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

Shares of Intel Corporation fell sharply on Friday, down 5.8% in Frankfurt and 4.6% in US after-hours trading, after the ...

Intel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion at one point, according to Reuters. Meanwhile, AMD is riding the AI wave to ...

COLUMBUS, Ohio (WSYX) — Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory ...

In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.” ...

Intel, the horse to which Ohio has hooked its economic wagon and which is investing $28 billion into two new computer chip factories here, just announced it was letting go 15,000 workers, or about 15% ...

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 ...

The cuts come as Intel continues yo work on its $28 billion investment in Licking County where it is building two factories that will have 3,000 workers. Intel had 124,800 workers as of the end of ...

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

Intel plans yet another round of job cuts this summer, ... Ohio and Oregon. The company is in line for $11 billion dollars in federal loans, too, and billions more in tax credits. ...

The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...