News

Intel’s Harsh Reality Nullifies Tariff Boost — Heard on the Street
In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer ...
‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
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 ...
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
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 ...
Intel slides after CEO struggles to show turnaround on track
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
Intel Expects Work Force to Shrink by 25,000
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Intel May Be Prepping a Massive Apology to Gamers
If the rumors are to be believed, Intel may be gearing up for a major apology to gamers in the form of a suite of ...
Intel’s CEO needs a path to profits to win over stock skeptics
Back in April, Intel Corp.’s newly appointed Chief Executive Officer Lip-Bu Tan told investors on his inaugural earnings call ...