The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove ...

Intel on Thursday announced plans to reduce its operating expenses by $500 million this year and another $1 billion next year ...

Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.

Today is Intel’s Q1 2025 earnings call, and the first we’re truly hearing from new Intel CEO Lip-Bu Tan, who took over the ...

Intel expects revenue of $11.2 billion to $12.4 billion for the June quarter, compared with analysts' average estimate of $12 ...

Intel's reduction of revenue forecasts comes in the same week as reports of imminent significant job cuts at the chipmaking ...

Intel Corp., the chipmaker attempting a comeback under new Chief Executive Officer Lip-Bu Tan, gave a weak forecast for the ...

The chipmaker told employees to expect "several months" of downsizing but didn't specify how many jobs it will cut.

"I am taking swift actions to drive better execution and operational efficiency while empowering our engineers to create ...

Intel issued a second-quarter forecast that fell short of analysts’ expectations, sending shares lower in extended trading Thursday.

Intel (INTC) shares were active in extended trading on Thursday after the semiconductor giant reported first-quarter results.