News

Intel posted a loss of $821 million in the quarter ending March 31, 2025, on revenue of $12.7 billion. That widened from a loss of $437 million, also on $12.7 billion in revenue, during the same ...
Intel, the tech company headquartered in Santa Clara, Calif., is set to slash up to 20% of its factory workforce, according to a report. Bloomberg via Getty Images ...
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 is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker. The news was first reported by The Oregonian/Oregon ...
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 notified its marketing employees this week that it plans to outsource many of their jobs to the consulting firm Accenture as new CEO Lip-Bu Tan works to slash costs and improve the chipmaker ...
Intel is set to cut over 21,000 people, or roughly 20% of its workforce, with an announcement due this week, according to a Bloomberg report. The news comes ahead of Intel’s Q1 earnings call ...
Given the inconsistency of Intel's foundry business in the face of rising competition -- mainly from TSMC -- I see Intel as a speculative stock to own. For these reasons, I'd pass on buying the stock.
There have been a few high-profile customer wins for Intel's (INTC 2.67%) nascent foundry business and its flagship Intel 18A manufacturing process, including deals with Microsoft and Amazon to ...
• Intel has experienced a decline in its top line at an average rate of 11.2% over the last 3 years (in comparison to a growth of 5.5% for S&P 500) • Its revenues have dropped by 4.0% from $55 ...
Intel (NASDAQ: INTC) stock is soaring Tuesday. The semiconductor company's share price was up 6.4% as of 3:45 p.m. ET amid the backdrop of a 1.2% rise for the S&P 500 and a 1.5% rise for the ...