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 ...

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

Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...

Intel's new CEO Lip-Bu Tan also reportedly told employees it's too late for the company to catch up with Nvidia in the AI GPU ...

Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.

CEO Pat Gelsinger repeated his prediction that it'll take "a couple of years" before chip production catches up with demand, and said Intel is looking to build more of its chips in the U.S.