A prominent investment analyst warned Intel may be cutting too deep, eliminating "pivotal" resources in the name of short-term profits.

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned projects.

Intel may be forced to leave the chip manufacturing business if it can’t find a major external partner for its 14A process.

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 worldwide. The cuts are part of the struggling chipmaker’s efforts to turn things around and compete in the booming AI market.

The Silicon Valley chip company, which has been struggling, quantified the job cuts it is making as it seeks to turn its business around.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

Intelligence-driven cybersecurity company Intel 471 Inc. today announced the launch of Guided Threat Hunts, a new method driven tool that gives threat hunters capabilities to craft their own queries and filters to better identify sophisticated threat behaviors that evade traditional detection methods.