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Intel CEO Lip-Bu Tan remained upbeat as the chip maker disclosed a $2.9 billion loss for the second quarter of 2025, compared ...
Second quarter earnings season is in full swing, and the results have been largely positive so far, with more positive ...
Intel shares plunged Friday, a day after the chipmaker reported mixed results amid uncertainty about its ability to engineer ...
Intel plans to reduce its workforce to 75,000 by 2025, cutting jobs and halting new plant developments in Ohio, Germany, and Poland.
Intel faces earnings pressure from restructuring and slow progress but shows long-term turnaround potential with CapEx cuts.
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
In a memo to employees on Thursday, Tan said Intel will reduce its “core” workforce excluding subsidiaries to 75,000 by the ...
Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.
Intel has revealed plans to reduce its total workforce to 75,000 "core employees" and also expects to pull back from projects ...
Intel Corporation beat Q2'25 estimates despite margin struggles. Transparency on tariffs and 18A roadmap signals growth.
Intel on Thursday posted quarterly revenue that topped market expectations, saying it has cut about 15 percent of its ...
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