New hybrid processors

Intel - AI Enabled Photo Editing with Intel® Core Ultra™...

11th Gen Intel Core Performance

Intel shares jumped in extended trading on Thursday after the chipmaker reported better-than-expected revenue and issued quarterly guidance that topped expectations. | CNBC

Intel shares plunged the most in 50 years on Friday, reaching a price not seen since 2013, after the chipmaker reported a big earnings miss and announced a massive restructuring. Intel CEO Pat Gelsinger on why the company is laying off more than 15% of the workforce. | CNBC

Intel shares slid in extended trading on Thursday after the chipmaker said it would lay off over 15% of its employees as part of a $10 billion cost-reduction plan and reported lighter results than analysts had envisioned. Intel also said it would not pay its dividend in the fiscal fourth quarter of 2024. | CNBC