Intel CEO Lip-Bu Tan is executing a sweeping overhaul of the company's manufacturing strategy, slashing jobs, delaying key projects like the Ohio chip plant, and prompting the retirement of three ...

SAN FRANCISCO (Reuters) -Three senior executives in Intel's manufacturing operations are set to retire, Intel told Reuters on ...

After all, Lip-Bu Tan is not just tweaking the playbook for Intel stock – he’s rewriting it! Since stepping into the role in ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

It’s been an eventful time for Intel after its earnings call and then news that the chip vendor is spinning off its Network ...

The company will halt planned factories in Poland and Germany, and consolidate chip packaging operations in Vietnam and ...

Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...

Just four months into his tenure, new Intel CEO Lip-Bu Tan has introduced a decisive shift in strategy. During the company's ...

By contrast, Intel reported a 3% revenue decline in its client segment to $7.9 billion. As those numbers show, Intel is still ...

The company delayed the dates by which both Ohio fab plants will be operational to at least 2031, and announced in April it ...

Not only is Intel unable to grow right now, it's unable to do so at a time when demand for all things AI is soaring. Peers ...

Intel CEO Lip-Bu Tan has launched a sweeping campaign of fiscal restraint, marking a sharp break from the ambitious ...