News

Intel drops 10% as looming tariff impacts overshadow strong earnings results
Shares of the chipmaker fell even as earnings beat estimates, with the firm posting a weak second-quarter outlook amid tariff ...
Intel, TSMC leaders try to find area for 'collaborating.' What could it mean in Arizona?
Intel's new CEO confirms he met with executives who built and run Taiwan Semiconductor Manufacturing Co. Both companies are ...
Intel to cut jobs and spending after award of $7.9 billion in federal grants
The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...
Intel is joining the hardcore tech bandwagon: 'The best leaders get the most done with the fewest people'
The CEO's Thursday memo reflects a broader cultural crackdown across tech.
Intel offers weak forecast amid trade tensions as CEO talks to TSMC
Intel forecast second-quarter revenue and profit below Wall Street estimates on Thursday, casting a shadow over new CEO ...
Did Intel just announce layoffs without announcing layoffs?
Bloomberg reported 20 percent job cuts were coming this week, but Intel’s Q1 2025 earnings release isn’t saying that. Intel ...
Intel set to announce plans to cut over 20% of staff
The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had ...
Intel to lay off more than 20% of workforce, Bloomberg News reports
Intel is set to unveil plans this week to slash more than 20% of its workforce, in a move to streamline operations and reduce ...
Intel mandates four days in the office
Intel says that it'll require employees to work from the office four days a week, a shift from the company's old policy.
Intel confirms layoffs as it tries to 'make engineers more productive'
Beleaguered chipmaker Intel has confirmed plans to restructure in a shift that will involve an unspecified number of layoffs.