On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense reductions at the expense of the company’s technical supremacy. In the Q2 earnings ...

Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find out why INTC stock is a Hold.

Intel Corporation (NASDAQ:INTC) reported a fourth-quarter 2024 revenue of $14.3 billion, a 7% decline year-over-year, and a full-year revenue of $53.1 billion, down 2% from the previous year.

Intel's restructuring aims to restore profitability with cost cuts, divestitures, and a core business focus. Click here to ...

By contrast, Intel reported a 3% revenue decline in its client segment to $7.9 billion. As those numbers show, Intel is still ...

Intel chief executive Lip-Bu Tan has warned that he may pull investment from Intel's leading-edge 14A semiconductor process node unless "a meaningful external customer" can guarantee profits – a move ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15%—more than 25,000 jobs—aiming to end the year with about 75,000 employees ...

Intel's Panther Lake yields so low insiders are calling it a Hail Mary Intel is floundering again, this time with its hyped ...

Intel’s Spin-Off of Altera Intel spun off its field-programmable gate array (FPGA) solutions business as a standalone company, Altera, earlier in 2024. Altera was originally acquired for $16.7 ...

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO ...

Intel plans to dramatically reduce its workforce from 99,500 to 75,000 employees by year-end, cutting approximately ...

The layoffs are one of the first major decisions made by Intel Chief Executive Lip-Bu Tan (pictured), who took over the company’s top job in March, replacing former head honcho Pat Gelsinger in an ...