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Intel reported second-quarter results on Thursday that beat Wall Street expectations on revenue, as the company's new CEO Lip ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
(Reuters) -Intel shares fell 5% in premarket trading on Friday after the chipmaker forecast steeper-than-expected quarterly ...
Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the ...
Intel delivered better-than-expected revenue for its second quarter and issued a fairly positive outlook for its third ...
It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is ...
Intel's foundry pivot has led to massive losses, negative free cash flow, and operational setbacks, making a turnaround ...
There are no more blank checks,” says new Intel CEO Lip-Bu Tan, as the company slashes jobs, restructures operations, and ...