News

Intel spins off Network and Edge computing groups in latest major company change

Intel is planning to spin off its engine Networking and Edge Group as part of an ongoing company-wide effort to boost ...
TweakTown55m

Intel is spinning off its Network and Edge Group into a stand-alone business

Intel is looking for investors in order to spin-off its long-running Network and Edge Group (NEX), which generated $5.8 ...

Intel’s CEO just revealed why more layoffs are coming. His memo shows the grim impact of course correction

This news follows layoffs of 15% last year and a memo from Tan earlier this year that referenced “critical changes [that] ...

Intel Announces Mass Job Cuts, Sounds Alarm for Ohio

"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
TweakTown1d

Apple rumored to consider Intel 14A process for next-gen M-series chips, NVIDIA rumored too

Apple could move to a dual-sourcing semiconductor strategy with next-gen 1.4nm chips using both Intel and TSMC for future ...

Intel’s Harsh Reality Nullifies Tariff Boost — Heard on the Street

In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer ...

Intel slumps as potential foundry exit deepens investor gloom

Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, ...

‘Hard but Necessary Decisions’ — Intel to Cut Jobs, Cancel Expansions

Intel CEO Lip-Bu Tan announces 15% job cuts and cancels expansion plans as the company refocuses on core products, cost ...

Intel May Be Prepping a Massive Apology to Gamers

If the rumors are to be believed, Intel may be gearing up for a major apology to gamers in the form of a suite of ...