Intel’s stock fell more than 8% after the chipmaker announced plans to significantly reduce foundry costs, its latest effort ...

By bnl editorial staff Intel Corp will close its chip assembly and testing facility in Costa Rica as part of a global ...

Intel Corp. will have cut 25% of its global workforce by the end of the year as the California-based company’s top executive continues efforts to turn around operations and reduce expenses.

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel has already shifted its Edge business into its Client Computing Group (CCG), while its NEX unit was dismantled, with ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

Intel’s decision to slow the pace of construction is not expected to change its timeline to open, which is set for 2030 or ...

Intel slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...