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

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

Acree kept a Hold rating on Intel stock with no price target.

Intel is set to spin off its Network and Edge Group (NEX) into a stand-alone company, seeking strategic investors to bolster ...

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 plans to spin off its NEX unit into a new company; read the full memo sent to customers by Sachin Katti.

Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.

The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...

Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two ...

Intel hired three chip industry executives in engineering and networking roles on Wednesday, as part of CEO Lip-Bu Tan's plans to overhaul top management and turn around the embattled chipmaker.

Intel’s CEO Lip-Bu Tan told employees that he doesn’t consider Intel to be among the leading chip companies, a stark contrast ...

A report new Intel CEO Lip-Bu Tan is considering costly changes to the company's chip manufacturing business rattled shares this week. Monitor these key chart levels.