Intel has announced plans to spin off its Network and Edge Group (NEX) into an independent company, as part of a broader restructuring initiative under CEO Lip-Bu Tan. In a memo sent to customers, ...

Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...

Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel has announced plans to spin off its Network and Edge Group (NEX) as an independent company, continuing a wave of ...

Intel’s Q1 2025 earnings, due today, are expected to show a year-over-year decline in earnings and revenue, according to Yahoo Finance. Analysts predict a challenging quarter, with sales ...

There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...

Intel (NASDAQ:INTC) to spin off its networking unit, seek strategic investors, and cut jobs amid restructuring.

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Tech giant Intel has announced plans to eliminate approximately 24,000 jobs—roughly 22–25 percent of its workforce—by the end ...

Intel Corp. will lay off 172 workers at its campus in Chandler, according to a regulatory filing. The news comes after company leaders said they were planning reductions amid an organization-wide ...