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Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel Corporation has announced the cancellation of planned manufacturing facilities in Europe as part of a broader ...
Intel is set to spin off its networking and communications unit into a separate entity, seeking investors to bolster the move. This strategic decision, driven by CEO Lip-Bu Tan, aims to streamline ...
Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find ...
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
Intel’s decision to slow the pace of construction is not expected to change its timeline to open, which is set for 2030 or ...
Intel is planning to spin off its Network and Edge group, a sector responsible for telecom industry chips, while seeking external capital.
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
State and local officials are reacting to Intel's announcement that the company was slowing construction on its $28 billion ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel (INTC) stock is plunging after the company released earnings. Despite reporting a "decent beat," Bernstein managing ...
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