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Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies ...
Three senior executives in Intel's manufacturing operations are set to retire, Intel told Reuters on Thursday, as new CEO Lip ...
The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.
Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...
"If the U.S. wants to win the global race for technological supremacy, the country’s best tool is a sovereign-wealth fund," ...
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 ...
A sovereign-wealth fund sounds like a corruptible, incompetent slush fund.
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
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