SAN FRANCISCO (Reuters) - The sudden resignation of a high-profile Intel board member came after differences with CEO Pat ...
Intel is slashing 15% of its staff as part of a $10 billion plan to reduce costs, the tech company announced in its second-quarter earnings Thursday. “Simply put, we must align our cost ...
Intel experienced a significant sell-off after a disappointing financial performance as the firm attempts to separate the fab & fabless businesses. Management pulled forward production of Lunar ...
If there were a trifecta for terrible earnings reports, Intel(NASDAQ: INTC) would have just won it. The blue chip tech stock missed estimates in its second-quarter earnings report, offered ...
Intel announced it would lay off more than 15% of its staff, or 15,000 employees, in a memo to employees on Thursday. The massive headcount is part of a large plan to reduce spending by $10 ...
By Don Clark Reporting from San Francisco Intel, the Silicon Valley chip maker, said on Thursday that it would slash more than 15,000 jobs to aid a turnaround plan, as the company tries to recover ...
Intel Corporation's sinking shipwreck is evident in disastrous Q2 earnings, missing analyst expectations and issuing weak Q3 guidance. Intel is set to wipe out over $30B market cap, suspending its ...
Intel will be cutting 15,000 jobs, or 15% of its workforce, by the end of the year. The chip company has announced it aims to save $10 billion in 2025 as it reports no profits whatsoever from the ...
Chip giant Intel's (INTC) stock price cratered than 26% in Friday trading, closing out one of its worst trading days in 40 years. The massive declines followed a disastrous second quarter earnings ...
Intel INTC-3.17%decrease; red down pointing triangle plans to lay off thousands of employees this year and pause dividend payments as part of a broad cost-saving drive more than three years into ...
It looks like we’ll be seeing Intel’s upcoming Battlemage GPUs before the end of the year. Intel reportedly held a conference with Asus today that covered everything from updates to Intel’s ...
Mike Turner, R-Ohio, said during an interview Sunday in which he blasted President Joe Biden for failing to deter the U.S. adversary from advancing its program. “There is a possibility ...