The news comes after company leaders said they were planning reductions amid an organization-wide overhaul prompted by a ...

In 2024, Intel’s stock declined by 60%, and the company fell from first to second place on Gartner’s list of top global ...

Intel's new CEO, Lip-Bu Tan, is reportedly exploring a significant overhaul of the company's contract manufacturing, or "foundry," business, potentially abandoning efforts to market its 18A ...

Intel, one of Arizona's largest employers, has faced challenges including manufacturing delays and increased competition. Intel Corp. will lay off 172 workers at its campus in Chandler, according ...

Intel’s CEO foundry pivot is more than a roadmap tweak; it’s a complete strategic reset. Tan’s decision to leave 18A for ...

Intel's new CEO Lip-Bu Tan also reportedly told employees it's too late for the company to catch up with Nvidia in the AI GPU ...

Since taking the company's helm in March, CEO Lip-Bu Tan has moved fast to cut costs and find a new path to revive the ailing ...

Intel’s newest factory, Fab 42, became fully operational in 2020 on the company’s Ocotillo campus in Chandler. Fab 42 produces microprocessors using the company’s 10nm manufacturing processes.

Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.

CEO Pat Gelsinger repeated his prediction that it'll take "a couple of years" before chip production catches up with demand, and said Intel is looking to build more of its chips in the U.S.