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

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% ...

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 Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...

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 ...

CEO Lip-Bu Tan says strategy shift will focus on customer needs, efficiency, and cutting costs Ailing chip giant Intel is ...

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 ...

President Donald Trump has unveiled an “AI Action Plan” shaped by Silicon Valley tech leaders who supported his campaign.