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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 GPUs rarely get as much discussion or praise compared to their Nvidia or AMD counterparts, but are these graphics cards worth the investment?
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.
Intel Corporation INTC stock plunged 70% post chip foundry venture, yet Lip-Bu Tan’s appointment as new CEO and recent 10% stock rise hint at a potential turnaround. Is it a good buy now? Let ...
MacOS Tahoe will be the final version of macOS to support some specific Intel-based Macs.
VLSI had previously won a similar case against Intel and was awarded a massive $2.2 billion in damages. With this new verdict, those combined $3 billion in patent infringement rulings could be ...
Another dual Intel GPU card with 48GB VRAM launched as Arc Pro emerges as cheap Nvidia and AMD alternative for AI crowd Intel could be releasing a video card with TWO GPU chips and 48GB of memory ...
CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds.