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Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...
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The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
In a memo to employees Thursday, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 “core” workers excluding ...
Intel is cutting tens of thousands of employees, cutting investment around the world, and moving away from entire businesses ...
I’m also instituting a policy. Every major chip design needs to be personally reviewed and approved by me before tape out. He ...
Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.
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