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Intel stock falls after the chip maker reports a wider loss in the second quarter, while Centene rises even as it posts a surprise quarterly loss.
Semiconductor company Intel (INTC) has reported mixed second-quarter financial results and announced a new round of cost ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.
Intel faces earnings pressure from restructuring and slow progress but shows long-term turnaround potential with CapEx cuts.
Intel has confirmed that it's implementing a plan to reduce its headcount by approximately 15 percent by the end of this year ...
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
"I want to acknowledge the uncertainty and seeming incongruence of the times we're in. By every objective measure, Microsoft ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned projects.
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel earnings top Q2 forecasts, but deepening net loss sparks job cuts and project cancellations as CEO shifts focus.
This admission, made public in a regulatory filing, marks a notable shift for the chipmaker, which has traditionally set the ...