Intel Corporation will lay off between 15% and 20% of its Intel Foundry division workforce beginning July 2025.

Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on one Buy, 26 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a ...

Intel is outsourcing its marketing division to Accenture and replacing jobs with AI, a radical move by CEO Lip-Bu Tan to slash costs and reverse years of significant financial losses amid intense ...

Intel plans to eliminate between 15 and 20% of its Foundry workforce, impacting over 10,000 global positions, without offering severance packages.

Intel has announced plans to outsource large parts of its global marketing operations to Accenture, supported by artificial ...

Intel has largely given up on selling AI accelerators directly and is focusing on rack-scale solutions. The AI strategy is ...

In one of its largest workforce reductions to date, Intel will lay off between 15 and 20 per cent of its Foundry employees ...

Apple executives are considering acquiring AI startup Perplexity in a deal that could surpass its $3B Beats acquisition.

In an age of curated online personas and embellished resumes, Y Combinator CEO Garry Tan has called out what he sees as a ...

Intel definitely made headlines with its layoffs. In 2024, Intel was a leader in tech layoffs, cutting around 15,000 jobs. It ...

Intel’s foundry business is a hidden gem. As execution falters, breakup or strategic bid chatter grows. Is this the turning ...