Bu Tan, admits the company has fallen behind in the AI market and is unlikely to catch up with leading competitor Nvidia.

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 ...

Nvidia's CEO, Jensen Huang, recently sold company shares worth $36.4 million as part of a pre-arranged trading plan adopted earlier this year.