News

The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.
Intel Corporation has announced the cancellation of planned manufacturing facilities in Europe as part of a broader ...
Q2 2025 Management View CEO Lip-Bu Tan stated that "we had a solid Q2 with revenue above the high end of our guidance," emphasizing strong demand and team execution. He noted headline profitability ...
Analysts think Intel’s commentary signaled openness to cutting its foundry business later on, but, for now, there’s ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel is looking for investors in order to spin-off its long-running Network and Edge Group (NEX), which generated $5.8 ...
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, and stock underperformance. Learn more on INTC stock here.
Intel's stocks dropped by 8% following a forecast of higher-than-anticipated quarterly losses and potential withdrawal from ...
Intel told our partners at Columbus Business First that ‘slowing construction’ really does mean slowing and says they have ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
State and local officials are reacting to Intel's announcement that the company was slowing construction on its $28 billion ...
Tech giant Intel has announced plans to eliminate approximately 24,000 jobs—roughly 22–25 percent of its workforce—by the end ...