Intel is planning to spin off its Network and Edge Group (NEX) into a stand-alone company and is seeking strategic investors.

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its ...

The consequences of a decision to halt internal manufacturing would be significant for Intel, it would mean that over time, ...

As part of the job cuts, Intel attempted to take a “surgical” approach and remove layers of middle management, finance chief ...

Intel admits that it may halt or cancel development of its 14A (1.4nm-class) process node — its first to use High-NA EUV — if ...

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

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

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...

Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better than anticipated but came with more ...

Shares of Intel Corp. tumbled 8.5% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

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