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 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 ...

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 ...

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...

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 slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...

State and local officials are reacting to Intel's announcement that the company was slowing construction on its $28 billion ...