Intel to lay off 24,000 employees, nearly a quarter of its workforce, by year-end 2025. The move addresses losses, ...

On Monday, Tesla and Samsung announced a $16.5 billion multiyear deal for the latter to provide all-important artificial intelligence chips for the former. For Samsung, it’s a chance to finally carve ...

Samsung Electronics Co. will produce AI semiconductors for Tesla Inc. in a new $16.5 billion pact that marks a win for its ...

Oregon was already reeling as Intel slashed at least 5,400 local jobs over the past 11 months. The notion Intel might also ...

The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...

Samsung will produce Tesla's next-gen AI chip — the so-called "foundation" of the carmaker's self-driving system — at a ...