The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...

Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...

Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...

On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined, streamlined ...

Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find ...

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

Intel Corp. is laying off more than 24,000 employees and tightening its spending as part of a sweeping revival plan led by ...

Intel is sharpening its global operations strategy with Malaysia emerging as part of its long-term manufacturing and growth ...