Intel is planning to spin off its Network and Edge Group (NEX) into a stand-alone company and is seeking strategic investors.

Intel's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are ...

Intel keeps streamlining its operations with the most recent as the business intends to spin off its Network and Edge ...

Intel has officially withdrawn from its planned PLN 20 billion investment in a semiconductor integration and testing facility in Miękinia, near Wrocław. The decision, announced during the company’s Q2 ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...

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 is planning to spin off its Network and Edge group, a sector responsible for telecom industry chips, while seeking external capital.

On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

On Thursday, Intel disclosed that it plans to reduce its headcount by 15% more this year in a bid to boost financial ...

Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...

Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...