Intel Corporation (INTC)
Intel to cut 15% of headcount, reports quarterly guidance miss
Intel reported worse-than-expected quarterly results and issued light quarterly guidance. The chipmaker plans to cut 15% of headcount, which was over 125,000 at the end of the second quarter.
Intel to Cut Jobs, Suspend Dividend in Cost-Saving Push
Intel plans to lay off thousands of employees this year and pause dividend payments in the fourth quarter as part of a sweeping cost-saving drive more than three years into Chief Executive Pat Gelsinger's turnaround effort.
Intel Stock Analysis: Hold Off on INTC Until the Green Flags Fly Again
If you had told Wall Street tech stalwarts back in 2020 that Intel (NYSE: INTC ) stock would plummet as rapidly as it has over the last 12 months, it's likely many of them would have laughed you off. Fast forward four years, and Intel is in the same position it was over two decades ago.
What You Need To Know Ahead of Intel's Earnings Report
UPDATE—Aug. 1, 2024: This article has been updated to reflect more recent share price information.
Intel Stock's Downward Spiral: Can Q2 Earnings Spark A Reversal?
Intel Corp INTC will be reporting its second-quarter earnings Thursday. Wall Street expects 10 cents in EPS and $12.94 billion in revenues as the company reports after market hours.
Intel Wants to Sell More AI Chips. It Reports Earnings Thursday.
Intel stock is down 15% over the past 12 months, versus the 29% rise for the iShares Semiconductor exchange-traded fund.
Can Healthy Processor Revenues Aid Intel's (INTC) Q2 Earnings?
Intel (INTC) is expected to have recorded higher revenues in the client computing group, backed by a strong focus on innovation. Improving prospects in the emerging AI PC marker is a tailwind.
Will Lower Data Center Revenues Hinder Intel (INTC) Q2 Earnings?
Intel (INTC) will likely report lower revenues from the Data Center AI segment, owing to stiff competition and macro headwinds. The launch of innovative solutions to advance AI-accelerated high-performance computing is a positive.
Intel Layoffs 2024: What to Know as INTC Plans to Slash Thousands of Jobs
Despite a boom in artificial intelligence (AI) related stocks, Intel (NASDAQ: INTC ) stock is down by 36% so far this year as competitors have managed to outperform the U.S. semiconductor company. In a plan to cut costs and become more lean, Intel will lay off thousands of workers according to Bloomberg.
Intel secures UK victory in high-stakes patent dispute with R2 Semiconductor
Semiconductor manufacturer Intel Corp (NASDAQ:INTC, ETR:INL) has secured a significant ruling from the UK High Court in a complex piece of global litigation between rival R2 Semiconductor. R2 accused Intel of infringing on a patent owned by R2 relating to fully integrated voltage regulators, or FIVRs, that help to prevent voltage spikes in computer chips.
Intel's Plan to Improve Stock Price–Fire People
24/7 Wall St. Insights Intel Corp. (NASDAQ: INTC) plans to fire thousands of people to improve margins.
Intel earnings: Can the company cut its way to an improved position?
Is Intel Corp. in “no man's land,” or can the beleaguered semiconductor company get back on track?
