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In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer ...
This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...
Discover why Intel's leaner structure and focus on efficiency make it a compelling buy, despite market pessimism.
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel posts strong earnings; markets unfazed. Discover why experts rate it a buy & key metrics like cash flows and margins to ...
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Intel warned investors on Thursday that it may have to get out of the chip manufacturing business if it does not land ...
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Intel employed 109,800 people at the end of 2024, of which 99,500 were “core employees,” so the company is pushing out around ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...