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The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Intel's weak EPS, declining margins, and uncertain 14A demand highlight its struggles amid cost cuts and capex trims.
Intel Corporation’s second-quarter 2025 earnings, unveiled on July 24, 2025, painted a complex picture of a semiconductor ...
Intel keeps streamlining its operations with the most recent as the business intends to spin off its Network and Edge ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...
Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...
Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...
Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.
Intel may be forced to leave the chip manufacturing business if it can’t find a major external partner for its 14A process.
Intel CEO Lip-Bu Tan stated that the layoffs followed a "systematic review" of the company's headcount and spending.
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
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