News

Intel Corp (NASDAQ: INTC) tanked nearly 10% on Friday even though the chipmaker, under its new chief executive Lip-Bu Tan, ...
Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are ...
Intel, under new CEO Lip-Bu Tan, is implementing significant cost-cutting measures, including slashing approximately 24,000 ...
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
The company will halt planned factories in Poland and Germany, and consolidate chip packaging operations in Vietnam and ...
Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...