Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Major U.S. equities indexes edged higher to wrap up a week that featured a pile of major earnings reports. The S&P 500 ...

Intel has announced that it will lay off around 15% of its global workforce (~ 15,000 employees) and cancel several ...

Intel’s project in Ohio is being pushed back again. In a news release sent out by CEO Lip-Bu Tan, he said Intel will be ...

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

Tech companies are slashing jobs and pouring billions into AI, but early results suggest the payoff may fall short of the ...