News
Intel’s Steady Decline Continues With 15% Cut to Staff and Scrapped Factory Plans
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15%—more than 25,000 jobs—aiming to end the year with about 75,000 employees worldwide. The cuts are part of the struggling chipmaker’s efforts to turn things around and compete in the booming AI market.
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Intel’s Q2 2025 results highlight ongoing challenges with flat revenue and losses, while TSMC delivered strong growth driven ...
Intel’s top line is projected to decline again this year - suggesting revenue stagnation could become the norm.
Samsung and TSMC could benefit from the move, while makers of wafer fab equipment may lose out, according to Bernstein ...
Intel is looking for investors in order to spin-off its long-running Network and Edge Group (NEX), which generated $5.8 ...
Gross margin remains under pressure, falling by 790 basis points from 35.4% to 27.5%, while adjusted gross margins fell 900 ...
Intel Corporation (NASDAQ:INTC) ranks among the stocks to benefit from an onshoring boom. With a Neutral rating, BofA ...
Companies like Intel are at the forefront of this movement, working hard to ensure that the benefits of AI are available to all. One challenge with AI tools, like generative AI, is their high ...
Key Points Intel scaled back its AI accelerator ambitions earlier this year.The company now appears to be refocusing on AI ...
Pat Gelsinger’s keynote made it clear where Intel INTC -4.2% plans to innovate: AI. No surprise to anyone with a pulse, to be sure, but his enthusiasm was infectious.
Intel is cancelling its leading edge fab in Madgeburg, Germany, as well as a chiplet packaging plant in Poland as part of its ...
Compared to its last-generation chips, Intel claims that Meteor Lake delivers 1.7 times the performance in generative AI and is 2.5 times as power efficient in the UL Procyon AI inference ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results
Feedback