Intel’s announcement that is it shutting down its small automotive unit, laying off most of the team, highlights its efforts to ‘slim down’ its operations. Operating out of Munich it designs chips for ...

The layoffs are part of a larger plan to restructure the company and bring it back on track after recent financial struggles.

DAC's AI focus; 300mm fab report; foundry revenue; new auto chip org.; Micron earnings; rare earth exports plummet; UK's tech ...

According to the notice, company's layoffs will start on July 15. Affected employees will either receive a 60-day advance ...

Intel (INTC) concluded the recent trading session at $22.5, signifying a +1.35% move from its prior day's close.

Ark., unpacks fallout from the firestorm over a disputed leaked intel report on U.S. strikes on Iran's nuclear sites on ...

NEW YORK (Reuters) -Walmart said on Thursday it is closing a fulfillment center that services online orders for its warehouse ...

Intel has begun laying off employees as part of a company-wide restructuring and cost-cutting plan aimed at reviving the ...

Intel is shutting down its business dedicated to making processors for cars. In a memo seen by The Oregonian, Intel tells ...