News

Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...
Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know new CEO Lip Bu-Tan's plans ...
What Happened? Shares of computer processor maker Intel (NASDAQ:INTC) jumped 3.2% in the morning session after Stifel raised ...
Intel's strategic shift to foundry investments has damaged its core business, leading to declining revenue, profitability, and stock underperformance. Learn more on INTC stock here.
Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Intel reports earnings on Thursday and top-line revenue results might not be much of an indicator of the confused long-term state of the American icon. | At earnings, it isn’t clear if CEO Lip Bu Tan ...
Intel has eliminated at least 5,400 Oregon jobs since August – including 2,400 layoffs in just the past week. The company’s ...
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
Despite laying off thousands, big tech companies are spending vast amounts to attract top AI talent, driving salaries to ...
Axe in the corridors Troubled Chipzilla is showing no mercy as it swings the axe on more than 5,000 employees across four US ...
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
Intel says affected employees will receive severance packages and job placement assistance. However, the layoffs still represent over 10% of Intel’s Oregon workforce — a major blow to the local ...