Intel, the financially embattled chipmaker, has delayed the opening of its first Ohio factory to 2030 or 2031, multiple years after it was to open.
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Intel set to lay off around 10,000 workers — despite getting $2.2B in CHIPS Act funds under Biden
Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President ...
Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses. “These are difficult actions but essential ...
Intel Corp. shares are flying high after the firm secured a string of high-profile backers, but the cash infusions have done little to fix the company’s biggest problem - its money-losing chip-making ...
TL;DR: Intel plans to cut 15-20% of its chip manufacturing workforce as part of broader layoffs to improve operational efficiency and reduce costs. New CEO Lip-Bu Tan aims to streamline the company, ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Intel planned to lay off between ...
To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Analysts will be looking for new ...
Intel is reportedly planning to lay off 20% of its factory workers amid faltering demand for its core products. Intel (Nasdaq:INTC) plans to lay off up to 20% of its manufacturing sector employees ...
Intel Corp.’s stock slide is delivering a reality check to President Donald Trump’s vision for quickly reviving domestic chip manufacturing led by an American champion, four months after the US moved ...
Intel (INTC) reported its second quarter earnings after the bell on Thursday, beating on revenue but missing on earnings per share (EPS) due to impairment charges. The company said it is cutting its ...
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