News

Intel layoffs: new CEO confirms job cuts. INTC stock sinks after earnings
The chipmaker's new boss, Lip-Bu Tan, said in an email to employees that Intel should once again become an ...
Intel CEO’s Bid to Revive Firm Overshadowed by Bleak Outlook
Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...
Intel drops 10% as looming tariff impacts overshadow strong earnings results
Shares of the chipmaker fell even as earnings beat estimates, with the firm posting a weak second-quarter outlook amid tariff ...
Intel to cut jobs and spending after award of $7.9 billion in federal grants
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
Intel stock slides, employees fret as turnaround prospects dim
New CEO Lip-Bu Tan plans major changes in the way Intel operates but hasn't made any significant changes in strategy.
Intel is joining the hardcore tech bandwagon: 'The best leaders get the most done with the fewest people'
The CEO's Thursday memo reflects a broader cultural crackdown across tech.
Intel, TSMC leaders try to find area for 'collaborating.' What could it mean in Arizona?
Intel's new CEO confirms he met with executives who built and run Taiwan Semiconductor Manufacturing Co. Both companies are ...
Did Intel just announce layoffs without announcing layoffs?
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Intel shares fall as dour forecasts overshadow CEO's turnaround promises
Intel's shares fell more than 8% on Friday as the company's weak revenue and profit forecasts overshadowed new CEO Lip-Bu Tan ...