The market is finally done for the day and it was a narrow finish. The S&P capped the day up just 0.07%. The Nasdaq, +0.18%. Still, two fresh record closes for the index. (Thanks Alphabet!) The Dow ...

Despite beating second quarter revenue expectations, the tech company faces analyst discomfort over its layoffs and possible ...

Intel plans to dramatically reduce its workforce from 99,500 to 75,000 employees by year-end, cutting approximately ...

Earnings news and expectations continue to drive the stock market's action, even as some key geopolitical and economic ...

Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

Intel CEO Lip-Bu Tan is executing a sweeping overhaul of the company's manufacturing strategy, slashing jobs, delaying key ...

The layoffs, which were one of new CEO Lip-Bu Tan's first big moves since he took over in March, are meant to make things run ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

U.S. stocks retreated in the final session of an otherwise solid July as traders remained apprehensive ahead of President ...

Intel's restructuring efforts focus on AI and core engineering. Short-term challenges persist, but a potential turnaround may ...

Since taking over as CEO in March, Tan has focused on shedding non-core assets. In April, Intel agreed to sell a 51% stake in ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...