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

New Intel CEO Lip-Bu Tan is shaking up the company’s organizational structure and cutting costs but isn’t remaking its strategy, one of his top lieutenants told investment bankers Tuesday.

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 ...

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

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

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

Intel CEO Lip-Bu Tan reveals the company's struggles in the semiconductor market, admitting it’s too late to compete with AI ...

Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...

Oregon was already reeling as Intel slashed at least 5,400 local jobs over the past 11 months. The notion Intel might also ...

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 ...