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Lip-Bu Tan is seen as a costcutter by nature, having left the Intel board last year over a dispute with the then CEO, Pat ...
The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove ...
Semiconductor giant Intel won’t spin out its venture arm, Intel Capital, after all. During Intel’s Q1 earnings call Thursday, ...
Stocks closed sharply higher for the third straight day on Thursday as investors reacted to a flurry of earnings reports from ...
Intel on Thursday announced plans to reduce its operating expenses by $500 million this year and another $1 billion next year ...
Lip-Bu Tan, the new CEO of Intel, sent out a blunt message to employees saying the company has to reorganize to be more efficient.
Intel expects revenue of $11.2 billion to $12.4 billion for the June quarter, compared with analysts' average estimate of $12 ...
Dan Gallagher is a columnist for The Wall Street Journal’s Heard on the Street, where he covers the technology and media ...
The chipmaker told employees to expect "several months" of downsizing but didn't specify how many jobs it will cut.
"I am taking swift actions to drive better execution and operational efficiency while empowering our engineers to create ...
Intel has given a weak forecast for the current period and said it is cutting workers to bring costs in line with the ...
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