News

Theoretically, the main cause of mass layoffs is attributed to the stronger adoption of AI. The latest to join the bandwagon ...
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 is planning to spin off its engine Networking and Edge Group as part of an ongoing company-wide effort to boost ...
Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...
Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better ...
Intel’s announcement it’s “slowing construction” came as a surprise to many. NBC4 is digging into what the company means by “slowing ...
Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...
Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
Intel has announced another major round of layoffs. The company now expects to end 2025 with approximately 75,000 core ...