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Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...
The decision to spin off the networking unit should come as little surprise. Intel’s new CEO Lip-Bu Tan, who took over the business from previous CEO Patrick Gelsinger in March, had reportedly been ...
Intel’s ($INTC) turnaround efforts suffered a major setback last week following its Q2 2025 earnings report. While revenue ...
Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.
Intel CEO Lip-Bu Tan, in comments delivered alongside his company’s second quarter earnings report, brought some clarity to ...
Intel confirms over 5,000 job cuts across four U.S. states as part of CEO Lip-Bu Tan’s broad restructuring strategy.
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two ...