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Acree kept a Hold rating on Intel stock with no price target.
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...
the new strategy for what Intel calls its "foundry" business would entail no longer marketing certain chipmaking technology, which the company had long developed, to external customers, the people ...
Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company's CEO, Lip-Bu Tan, admittin ...
Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Intel CEO Lip-Bu Tan, in comments delivered alongside his company’s second quarter earnings report, brought some clarity to Intel’s near-term manufacturing plans, but the big picture rema | Much of ...
But in his two public speeches as CEO at Intel events, he's laid out elements of his strategy. "We need to do a better job — make it easier for all of you to use our technology," Tan said at a ...
Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
After months of searching for a new CEO following the abrupt retirement of former CEO Pat Gelsinger, Intel (NASDAQ: INTC) has landed on Lip-Bu Tan. Tan led Cadence Design Systems, a provider of ...
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