Intel confirms it will spin off its Network and Edge Group (NEX) as part of a massive restructuring under CEO Lip-Bu Tan to ...

On Thursday, Intel disclosed that it plans to reduce its headcount by 15% more this year in a bid to boost financial ...

Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.

(Reuters) -Intel said on Friday it planned to establish its networking and communications business as a stand-alone company and has begun the process of identifying investors, as new CEO Lip-Bu Tan ...

Steps in the Right Direction," described as "a message from Intel CEO Lip-Bu Tan to all company employees." In it, he ...

Intel’s stock jumped early in 2025 as optimism built around new leadership, but shares fell over 9% after Thursday’s Q2 ...

Intel is planning to separate its networking and communications unit into a stand-alone company and has begun the process of ...

From leadership changes at legacy semiconductor companies to wishy washy policy around chip exports, a lot has happened already.

Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...

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