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Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling ...
Intel will report its Q2 earnings Thursday, and Wall Street will want to hear more about the company's turnaround plans.
Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it ...
Intel Corporation (NASDAQ:INTC) is one of the AI Stocks in the Spotlight Right Now. On July 22, Loop Capital initiated ...
Shares of Intel Corp. tumbled after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.As part of Intel’s ...
Time to 'reimagine' it as a gateway, a gateway to inner peace, er, sales With three months to go until Microsoft ends support ...
The chip maker reported a wider quarterly loss and will cut 15% of staff as it seeks to refocus on the highly competitive market for AI chips. Shares ...
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Intel Stock Tumbles On Surprise Loss, Foundry Woes
IntelINTC stock fell Friday after the beleaguered chipmaker beat low expectations for revenue in the second quarter but ...