News

Intel Corp (NASDAQ: INTC) tanked nearly 10% on Friday even though the chipmaker, under its new chief executive Lip-Bu Tan, ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
Intel has warned investors that it might be bowing out of the chipmaking business if it can't secure customers for its new ...
Intel has announced plans to spin off its Network and Edge Group (NEX) into an independent company, as part of a broader restructuring initiative under CEO Lip-Bu Tan. In a memo sent to customers, ...
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
Intel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its ...
A sovereign-wealth fund sounds like a corruptible, incompetent slush fund.
"If the U.S. wants to win the global race for technological supremacy, the country’s best tool is a sovereign-wealth fund," ...
Intel CEO Pat Gelsinger at the company's corporate headquarters in Silicon Valley. His hiring represents a bold gamble that the company can secure its future by looking to the past.
Intel's former CEO Pat Gelsinger is in line to receive millions of dollars in severance and other compensation following his decision this weekend to step down and retire from the struggling ...
Incoming Intel CEO Pat Gelsinger stands to collect well over $100 million at his new job. The chipmaker offered the eye-popping incentives to lure Gelsinger away from his current role running ...