In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer enough. Strong PC shipments by manufacturers looking to get ahead of ...

Intel cuts back spending, workforce as struggling chip maker mounts comeback Intel helped launch Silicon Valley but has fallen behind rivals like Nvidia Corp.

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, a potentially drastic move by the new CEO to cut spending and revive ...

Intel is cutting 24,000 jobs and cancelling major factory projects in Germany, Poland, and Costa Rica as part of a major restructuring plan to cut costs and focus on core business.

Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined ...

Intel, the ailing semiconductor giant, said on Thursday that it expected its work force to shrink by more than 25,000 employees this year as the company continues searching for a turnaround.

Intel's Chip Contracting Plan in Spotlight on Earnings Day By Arsheeya Bajwa (Reuters) -Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know new CEO Lip ...

Intel’s turnaround plan includes major layoffs and outsourcing marketing to Accenture’s AI. Can the chipmaker regain its edge — or is it a risky bet?

Intel has confirmed plans to lay off nearly 4,000 employees nationwide, including in California, Arizona, and Texas.

Business Intel increases Oregon layoffs by nearly 4 times as much Intel Corp. revised the number of Oregon workers being laid off from 530 to 2,392, still set for July 15 at four Intel campuses.

The overall semiconductor sector has been on an upward trend in recent weeks, and Intel stock, which is still down around 32% over the previous year, may be attracting ...