Intel will shut down its small automotive business and lay off the majority of the workers in that segment, the latest step in the chipmaker’s dramatic downsizing.

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.

A chip-manufacturing spinoff could help solve some of the company’s thorniest issues.

The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.

Intel has decided to close down its automotive business, a decision that will lead to layoffs.

A Texas federal jury determined on Thursday that Intel may have a license to patents owned by VLSI Technology, boosting Intel's efforts to overturn patent infringement verdicts that awarded VLSI ...

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 ...

Intel Monday announced CEO Pat Gelsinger has resigned after a difficult three-year stint at the company. The once-dominant chipmaker’s stock cratered as it missed the AI boom and was surpassed ...

During its Platforms State of the Union event, Apple said that Intel Macs won't get macOS 27, coming next year, though there could still be updates that add security fixes.

Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce bureaucratic inefficiencies, Bloomberg News reported on Tuesday ...

Chip giant Intel's (INTC) stock price cratered than 26% in Friday trading, closing out one of its worst trading days in 40 years. The massive declines followed a disastrous second quarter earnings ...