Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...

This means that the much-vaunted megafab near Magdeburg in eastern Germany, first announced in 2022, will not be built. Intel ...

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...

Intel will slash 31% of its workforce and cancel projects in Europe and the U.S. as new CEO Lip-Bu Tan tries to revive the ...

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

Intel may be forced to leave the chip manufacturing business if it can’t find a major external partner for its 14A process.

Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its ...

Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its ...