Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround. The layoffs, tucked in Intel’s second ...
Intel CEO Lip-Bu Tan is set to visit the White House on Monday after President Trump called for his removal last week, the Wall Street Journal reported on Sunday, citing people familiar with the ...
Wall Street rolled to more records on Thursday as Nvidia and Intel led a rally for technology stocks after announcing a deal that includes a $5 billion investment. The S&P 500 rose 0.5% and is on ...
PHOENIX (AZFamily) — Major chipmaker Intel is undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler facility. A WARN Act notice, which is a federally ...
Lip-Bu Tan, Intel’s top executive, said he was committed to the company after Mr. Trump called for him to step down over reported Chinese investments. By Isabella Kwai The chief executive of Intel, ...
President Donald Trump called for the resignation of Intel Corp. Chief Executive Lip-Bu Tan on Thursday, after a lawmaker questioned his ties to the Chinese government, military and companies in the ...
President Donald Trump on Friday said the U.S. government had reached a deal to take a 10 percent equity stake in the chipmaker Intel, worth approximately $10 billion. “I said, I think it would be ...
The Trump administration seems intent on controlling Intel’s ability to make key business decisions around its floundering foundry business unit. According to reporting from the Financial Times, at a ...
Intel has agreed to sell the US a 10 percent stake in the company, Donald Trump announced at a news conference Friday. The US stake is worth $10 billion, Trump said, confirming that the deal was inked ...
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Sen. Bernie Sanders (I-Vt.) voiced support Wednesday for the Trump administration’s plan to potentially take a stake in Intel, suggesting it aligned with an earlier effort to secure returns from CHIPS ...