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Intel faces ongoing losses and fierce competition despite turnaround efforts and long-term potential in foundry and chip tech ...
Key Takeaways Intel shares jumped Tuesday following news the embattled chipmaker plans to slash hundreds of jobs as part of ...
The company’s ongoing eligibility for roughly $260 million in annual tax breaks may also come under renewed scrutiny, ...
The job cuts are taking place in California, Oregon, Arizona and Texas, as leadership looks to reduce layers of teams within ...
Intel stock jumps as restructuring efforts and price target hike boost investor confidence- Intel stock surged 4.84% on July ...
The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...
Intel has confirmed a major restructuring plan that will result in nearly 4,000 employees losing their jobs by mid-July ...
Intel's recent struggles in the fiercely competitive semiconductor market have reached a critical point, with the company's ...
Intel CEO Lip-Bu Tan reveals the company's struggles in the semiconductor market, admitting it’s too late to compete with AI ...
A report new Intel CEO Lip-Bu Tan is considering costly changes to the company's chip manufacturing business rattled shares ...
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