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Intel Corp. is set to revamp its contract chip manufacturing business by pivoting away from its highly publicized 18A process and switching its attention to its next-generation 14A node in an ...
Intel describes the shift to Accenture as a way to streamline marketing work. “We need to change our ‘go to market’ model to be more responsive to what customers want,” the company ...
The anticipated reductions are scheduled to begin in weeks and will reportedly affect Intel Foundry, the company’s manufacturing division.
NEW ALBANY, Ohio (WCMH) — Intel layoffs have been anticipated for months, but new reports suggest many of them will be concentrated in the division responsible for Ohio’s plant. According to ...
Intel is reportedly preparing to initiate job cuts starting mid-July, marking the first major workforce move under newly appointed CEO Lip-Bu Tan.
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.
Intel Will Lay Off Oregon Factory Workers Starting in July Chipmaker Intel reveals plans to lay off personnel from mid-July. Jobs susceptible to automation are on the chopping block.
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.
Furthermore, strong fund inflows into technology funds like the Invesco QQQ Trust during the month of May also reflect the favorable outlook for the sector.
A substation built to support Intel's chip factories may be completed by August even though the semiconductor maker's plants are delayed.
INTC stock jumps 10% amid Lip-Bu Tan's CEO debut and optimism for a 2025 rebound, despite recent foundry setbacks.
Intel stock is gaining on broad tech sector enthusiasm, ignoring its own significant internal challenges. Positive analyst notes and massive ETF inflows are fueling the entire semiconductor ...