Intel said it has yet to land “significant” customers for its Intel Foundry business, warning that it may abandon development ...

The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.

Three senior executives in Intel's manufacturing operations are set to retire, Intel told Reuters on Thursday, as new CEO Lip ...

The American chip-making giant is facing a strategic crossroads as it chases rivals like Nvidia and TSMC in the global ...

Intel hopes to have just 75,000 core employees by year-end, about a third fewer than it had at the end of 2024.

We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of manufacturing projects. In the midst of an ongoing turnaround effort, Intel ...

Intel was originally supposed to start production on the plants this year. The facilities are expected to bring 3,000 jobs to ...

Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround.

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

July 2025 has continued the trend of workforce reductions across the technology sector, with more expected in the month of ...

Unlike previous Intel layoffs, which offered severance or buyouts, the 2025 job cuts provide no such safety net.

The American semiconductor manufacturing company Intel is making certain big and difficult changes and has recently announced ...