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Oregon was already reeling as Intel slashed at least 5,400 local jobs over the past 11 months. The notion Intel might also ...
The Intel share is up just 2% for the year. It has lagged far behind rivals, as AI darling Nvidia has jumped 30% while AMD ...
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Intel warns it could bail on developing new chip manufacturing tech if can't attract customers to its 14A manufacturing node.
Intel's 14A process will only be built if the company receives confirmed customer commitments, says CEO Lip-Bu Tan.
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, ...
Intel aims for net zero greenhouse gas emissions in its global operations by 2040, investing in renewables, energy efficiency and greener supply chains ...
Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...
Intel keeps streamlining its operations with the most recent as the business intends to spin off its Network and Edge ...
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...