Intel shares jumped Wednesday after the chipmaker said it would repurchase equity in its Fab 34 manufacturing facility in Ireland for $14.2 billion. The semiconductor company sold the 49% stake to ...
Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses. “These are difficult actions but essential ...
Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products. Intel (Nasdaq:INTC) plans to lay off up to 20% of its manufacturing sector employees ...
PCMag editors select and review products independently. If you buy through affiliate links, we may earn commissions, which help support our testing. Intel was originally supposed to start chip ...
Shortly after taking the top job at Intel, new CEO Lip-Bu Tan indicated that reducing the size of Intel’s workforce was part of his turnaround plan. That reduction will soon result in sizable layoffs ...
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Intel stock recently hit a record high of $133, surging 227% YTD as AI demand, reports of an Apple deal, and a foundry ...