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The layoffs follow the company’s announcement last year that it would cut 15% of its workforce — about 15,000 employees — in ...
Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Chandler employer, didn't announce specific layoff numbers.
Intel says that it is selling more of its older Raptor Lake PC processors than Lunar Lake chips, as the company wrestles with ...
The dour outlook from Intel could be another source of pessimism for investors who are counting on Tan to turn the chipmaker ...
Bu Tan, announced that it's laying off staff and tightening its return-to-office rule as the Bay Area giant tries to right ...
Asa Fitch is a reporter covering the semiconductor companies in The Wall Street Journal’s San Francisco bureau, including Intel, Nvidia and Qualcomm.
Intel Corp. late Thursday unveiled a turnaround plan that aims to return it to its engineering roots, the first major action under new Chief Executive Lip-Bu Tan, but its stock tumbled on its outlook, ...
Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. During Intel’s Q1 earnings call Thursday, ...
Stocks closed sharply higher for the third straight day on Thursday as investors reacted to a flurry of earnings reports from ...
Intel on Thursday announced plans to reduce its operating expenses by $500 million this year and another $1 billion next year ...
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