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On Friday, Intel shares tumbled 8.5% as remarks from CEO Lip‑Bu Tan prompted concerns that he’s emphasizing expense ...
Q2 2025 Management View CEO Lip-Bu Tan stated that "we had a solid Q2 with revenue above the high end of our guidance," emphasizing strong demand and team execution. He noted headline profitability ...
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel Corporation has announced the cancellation of planned manufacturing facilities in Europe as part of a broader ...
Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find ...
Top tech firms including TCS, Microsoft, and Intel are cutting jobs globally as AI reshapes business models and skill demands ...
The board reshuffle underscores Intel’s commitment to streamlining operations and eliminating organizational complexity as central to CEO Tan’s turnaround strategy.
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
This admission, made public in a regulatory filing, marks a notable shift for the chipmaker, which has traditionally set the ...
Intel outpaces S&P 500 with AI focus, 18A production deals, and advanced nodes. Read more on whether INTC stock can offer any potential upside.