On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...

Intel has announced plans to spin off its Network and Edge Group (NEX) into an independent company, as part of a broader restructuring initiative under CEO Lip-Bu Tan. In a memo sent to customers, ...

After all, Lip-Bu Tan is not just tweaking the playbook for Intel stock – he’s rewriting it! Since stepping into the role in ...

The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...

Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

Intel CEO Lip-Bu Tan explains in the company's earnings call that this is part of a new, more cautious approach: "I do not ...

Intel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its ...

Intel said Thursday that the future of its contract chip manufacturing business and its willingness to invest in advanced ...

Intel Corp.’s future would be a disaster without Pat Gelsinger. But even with the chief executive's clear vision, fantastic leadership, deep technical and business acumen and amazing positivity, the ...

Pat Gelsinger, senior vice president and general manager of the Digital Enterprise Group at Intel, has been with the Santa Clara, Calif.-based chip giant since 1979.