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Shares of Intel Corporation declined over 7% in Friday pre-market, after its Q2 earnings per share (EPS) that fell short of expectations.
Intel slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...
Intel is laying off over 5,000 U.S. employees, exceeding initial estimates, primarily impacting Oregon and California. This ...
Intel announces major workforce reduction with plans to cut 25,000 jobs by the end of 2025 amid restructuring efforts to ...
Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it struggles to compete with AI chip leader Nvidia and regain its edge in the rapidly ...
Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company's CEO, Lip-Bu Tan, admittin ...
Intel stock drops as company forecasts deeper losses and slashes over 25,000 jobs, while scaling back global chip factory ...
Intel CEO Lip-Bu Tan reveals the company's struggles in the semiconductor market, admitting it’s too late to compete with AI ...
The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...
Intel Corporation has announced the cancellation of planned manufacturing facilities in Europe as part of a broader ...
Taiwan Semiconductor is known as the ninth-largest company in the world, currently valued at around $1.25 trillion. Given its ...
There's Intel and AMD on the x86 side, with Apple and Qualcomm making Arm-based processors on the other. We break down the ...
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