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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 ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...
Intel is cutting tens of thousands of employees, cutting investment around the world, and moving away from entire businesses ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
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