Intel CEO Says Company Has Fallen From 'Top 10' Semiconductor Firms, 'Too Late' To Catch Nvidia in AI
Intel CEO Lip-Bu Tan told employees this week that the company has fallen out of the "top 10 semiconductor companies" and that it's "too late" to catch up with Nvidia in AI training technology.
The remarks came as Intel began laying off thousands of workers globally, including 529 in Oregon and several hundred others in California, Arizona and Israel. "Twenty, 30 years ago, we are really the leader," Tan said during a conversation broadcast to Intel employees worldwide. "Now I think the world has changed. We are not in the top 10 semiconductor companies." Tan said Nvidia's position in AI training is "too strong" and that customers are giving Intel failing grades.
Intel's market value has dropped to around $100 billion, roughly half its value from 18 months ago, while Nvidia briefly hit $4 trillion on Wednesday. Tan said Intel will instead focus on "edge" AI that operates directly on devices rather than centralized computers.
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Jeffrey Epstein's final message to friend from prison made eerie hint about what was to happen
Author Michael Wolff has revealed Epstein's final words before he was found hanged in his cell in New York City on August 10, 2019.
Brooklyn Beckham and wife Nicola publicly wish his sister Harper a happy 14th birthday following fears they wouldn't reach out - but notably leave David and Victoria out of family photo amid feud
Brooklyn Beckham paid tribute to his sister Harper on her 14th birthday - in a move which shocked fans amid the alleged tensions in the family.
Bin schedule in Chelmsford changed due to hot weather
Locals should put out their bins much earlier!
How a local's weather knowledge helped to rescue a teen surfer who miraculously survived overnight after being swept out to sea
While marine rescue combed a 15km stretch of the sea, the teen's father received information that proved critical in locating his boy.
Trump tariffs turn techies topsy-turvy as US braces for PC tax
Shipments in America flat, surge across ROTW ahead of Win 10 support cutoff
Tariff uncertainty caused by US President Donald Trump still hangs over the PC industry despite manufacturers navigating a "complex regulatory maze" to avoid being in the firing line over import taxes when the shooting begins.…
Schoolboy, 16, filmed holding a seagull he killed 'like a trophy' before shooting a disabled man with a catapult is spared jail
The teenager from Ashford in Kent, who cannot be named due to his age, was arrested after a sickening video captured the moments after he killed the bird.
British 'drug mule's' lawyer hits back at Thai police for trying to discredit her claim crooks forced her to smuggle narcotics into Georgia as they push for plea bargain
Malkhaz Salakaia said CCTV released this week showing the pregnant teenager calmly passing through checks in Bangkok Airport proved nothing.
KENNEDY: The slimiest politicians I've ever met... from the Congressman who chased Fox News beauties to the married senator who I spied with a hot blonde in a hotel lobby
For if you think that narcissistic superstars are bad, let me tell you, power-hungry egomaniac legislators are even worse.
The simple pavement test that could reveal a major red flag in your partner
UK professional dating coach Jacob Lucas has revealed three things a man does while walking with his partner that could be red flags.
Why Prince Philip's rumoured love-child finally snapped after an awkward encounter with the Royal writes CHRISTOPHER WILSON
One day in 1988, out of the blue, Max Boisot, a respected professor in a Chinese university issued a bombshell statement declaring that he was not the son of Prince Philip .
Bibby Stockholm asylum seeker who went on the run after being caught with drugs is spared prison
Kenson Noel, 30, was sent to live on the migrant barge in Portland, Dorset, in May last year but when he arrived he was found to have 6.5g of cannabis on him.
Outlook is down! Users unable to access emails due to login and server connection problems
It is an email service used by millions of people around the country. But Microsoft Outlook now appears to be down in an outage affecting thousands of Britons.
Sweltering Wimbledon hit by TWO medical emergencies on Centre Court as world No 1 Aryna Sabalenka stops her semi-final to hand out water
The No 1 seed stopped the match to pass her water bottle to a supporter who was struggling with the 29C heat in the Centre Court cauldron.
Singer debuts bold new look that leaves fans gobsmacked as she channels Hollywood icon in 1930s pin-up style blonde wig and frilly crop top... but can you guess who it is?
A popular singer has stunned fans by debuting a bold pin-up inspired transformation, worlds away from her previous looks. But can you guess who it is?
Revealed: 'Difficult' Christian Horner's 'heated argument' with Max Verstappen's dad, days before Red Bull sacking, as key document suggests the real reason behind Geri Halliwell's husband's axeing
Amid the developing scandal, fault lines emerged within the Red Bull camp, with Jos openly calling for Horner to leave the set up, and telling Mail Sport that the team was 'in danger of being torn apart'.
I'm a cardiologist who suffered a heart attack - don't make the same mistake I did by ignoring the little-known warning signs
American heart expert Dr William Wilson said he simply couldn't believe he was experiencing a heart attack despite his vast knowledge of the organ and symptoms of the medical emergency.
Kemi Badenoch says people with anxiety and mild depression should not get benefits as she demands 'a line in the sand' to cut 'immoral' welfare costs
The Conservative leader lashed out the UK's welfare dependency today as she outlined proposals to cut billions from the bill and get people back into work.
Jordan Henderson's Ajax contract is TERMINATED a year early: Club release statement on 'player's request'
Jordan Henderson will leave Ajax with immediate effect, paving a way for a return to the Premier League for the former Liverpool captain this summer.
Millions of Tonnes of Nanoplastics Are Polluting the Ocean
Researchers have discovered 27 million tonnes of nanoplastics distributed across just the top layer of the temperate to subtropical North Atlantic Ocean, according to a study published in Nature. The team sampled water at three depths across 12 locations during a November 2020 research cruise, finding average concentrations of 18 milligrams per cubic meter of three plastic types: polyethylene terephthalate, polystyrene and polyvinylchloride.
These particles, smaller than one micrometer in diameter, behave differently from larger microplastics by remaining suspended throughout the water column rather than settling to the ocean floor. The nanoplastics can pass through cell walls and enter the marine food web through phytoplankton, said Tony Walker, an environmental scientist at Dalhousie University. The world's oceans contain an estimated 3 million tonnes of floating plastic pollution when excluding nanoplastics.
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