Since 2021, Intel has pledged over $100 billion towards global manufacturing expansion, anchored by significant new fabs in ...

Intel's promised $28 billion semiconductor project in central Ohio has been delayed again, this time by several years. The chipmaker told The Dispatch late Thursday that its first factory in the ...

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 ...

HILLSBORO, Oregon — This story comes from the Portland Business Journal, a KGW News partner. The full story, and other PBJ Intel coverage, can be found here. Intel Corp. plans to lay off between 15% ...

Intel has delayed the opening of its Ohio factories again and now says the first one won’t open before 2030 — at least five years later than initially anticipated. The chipmaker announced the ...

To continue reading this content, please enable JavaScript in your browser settings and refresh this page. Preview this article 1 min Naga Chandrasekaran, Intel's ...

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, ...

Shortly after taking the top job at Intel, new CEO Lip-Bu Tan indicated that reducing the size of Intel’s workforce was part of his turnaround plan. That reduction will soon result in sizable layoffs ...

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 ...