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According to recent WARN notices, Intel also increased its planned layoffs in Arizona, California, Oregon, and Texas. The ...
Intel will report its Q2 earnings Thursday, and Wall Street will want to hear more about the company's turnaround plans.
By Arsheeya Bajwa (Reuters) -Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know ...
The Intel share is up just 2% for the year. It has lagged far behind rivals, as AI darling Nvidia has jumped 30% while AMD ...
Intel's restructuring efforts focus on AI and core engineering. Short-term challenges persist, but a potential turnaround may ...
Intel faces declining margins, operating losses, and is losing market share to AMD and Nvidia, making a near-term recovery ...
Investors will be questioning the chip maker’s strategy for the future more than worrying about its second-quarter earnings ...
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
Intel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its ...
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...
Intel canceled multiple manufacturing projects in Europe and delayed its Ohio chip plant for the second time this year.
Despite beating second quarter revenue expectations, the tech company faces analyst discomfort over its layoffs and possible ...