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Acree kept a Hold rating on Intel stock with no price target.
The chipmaker plans to reduce headcount from 96,400 to 75,000 employees amid restructuring and steeper Q3 losses.
Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...
Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.
Following a CEO change, Intel posted another lackluster quarter with flat revenue and a loss. The company is scaling back ...
Intel CEO Lip-Bu Tan, in comments delivered alongside his company’s second quarter earnings report, brought some clarity to ...
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Intel plans major job reductions to streamline operations
The firm’s workforce will shrink from 96,400 in June to 75,000 by year-end, aligning with CEO Tan's economically-driven ...
Intel plans to spin off its NEX unit into a new company; read the full memo sent to customers by Sachin Katti.
Tech giant Intel has announced plans to eliminate approximately 24,000 jobs—roughly 22–25 percent of its workforce—by the end ...
Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...
The decision to spin off the networking unit should come as little surprise. Intel’s new CEO Lip-Bu Tan, who took over the business from previous CEO Patrick Gelsinger in March, had reportedly been ...
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