Intel is set to separate its networking and communications unit into a stand-alone company as new CEO Lip-Bu Tan implements ...

Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel is preparing to lay off nearly a quarter of its workforce, around 24,000 employees, by the end of 2025. It is one of ...

Intel CEO Lip-Bu Tan sent a memo to employees Thursday informing them of significant ongoing layoffs and other cost-cutting ...

Intel is to cut down around 24,000 employees this year, which roughly accounts for a quarter of its workforce. The company ...

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

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's restructuring focuses on AI and data centers, tempering CapEx to boost cash flow. Read here to know why we are ...

Intel said on Thursday that it has mostly completed plans to cut 15% of its workforce, as the struggling chipmaker attempts a ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel's new CEO, Lip-Bu Tan, plans to separate the company's networking and communications unit, aiming to streamline operations and reduce expenses.