Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses.

Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will conclude by the end of that month.

Furthermore, strong fund inflows into technology funds like the Invesco QQQ Trust during the month of May also reflect the favorable outlook for the sector.

Is Intel stock a good buy right now? While a plummeting stock price may tempt some investors to buy the dip, I think Intel's sell-off is warranted.

Intel disclosed that commitments to its Intel 18A process remain minimal. Most foundry revenue will remain internal as the company struggles to turn test chips into large-scale contracts. The ...

With lessons learned and management's heart in check, Intel is poised for an AI-era resurgence. Read why I rate INTC stock a Strong Buy.

Intel's Optane promised a memory revolution, but it died in five short years.

Intel has considered divesting its network and edge businesses as the chipmaker looks to shave off parts of the company its new chief executive does not see as crucial, three sources familiar with ...

COLUMBUS, Ohio (WCMH) — CEO of Intel Products Michelle Johnston Holthaus said Tuesday she is considering manufacturers outside of Intel Foundry, the not-yet-profitable division responsible fo… ...

Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from Bloomberg.

Intel Corporation INTC stock plunged 70% post chip foundry venture, yet Lip-Bu Tan’s appointment as new CEO and recent 10% stock rise hint at a potential turnaround. Is it a good buy now? Let ...