The US tech industry is undergoing a significant transformation due to the rise of AI, leading to substantial layoffs at ...

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 announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...

Intel Corp.'s shares fell 8.5% as investors expressed concerns over new CEO Lip-Bu Tan's cost-cutting focus and cautious approach to technological advancement.

Intel plans to cut even more workers by the end of the year. Its most recent quarterly revenue was better than anticipated.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...

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

Stocks climbed to more records on Wall Street. The S&P 500 rose 0.4% Friday, setting an all-time high for the fifth time this ...

It is beginning to look like Intel plans to milk the impending 18A manufacturing process for a long time. The 18A process is ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion ...

Despite beating second quarter revenue expectations, the tech company faces analyst discomfort over its layoffs and possible ...