The US chip maker announces it will no longer pursue projects in Germany and Poland as it seeks to rein in billions in ...

Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its ...

Intel (NASDAQ: INTC) will end 2025 with a workforce over 20% smaller than last year as new CEO Lip Bu Tan pushes aggressive ...

Since Intel employed 109,800 people at the end of 2024, that means the company is pushing out around 33,000 people this year ...

Intel says it plans to slow down construction of its $28 billion semiconductor fabrication complex in New Albany.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's fortunes.

The Intel Foundry business saw revenues of $4.4 billion, up 3 percent YOY, and Intel says it is making steady progress on its ...

The disclosure came as Intel published its second-quarter financial results today. The chipmaker said it plans to end the ...

Intel reported $12.9 billion in revenue for its second quarter, which was $1.1 billion above initial projections, according ...

Intel said Thursday that it “plans to end the year with a core workforce of about 75,000 employees” due to layoffs and ...

Intel will cut 15% of its workforce and scrap plans to spend tens of billions of dollars on new chip facilities in Europe, as ...

During its second quarter earnings call on Thursday, Intel announced it intended to layoff about 15% of its workforce by the ...