Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight quarter.

(Reuters) -Faced with slumping quarterly sales and a burgeoning loss, Intel shareholders will want to know new CEO Lip Bu-Tan's plans for the chipmaker's nascent contract manufacturing business. Intel is set to report its sixth consecutive net loss on Thursday,

Intel Corp. (INTC) announced it might scale back its plans to expand its chip-making business, raising new concerns about the future of its manufacturing strategy. In a Securities and Exchange Commission filing,

SAN FRANCISCO (Reuters) -Intel's new chief executive is exploring a big change to its contract manufacturing business to win major customers, two people familiar with the matter told Reuters, in a potentially expensive shift from his predecessor's plans.

Publishing its second quarter results for 2025, Intel’s chief executive Lip-Bu Tan yesterday took the opportunity to publish a memo to all staff laying out the company’s plans for the future.  Whether the message was really intended for staff or for the press and investors,

Intel CEO Lip-Bu Tan, in comments delivered alongside his company’s second quarter earnings report, brought some clarity to Intel’s near-term manufacturing plans, but the big picture rema | Much of Intel's future plans around its foundry and AI strategies will depend on customer commitments and enabling "best customer outcomes.

Intel CEO Pat Gelsinger – Intel The news outlet said the proposal does not include plans to sell off Intel’s contract manufacturing or foundry businesses to a larger semiconductor manufacturer.

Intel Corp. is poised to announce plans this week to cut more than 20% of its staff, aiming to eliminate bureaucracy at the struggling chipmaker, according to a person with knowledge of the matter.

The new strategy for Intel's foundry business would mean offering outside customers a newer generation of technology, two people familiar with the matter told Reuters.

The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had 108,900 employees at the end of 2024, down from 124,800 the previous year.