Tags: Intel
Chip Giants Broadcom and TSMC Consider Buying Parts of Intel in Potential Industry Shake-Up
Broadcom and TSMC explore potential acquisitions of Intel assets, sparking industry and national security concerns.
Intel Will Lay Off Over 15,000 Workers After Posting a $1.6bn Loss in Revenue
The majority of the layoffs will be completed by the end of 2024, Intel said. Chip maker Intel on Thursday announced it plans to lay off more than 15,000 workers after it lost more than $1 billion in revenue in the second quarter.
Intel Announces Massive Job Cuts, Cites Cost-Cutting Measures
Intel announced that it was making thousands of jobs redundant in order to reduce costs and to be able to afford an ambitious effort to rebound from an earnings slump and recent weak market share performances.
Intel Reportedly Postpones Development of $25 Billion Chip-Manufacturing Plant in Israel
Intel plans to slow its multibillion-dollar expenditures in worldwide facilities, delaying the completion of its $25 billion chip production unit in Israel.