The Dow Jones Industrial Average ended lower on Friday, while the S&P 500 ended largely unchanged as investor risk appetite waned at the end of a turbulent week as Intel fell on a gloomy outlook. All three Wall Street benchmarks recovered in the past two sessions after Tuesday’s sharp sell-off triggered by US President Donald […]
Intel wants to double down on gaming hardware with a new chip and platform for portable gaming devices. The platform will include hardware and software, Intel vice president and general manager of PC products Daniel Rogers announced Monday at CES. It will be built on the company’s Intel Core Series 3 processors known as Panther […]
The Trump government continues to interfere with semicondarian giant Intel. The US government is reportedly in discussions to take an interest in Intel, according to Report from Bloomberg. This deal would be structured to help the company expand its production efforts of American production, including the much delayed Ohio Chip Factory. This news comes less […]
At the end of 2024, Intel had 108,900 employees. Now the chipping giant is planning to reduce more than 33,000 jobs to reduce the workforce to 75,000 employees by the end of the year. Intel CEO LIP-BU TAN, 65, said in one Memo for staff On Thursday, that Intel implements a plan to reduce its […]