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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. “These are difficult actions but ...
Intel’s chip factories also aren’t doing well financially: They posted an operating loss of $2.32 billion in the first quarter, after losing $13.4 billion last year.
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. “We have been taking action to ...
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 ...
Intel Automotive, while not one of the company’s dominate businesses, has tried to sell automakers on its software-defined vehicle technology, which included an AI-enhanced system-on-chip ...
WASHINGTON — The alleged effort to put the best face on intelligence estimates about the U.S.-led anti-Islamic State campaign has not shaken the government-wide assessment that the airstrikes ...
Intel and the CHIPS Act Last week, the company also announced that the $8.5 billion grant awarded by the Biden administration in March as part of the CHIPS Act was being reduced by more than $600 ...
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 ...
Officials say war against ISIS is at a stalemate. By KEN DILANIAN & DEB RIECHMANN Associated Press Sep 17, 2015 Sep 17, 2015 0 ...
The Associated Press Sep 17, 2015 Sep 17, 2015Updated Jul 12, 2017 0 ...