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Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
At the time of its announcement, it was dubbed “the largest single private-sector investment in Ohio history” — but now its ...
By Arsheeya Bajwa (Reuters) -Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know ...
Intel will report its Q2 earnings Thursday, and Wall Street will want to hear more about the company's turnaround plans.
Intel's restructuring aims to restore profitability with cost cuts, divestitures, and a core business focus. Click here to ...
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
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's restructuring efforts focus on AI and core engineering. Short-term challenges persist, but a potential turnaround may ...
Intel CEO Lip-Bu Tan, in comments delivered alongside his company’s second quarter earnings report, brought some clarity to ...
Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...
Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
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