Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

It’s been an eventful time for Intel after its earnings call and then news that the chip vendor is spinning off its Network ...

Intel will report its Q2 earnings Thursday, and Wall Street will want to hear more about the company's turnaround plans.

By Arsheeya Bajwa (Reuters) -Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know ...

Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...

Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...

At the time of its announcement, it was dubbed “the largest single private-sector investment in Ohio history” — but now its ...

Intel's restructuring efforts focus on AI and core engineering. Short-term challenges persist, but a potential turnaround may ...

Intel CEO Lip-Bu Tan, in comments delivered alongside his company’s second quarter earnings report, brought some clarity to ...

A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of ...

Continued lay-offs and further spending cuts are part of the turnaround plan of the US-based chipmaker to save the company's ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.