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Intel Stock Tumbles After CEO Says ‘No More Blank Checks’ for Chip Foundry
Acree kept a Hold rating on Intel stock with no price target.
Intel cuts back spending, workforce as struggling chip maker mounts comeback
In a memo to employees Thursday, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 “core” workers excluding ...
Intel's German megafab dream is over: CEO Lip-Bu Tan kills the project, beset with setbacks from EU funding to ancient neolithic remains, to save cash
Even in the US, where there's a push for more domestic manufacturing, especially in semiconductors, by consecutive ...
Intel Beats Q2 Earnings Estimates As CEO Promises A More Disciplined Foundry Play
Intel CEO Lip-Bu Tan remained upbeat as the chip maker disclosed a $2.9 billion loss for the second quarter of 2025, compared ...
Intel beats on revenue, slashes foundry investments as CEO says ‘no more blank checks'
Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip ...
Intel slashes a fifth of workforce as new CEO Tan Lip-bu ends ‘blank checks’ era
The company will halt planned factories in Poland and Germany, and consolidate chip packaging operations in Vietnam and ...
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Intel Faces Tumultuous Turnaround amid Foundry Fears
Intel's stocks dropped by 8% following a forecast of higher-than-anticipated quarterly losses and potential withdrawal from ...
Intel’s CEO needs a path to profits to win over stock skeptics
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...
As sales slump, new Intel CEO's contract manufacturing plan to face investor scrutiny
Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...