Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land ...

Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.

Intel is cutting 24,000 jobs and cancelling major factory projects in Germany, Poland, and Costa Rica as part of a major ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15%—more than 25,000 jobs—aiming to end the year with about 75,000 employees ...

The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...

Intel faces earnings pressure from restructuring and slow progress but shows long-term turnaround potential with CapEx cuts.

U.S. equities traded higher in Friday’s midday trade, with the SPDR S&P 500 ETF (SPY), which mirrors the S&P 500 index, up ...

It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is ...

CEO Lip-Bu Tan says Intel plans to end the year with 75,000 "core" workers, excluding subsidiaries, via layoffs and attrition ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel has announced that it will lay off around 15% of its global workforce (~ 15,000 employees) and cancel several ...