Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...

GE Aerospace raised its full-year earnings outlook and beat expectations on its top and bottom lines in the second quarter. PepsiCo said its business remained resilient during the second quarter, ...

Dow Jones Top Company Headlines at 11 AM ET: Meta Directors, Shareholders Settle Privacy Suit Before Board Members Testify at Trial | FDA ... Meta Directors, Shareholders Settle Privacy Suit Before ...

Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.

Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...

Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.

Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.

While Intel's new CEO Lip-Bu Tan is still pondering how to find a path forward for its foundry business, US-based ...

Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...

Workers in Oregon’s semiconductor industry give the state a financial boost. Without them, officials say, the effects will ...

Intel scaled back its AI accelerator ambitions earlier this year. The company now appears to be refocusing on AI inference, ...

Intel stock was dropping as layoff notices suggest hundreds of engineers and technicians are among those set to lose their ...