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Intel Corp. is cutting more than 500 positions in Oregon as part of a layoff plan that’s ultimately expected to affect ...
Shares of Intel ( INTC 7.02%) are spiking on Tuesday, up 6.4% as of 1:13 p.m. ET. The move comes as the S&P 500 ( ^GSPC -0.06 ...
Currently, Arrow Lake desktop chips do have an NPU, but it's too weak to accelerate Copilot+ features (like AI-powered ...
This week's layoffs are the first step in broad cuts that will eliminate several thousand jobs across the company.
Intel’s layoffs appear similar in scale to last year’s cuts and will have a profound effect on Oregon’s economy.
The layoffs are to occur at four Oregon campuses in Hillsboro and Aloha starting on July 15. PORTLAND, Ore. — Intel Corp.
Intel will lay off 529 employees at its Oregon facilities starting July 15 as part of a sweeping global restructuring under new CEO Lip-Bu Tan, as part of broader cost-cutting plan.
Intel's once-touted 18A chipmaking process, which former CEO Pat Gelsinger emphasized as a critical factor for surpassing ...
Intel is shelving its 18A chip strategy—but it’s more than cost-cutting. It may be the first real signal of a future breakup.