the company has fallen behind in the AI market and is unlikely to catch up with leading competitor Nvidia.
Twenty, 30 years ago, we are really the leader,” CEO Lip-Bu Tan said in a message to employees, as reported by The Oregonian. “Now I think the world has changed. We are not in the top 10 semiconductor ...