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Earlier this month, Intel CEO Lip-Bu Tan even told employees during a conversation broadcast that the company is no longer a ...
Intel (INTC) will report its second quarter earnings on Thursday as the company’s new CEO, Lip-Bu Tan, continues his attempt to turn around the ailing chip giant. Shares of Intel are off 29% over the ...
Intel faces a significant restructuring, announcing a 15% workforce reduction despite exceeding revenue expectations in the second quarter. Earnings per share fell short of forecasts, impacted by ...
Intel's restructuring efforts focus on AI and core engineering. Short-term challenges persist, but a potential turnaround may ...
Since taking over as CEO in March, Tan has focused on shedding non-core assets. In April, Intel agreed to sell a 51% stake in ...
Intel CEO Lip-Bu Tan has launched a sweeping campaign of fiscal restraint, marking a sharp break from the ambitious ...
Intel (INTC) reports earnings after Thursday's closing bell. Yahoo Finance Tech Editor Dan Howley outlines what he's ...
Intel faces declining margins, operating losses, and is losing market share to AMD and Nvidia, making a near-term recovery ...
Intel has missed on EPS expectations in two of the last four quarters while it has beaten on revenue expectations in three of ...
Intel will report its Q2 earnings Thursday, and Wall Street will want to hear more about the company's turnaround plans.
Intel will "further slow" the pace of construction at its future Ohio microchip factories, the company announced Thursday in ...
Intel said Thursday that it “plans to end the year with a core workforce of about 75,000 employees” due to layoffs and ...