The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel (NASDAQ:INTC) shares tumbled during early market trading on Friday as the semiconductor firm continues to find its ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

This admission, made public in a regulatory filing, marks a notable shift for the chipmaker, which has traditionally set the ...

Intel stock drops as company forecasts deeper losses and slashes over 25,000 jobs, while scaling back global chip factory ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

Intel has pulled the plug on its planned chip fabs in Germany and Poland, ended its assembly and test operations in Costa ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the ...

Intel is sharpening its global operations strategy with Malaysia emerging as part of its long-term manufacturing and growth ...

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...

Shares of Intel Corporation declined over 7% in Friday pre-market, after its Q2 earnings per share (EPS) that fell short of expectations.