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Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind rivals ...
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ExtremeTech on MSNIntel Plans Deep Job Cuts, Could Drop Chip ManufacturingIntel’s plans appeared to deflate investors. Intel shares took a hit, with Intel’s market value showing a loss of $8 billion at one point, according to Reuters. Meanwhile, AMD is riding the AI wave to ...
The S&P 500 was 0.5% higher in late trading and on track to close at an all-time high every day of this week. The Dow Jones Industrial Average was up 221 points, or 0.5%, with less than an hour ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...
Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15% ...
COLUMBUS, Ohio (WSYX) — Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory ...
In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.” ...
The company has faced criticism for failing to capitalise on the rise of mobile computing and artificial intelligence, areas ...
Chipmaker Intel Corp said on Thursday it expects its workforce to shrink by more than 25,000 employees this year as the ...
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