News

Intel Corp (NASDAQ: INTC) tanked nearly 10% on Friday even though the chipmaker, under its new chief executive Lip-Bu Tan, ...
The company delayed the dates by which both Ohio fab plants will be operational to at least 2031, and announced in April it ...
Not only is Intel unable to grow right now, it's unable to do so at a time when demand for all things AI is soaring. Peers ...
Just four months into his tenure, new Intel CEO Lip-Bu Tan has introduced a decisive shift in strategy. During the company's ...
By contrast, Intel reported a 3% revenue decline in its client segment to $7.9 billion. As those numbers show, Intel is still ...
Intel CEO Lip-Bu Tan says the company is making hard but necessary decisions.NurPhoto/. Intel's second-quarter results ...
Samsung Foundry has secured an eight-year, US$16.5 billion contract to manufacture Tesla's next-generation AI6 chip. The move ...
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
Intel said this week it plans to slow down construction of its $28 billion mega-site in Ohio. It's not the first time.
Intel is looking for investors in order to spin-off its long-running Network and Edge Group (NEX), which generated $5.8 ...
Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.