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

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...

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

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.

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

"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 ...

Shares of Intel Corp. slid nearly 10% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

Silicon Valley chip maker Intel says it cut about 15 percent of its 'core workforce' in the recently ended quarter ...