Cuts follow comments from Intel CEO saying chipmaker is no longer a top 10 semiconductor company

Impacted job roles include design engineers, cloud software workers, and project managers

Latest round of appointments from CEO Lip-Tu Ban

Majority of layoffs expected to take place in July

Companies operating under the newly-formed Saimemory brand

Test was carried out by data center operator Aquatron in partnership with the Los Alamos National Laboratory

New additions have been designed specifically to boost AI workload performance

Segment no longer aligns with new CEO’s strategy

The Garden of the Gods site offers 70MW of existing power capacity and is “ready for retrofit”

New CEO Tan is excited for possibilities but knows there’s still work to be done

CEO Lip-Bu Tan wants to return Intel to its engineering roots

Second round of layoffs employees have faced in a 12 month period

Multiple business groups will now report directly to Lip-Bu Tan

Intel first acquired the FPGA chip company in 2015 for $16.7bn

Deal could see TSMC take 20 percent stake in Intel’s foundry operations

Chips offered from IBM's Frankfurt and Washington DC regions

Will start new role on March 18

Nvidia, AMD, Qualcomm, and Broadcom have all been approached, sources claim

Despite delays, chipmaker says it is still committed to the Ohio One project

Chipmaker also unveils two new Ethernet controller and network adapters

Two companies said to be considering separate acquisitions of Intel’s chip design business and semiconductor fabs

Despite the downturn, company has received first two installments of CHIPS Act funding

Fund will start operating independently under a new name in the latter part of 2025

Job postings reveal company is developing a “server solution for data center applications”