Intel Capital was going to be spun out of its parent company in January. Now, Intel's new CEO is changing course.

The American chip-making giant’s stock fell after it said an overhaul is under way and that macro conditions would prove ...

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 cutback, which Bloomberg reported on Tuesday could affect up to 20% of employees, follows a separate cost-savings plan initiated by former Chief Executive Pat Gelsinger last year, under which ...

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 plans to slash its capital expenditures and streamline its business as the US chipmaker plots a turnaround under its ...

Intel Corp., the chipmaker attempting a comeback under new Chief Executive Officer Lip-Bu Tan, gave a weak forecast for the ...

The troubled American semiconductor giant said it will cut spending despite benefiting from a Biden-era program designed to ...