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Once the premier maker of semiconductors and a stalwart of Oregon's "Silicon Forest," Intel is struggling. A breakup is even possible.
On the London market, investors will be looking at the latest results from Lloyds (LLOY.L), as the first of the major UK-listed banks to report this earnings season. Investors will be keeping an eye ...
Intel CEO Lip-Bu Tan warned in April that the quest for efficiency would be accompanied by painful job losses. The ...
GE Aerospace raised its full-year earnings outlook and beat expectations on its top and bottom lines in the second quarter. PepsiCo said its business remained resilient during the second quarter, ...
Once the king of chipmaking, Intel’s decline has been one for the ages, with its stock down two-thirds from its 2020 high.
Intel CEO Lip-Bu Tan says it's "too late" to catch up with its rivals in the AI sector, laying off thousands of US workers to ...
The airline reset its profit guidance for the year, citing improved travel appetite after economic turmoil and flight disruptions depressed bookings this spring. Coca-Cola says more details are to ...
Intel's new CEO Lip-Bu Tan initiates the company's largest-ever layoff, cutting over 5,000 jobs in a radical overhaul to reverse deep financial losses.
Follow Intel news as the company continues to focus on foundry leadership and regaining market momentum in the processor ...
Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chipmaker.
While Intel's new CEO Lip-Bu Tan is still pondering how to find a path forward for its foundry business, US-based ...
Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful ...
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