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Intel shares slide on quarterly loss, foundry business exit risk
(Reuters) -Intel shares fell 8% in early trading on Friday after the chipmaker forecast steeper-than-expected quarterly ...
Intel stock falls after company details job, spending cuts
Intel‘s stock sank 9.3% Friday after it reported mixed financial results Thursday and revealed it would cut its workforce by 22% this year. That added to a decline from the day prior, before Intel ...
Intel outlines $18B 2025 CapEx and signals strategic foundry shift amid cost cuts and AI focus
Discover insights from Intel's Q2 2025 earnings call, covering revenue growth, foundry strategy, AI advancements, and cost-cutting measures.
Intel slumps as potential foundry exit deepens investor gloom
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
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Intel To Cut 5,500 Jobs As New CEO Targets 20% Workforce Reduction Amid AI Race Setback
Intel is preparing to lay off around 5,500 employees across the United States as part of a sweeping cost-cutting exercise under new CEO Lip-Bu Tan. This new round of job cuts, which spans engineers, ...