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Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
If the rumors are to be believed, Intel may be gearing up for a major apology to gamers in the form of a suite of ...
In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker is facing, that’s no ...
Intel is cutting tens of thousands of employees, cutting investment around the world, and moving away from entire businesses ...
Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...
The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...
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