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

Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...

The decision to spin off the networking unit should come as little surprise. Intel’s new CEO Lip-Bu Tan, who took over the ...

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 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 is cancelling its leading edge fab in Madgeburg, Germany, as well as a chiplet packaging plant in Poland as part of its ...

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

Intel has announced plans to spin off its Network and Edge Group (NEX) into an independent company, as part of a broader restructuring initiative under CEO Lip-Bu Tan. In a memo sent to customers, ...

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

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