(Bloomberg) — Intel Corp. plunged more than 19% after delivering a barrage of startling news, including a grim growth forecast and plans to slash 15,000 jobs, in the…
Read more Intel’s Sales Slump Shows Price of Falling Behind in AI RaceBy Arsheeya Bajwa (Reuters) -Intel said on Thursday it would cut more than 15% of its workforce, some 17,500 people, and suspend its dividend starting in the fourth…
Read more Intel to cut 15% jobs, suspend dividend in turnaround push; shares plummet(Bloomberg) — Intel Corp. tumbled in late trading after delivering a disappointing forecast on Thursday, renewing doubts about a long-promised turnaround at the once-dominant chipmaker. Most Read from…
Read more Intel Plunges After Bleak Forecast Casts Doubt on Comeback BidIntel Suffers Largest-Ever Loss Amid PC Slump, Fierce Competition Source link
Read more Intel Suffers Largest-Ever Loss Amid PC Slump, Fierce CompetitionPat Gelsinger, CEO, of Intel Corporation, testifies during the Senate Commerce, Science, and Transportation hearing on semiconductors titled Developing Next Generation Technology for Innovation, in Russell Senate Office…
Read more Intel stock tumbles after brutal resultsIntel CEO Pat Gelsinger, with U.S. President Joe Biden (not pictured), announces the tech firm’s plan to build a $20 billion plant in Ohio, from the South Court…
Read more Intel’s horrible quarter revealed an inventory glut and underused factoriesA version of this story first appeared in CNN Business’ Before the Bell newsletter. Not a subscriber? You can sign up right here. You can listen to an audio…
Read more The Federal Reserve is testing how climate change could hurt big banks | CNN BusinessNew York CNN — Global politics will be dominated by the availability, trade and investment in microchips for the next several decades, Intel CEO Pat Gelsinger told CNN…
Read more Intel CEO: Chip supply chains will shape geopolitics more than oil over the next 50 years | CNN Business
