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Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it struggles to compete with AI chip leader Nvidia and regain its edge in the rapidly ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
This policy shift undercut momentum built under the Inflation Reduction Act and forced several EV and battery projects into ...
Intel earnings top Q2 forecasts, but deepening net loss sparks job cuts and project cancellations as CEO shifts focus.
Intel says it may cancel its next-gen 14A chip without a major customer, a move that could weaken America's position in ...
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Q2 2025 Management View CEO Lip-Bu Tan stated that "we had a solid Q2 with revenue above the high end of our guidance," emphasizing strong demand and team execution. He noted headline profitability ...
Intel announces delays and cancellations of key manufacturing projects, including those in Germany and Poland, as part of CEO ...
Intel initially had high expectations for the Arc Battlemage family. The BMG-G31 was set to feature a staggering 24GB VRAM, a 256-bit memory bus, and 32 Xe2 cores, directly competing with NVIDIA ...
Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...
Aside from Intel employees, the project was projected to create 7,000 construction jobs as well as 10,000 indirect jobs. The impact on Ohio's workforce goes deeper than that.