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Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.
A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...
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 Intel share is up just 2% for the year. It has lagged far behind rivals, as AI darling Nvidia has jumped 30% while AMD ...
Intel will report its Q2 earnings Thursday, and Wall Street will want to hear more about the company's turnaround plans.
Intel CEO Lip-Bu Tan, in comments delivered alongside his company’s second quarter earnings report, brought some clarity to ...
Intel said Thursday that the future of its contract chip manufacturing business and its willingness to invest in advanced ...
Intel's restructuring efforts focus on AI and core engineering. Short-term challenges persist, but a potential turnaround may ...
Intel faces declining margins, operating losses, and is losing market share to AMD and Nvidia, making a near-term recovery ...
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...
By Arsheeya Bajwa (Reuters) -Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know ...