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Intel has named a new chief executive, as the chipmaking giant attempts to recover from several bruising years that saw the one-time industry leader fall behind most of its rivals. The company ...
Intel's CEO, Lip-Bu Tan, announced layoffs and a stricter RTO mandate in a Thursday memo. The company also reported flat revenue and a significant loss. Its stock was down after hours. Other tech ...
Intel Corp. Chief Executive Officer Pat Gelsinger ... The clash came to a head last week when Gelsinger met with the board about the company’s progress on winning back market share and narrowing ...
Intel is slashing 15% of its staff as part of a $10 billion plan to reduce costs, the tech company announced in its second-quarter earnings Thursday. “Simply put, we must align our cost ...
A Missouri-based pension fund is accusing Intel, in a class action lawsuit, of hiding problems about its in-house chips manufacturing business ahead of the company's reported net loss and mass ...
“We are going down the path of creating a subsidiary for Intel Foundry as part of the overall company,” said Chief Financial Officer David Zinsner, who became one of Intel’s two interim ...
The cuts by Intel are part of a $10 billion restructuring that the semiconductor company announced after the stock market closed Thursday. It was accompanied by the release of Intel's weak ...