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Intel cuts back spending, workforce

The Washington Post · 4d

Intel cuts back spending, workforce as struggling chip maker mounts comeback

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

CNN International on MSN · 4d

Intel cuts 15% of its staff as it pushes to make a comeback

Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

Live Mint on MSN · 4d

Intel cuts 15% of workforce, scraps multibillion-dollar chip expansion plans

Intel has completed a 15% workforce reduction, a decision made by new CEO Lip-Bu Tan since his appointment in March. Tan emphasized the need for time to enhance competitive positioning and profitability while creating long-term shareholder value.

buckeyeswire.usatoday22d

Intel's new CEO considers big chipmaking shift, Reuters reports

That next-generation chipmaking process, analysts believe ... Persuading outside clients to use Intel's factories remains ...

Cryptopolitan on MSN3d

Intel could leave the chip manufacturing business unless it adds a next-gen tech partner

Intel may be forced to leave the chip manufacturing business if it can’t find a major external partner for its 14A process.

4don MSN

Intel's foundry future depends on securing a customer for next-gen chipmaking tech

Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land ...

New Electronics17h

Intel issues a new warning

Intel's 14A process will only be built if the company receives confirmed customer commitments, says CEO Lip-Bu Tan.

Apple rumored to consider Intel 14A process for next-gen M-series chips, NVIDIA rumored too

Apple could move to a dual-sourcing semiconductor strategy with next-gen 1.4nm chips using both Intel and TSMC for future ...

24d

Intel CEO Deliberates Major Manufacturing Overhaul – and Possibly Losing Billions of Dollars

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Intel Decelerates Ohio Project Construction, CEO Cites Alignment With Market Demand Amid Financial Adjustments

Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.

Intel Foundry's future depends on securing customers for its next-gen Intel 14A process node

Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...

3don MSN

Intel Casts Doubts on Next-Gen Chip Manufacturing. What It Means for TSMC and ASML Stock.

The future of its chip-manufacturing business looks uncertain. It could have major consequences for TSMC and ASML.

3don MSN

Intel announces mass job cuts, sounds alarm for Ohio

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...

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