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Once the world’s largest chipmaker, Intel is trying to recover from an extended decline in sales and a $19 billion loss last ...
Intel shareholders have reportedly approved a measure to replenish the company’s share reserves to attract and retain top ...
Intel plans workforce cuts and a tighter return-to-work policy, but the company, a major Arizona employer, didn't announce ...
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
Intel reportedly plans to lay off over 21,000 employees ahead of its Q1 2025 earnings call, according to a report from ...
Chipmaker Intel is planning more jobs cuts – this time more than 20 per cent of its staff globally – as it attempts to reduce bureaucracy. The company is apparently trying to get back to its roots, ...
Intel expects revenue of $11.2 billion to $12.4 billion for the June quarter, compared with analysts' average estimate of $12 ...
Intel shares rose Wednesday, following a report the struggling chipmaker is planning to cut more than 20% of its staff.
Intel stock dropped 11.5% in April 2025 despite a robust earnings report. CEO Lip-Bu Tan unveiled a new turnaround plan that didn’t impress most investors. Investors were looking for bold changes, but ...
Intel is undergoing its most sweeping transformation in decades under new CEO Lip-Bu Tan, who is steering the company away ...
Tan, who took the helm in March after the board ousted former CEO Pat Gelsinger in December, will get stock awards of $42 million depending on how Intel's shares perform. Three shareholder ...
Pat Gelsinger, the former CEO of Intel Corp. INTC, expressed admiration for Nvidia Corp. NVDA and its superior performance in the artificial intelligence chip market. What Happened ...
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