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The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.
The Swedish telecom equipment maker Ericsson AB is in talks to invest hundreds of millions of dollars in Intel Corp.’s ...
According to recent WARN notices, Intel also increased its planned layoffs in Arizona, California, Oregon, and Texas. The ...
Intel's restructuring aims to restore profitability with cost cuts, divestitures, and a core business focus. Click here to ...
Intel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its ...
By contrast, Intel reported a 3% revenue decline in its client segment to $7.9 billion. As those numbers show, Intel is still ...
Intel’s top line is projected to decline again this year - suggesting revenue stagnation could become the norm.
Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...
On Thursday, Intel disclosed that it plans to reduce its headcount by 15% more this year in a bid to boost financial ...
Intel is looking for investors in order to spin-off its long-running Network and Edge Group (NEX), which generated $5.8 ...
Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...
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