The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Intel’s CEO foundry pivot is more than a roadmap tweak; it’s a complete strategic reset. Tan’s decision to leave 18A for ...

Intel Corp. is set to revamp its contract chip manufacturing business by pivoting away from its highly publicized 18A process ...

Facing the biggest crisis in Intel's history, CEO Lip-Bu Tan brings his extensive semiconductor supply chain and competitive landscape expertise to bear. Since taking office, he has swiftly ...

Intel is reducing its operating expense target for 2025 by $500 million to $17 billion and aiming for $16 billion in 2026, generating $1.5 billion in savings over two years across R&D and ...

Intel CEO Lip-Bu Tan started his first quarterly earnings presentation at the helm of the troubled chipmaker by announcing a major workplace overhaul that aims to boost innovation.

Intel is set to slash about 20 per cent of its global workforce this week, according to a report by Bloomberg, in what could be the company’s largest round of layoffs in recent years. The job cuts, ...

Intel told Reuters that it would cut 15% of its workforce to revamp a strategy of former CEO Pat Gelsinger, who had a goal to restore Intel's lead in manufacturing chips. What we don't know: ...

Under former CEO Pat Gelsinger, who stepped down unexpectedly in 2024, Intel pursued an aggressive “five-nodes-in-four-years” manufacturing plan, culminating in the Intel 18A process. While ...

Intel had said then it would slash 15% of its workforce as it pursues the turnaround strategy of previous CEO Pat Gelsinger, who aimed to restore Intel's lead in manufacturing chips.

READ: Incoming Intel CEO to revive the chipmaker with new AI strategies (March 19, 2025) The current layoffs come shortly after Tan planned an overhaul of the company’s manufacturing and AI ...