Reports of significant job losses at Intel’s global operation were confirmed after chief executive Lip-Bu Tan confirmed there were plans to reduce the size of the company’s 109,000-strong workforce on ...

But Intel has now delayed much of its expansion effort, including plans for an Ohio facility that was once expected to become the world’s largest chip production hub. Intel also had been poised ...

Gelsinger was pushed into an abrupt retirement in December after his plan to reorient Intel into chip manufacturing powerhouse faltered. Tan started his tenure with Intel promising to cut costs ...

Intel (INTC) shares surged Wednesday, following a report the struggling chipmaker could announce plans this week to reduce more than 20% of its staff. The layoffs are part of Intel’s bid to ...

In the latest earnings call, Intel elaborated on its latest aggressive cust-cutting measures. Tariff risks threaten gross ...

Intel Corp. plans to announce a significant round of layoffs ... Intel will reportedly make it easier for foundry customers to use its chip manufacturing processes. According to Reuters’ sources ...

Tan hasn't shared his exact plans for Intel, but he has publicly acknowledged that Intel "fell behind on innovation" and promised to build out its burgeoning "merchant foundry" business while also ...

(Bloomberg) — Intel Corp. (INTC) is poised to announce plans this week to cut more than ... and sought to turn Intel into a made-to-order chip manufacturer.