Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

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

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...