This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.

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The latest job cuts come after Intel already let go of 15,000 workers earlier this year. The company is now expanding the ...

Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to ...

Intel INTC reported first-quarter revenue of $12.7 billion, flattish year over year but toward the high end of guidance, while gross margin exceeded guidance. Second-quarter revenue is expected to ...

Intel has been a great trade, beating the S&P 500 by 14.9%. Its stock price has climbed to $23.42, representing a healthy 22% increase. This was partly due to its solid quarterly results, and the ...

Intel said it expects revenue for the third-quarter of $13.1 billion at the midpoint of its range, versus the average analyst ...