Shares of Intel Corp. slid nearly 10% on Friday after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused on cost cutting than restoring the chipmaker’s technological edge.

Intel shares sank 9pc today after the company’s chief executive said it will lay off about 15pc of its employees this year, some 24,000 people. Lip-Bu Tan also said it would take a “fundamentally ...

Intel slashed 24,000 jobs worldwide. The chip giant also cancelled multiple major projects in July 2025. This sweeping ...

Intel CEO Lip-Bu Tan, in comments delivered alongside his company’s second quarter earnings report, brought some clarity to Intel’s near-term manufacturing plans, but the big picture rema | Much of ...

Intel CEO Lip-Bu Tan told employees in a staff-wide memo yesterday that the company plans to cut its workforce by roughly 15%—more than 25,000 jobs—aiming to end the year with about 75,000 employees ...

At the heart of Intel's strategy is a flagship model expected to feature an unprecedented 52 cores. This high-end chip ...

In a memo to employees Thursday, CEO Lip-Bu Tan said Intel plans to end the year with 75,000 “core” workers excluding ...

Intel Corp. tumbled in premarket trading after Chief Executive Officer Lip-Bu Tan sparked concerns that he was more focused ...

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

Intel faces earnings pressure from restructuring and slow progress but shows long-term turnaround potential with CapEx cuts.

Intel reported quarterly sales that exceeded analysts' expectations, but posted a loss as the chipmaker works to turnaround ...

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the struggling chipmaker's ...