Shares of INTC jumped over 8% on news that Tan has a turnaround plan for Intel, which could include staff layoffs and resurrected manufacturing. One problem with Gelsinger’s leadership, a ...
Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory investments. The struggling chipmaker has cut thousands of jobs and re-focused its goals after Lip-Bu Tan ...
Intel provided more detail about the scope of its planned job cuts and other business changes while sharing its second-quarter earnings results. Reports in April suggested that Intel could eliminate ...
Yesterday was an eventful day for shareholders and employees of Intel Corp. The American chipmaker reported its Q1 2025 results while its new CEO, Lip-Bu Tan, confirmed earlier reports that Intel ...
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