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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 turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge ...
Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find ...
Intel slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 7.4% in the afternoon session after investor optimism picked up regarding its aggressive corporate restructuring plans and a price target ...
Shares of computer processor maker Intel (NASDAQ:INTC) jumped 3.2% in the morning session after Stifel raised its price ...
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.
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel shares plummeted in premarket trading after reporting Q2 EPS of -$0.10, missing expectations by 171.81%.
Intel’s (INTC) decision to spin out its AI robotics division, RealSense, marks another strategic move in the chipmaker’s ...
On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense reductions at the expense of the company’s technical supremacy. In the Q2 earnings ...