The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Intel's new CEO, Lip-Bu Tan, is reportedly exploring a significant overhaul of the company's contract manufacturing, or "foundry," business, potentially abandoning efforts to market its 18A ...

Intel, one of Arizona's largest employers, has faced challenges including manufacturing delays and increased competition. Intel Corp. will lay off 172 workers at its campus in Chandler, according ...

The new CEO is struggling to reverse Intel’s fortunes, after it posted an $18.8 billion loss in 2024, by slashing jobs and flattening its corporate structure.

Intel’s incoming CEO, Lip-Bu Tan, is gearing up for a sweeping transformation of the company, with plans to refine its artificial intelligence (AI) approach and restructure chip manufacturing ...

Intel’s CEO foundry pivot is more than a roadmap tweak; it’s a complete strategic reset. Tan’s decision to leave 18A for ...

The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, two ...

Intel’s newest factory, Fab 42, became fully operational in 2020 on the company’s Ocotillo campus in Chandler. Fab 42 produces microprocessors using the company’s 10nm manufacturing processes.

Intel is reportedly implementing layoffs affecting 15% to 20% of its manufacturing workforce, as confirmed in an internal memo. This strategic overhaul aims to address financial challenges and ...