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Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...
Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better than anticipated but came with more ...
Intel is planning to spin off its Network and Edge Group (NEX) into a stand-alone company and is seeking strategic investors.
Intel's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are ...
Intel Corporation’s second-quarter 2025 earnings, unveiled on July 24, 2025, painted a complex picture of a semiconductor ...
Intel is to cut down around 24,000 employees this year, which roughly accounts for a quarter of its workforce. The company ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...
Intel is preparing to lay off nearly a quarter of its workforce, around 24,000 employees, by the end of 2025. It is one of ...
Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...
Intel will slash around 24,000 employees this year – roughly a quarter of its workforce – while scrapping major expansion ...