The start of the year is going less badly for Intel than feared. The manufacturer generated sales of 12.7 billion US dollars.

Intel Corp. Chief Executive Officer Lip-Bu Tan gave investors a stark diagnosis of the chipmaker’s problems on Thursday, ...

The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...

The cutbacks follow an effort last year to slash about 15,000 jobs — a round of layoffs announced in August. Intel had ...

Looks like Intel’s new CEO, Lip-Bu Tan, is planning a bit of a adjustments. With the AI chip race heating up fast, it seems ...

Intel (INTC) is in a tough spot this week after the U.S. rolled out new export rules that hit some of its most advanced AI chips, sending the ...

That contributed to three straight years of sales declines and mounting red ink. Mr Tan, a veteran of Cadence Design Systems, has vowed to spin off Intel assets that are not central to its mission ...