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The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
6don MSN
Intel outlines $18B 2025 CapEx and signals strategic foundry shift amid cost cuts and AI focus
Discover insights from Intel's Q2 2025 earnings call, covering revenue growth, foundry strategy, AI advancements, and cost-cutting measures.
Analysts think Intel’s commentary signaled openness to cutting its foundry business later on, but, for now, there’s ...
Intel is looking for investors in order to spin-off its long-running Network and Edge Group (NEX), which generated $5.8 ...
Intel's stocks dropped by 8% following a forecast of higher-than-anticipated quarterly losses and potential withdrawal from ...
Intel Corporation has announced the cancellation of planned manufacturing facilities in Europe as part of a broader ...
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Cryptopolitan on MSNIntel stock plunges after CEO's strategy shift
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
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TipRanks on MSNIntel’s Stock Plunge: What’s Behind the Drop?
Intel’s stock has experienced a significant decline of 11.01% over the past week, largely due to mixed financial results and ongoing concerns about its market position. The company’s recent earnings ...
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, and stock underperformance. Learn more on INTC stock here.
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
The company beat Wall Street's targets for revenue in its latest quarter -- $12.9 billion compared to the consensus estimate ...
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