Intel is shuttering its automotive architecture business and laying off most of its staff as part of a broader restructuring at the chipmaker.

The Intel share is up just 2% for the year. It has lagged far behind rivals, as AI darling Nvidia has jumped 30% while AMD ...

We] invested too much, too soon—without adequate demand,” said Lip-Bu Tan. The chip giant will slow or abandon a number of manufacturing projects. In the midst of an ongoing turnaround effort, Intel ...

Intel will cut around 21,000 jobs by the end of 2025 and suspend wafer fab construction projects in Europe, as part of a ...

The American chip giant on Thursday afternoon said in a letter from CEO Lip-Bu Tan, published online in concert with the ...

Oregon Tech Intel layoffs begin: Chipmaker is cutting many thousands of jobs Updated: Jul. 08, 2025, 11:12 a.m. | Published: Jul. 07, 2025, 11:58 a.m.

Intel layoffs in California have started, with the tech giant cutting over 100 jobs at its Santa Clara headquarters. This move is part of CEO Lip-Bu Tan’s broader cost-cutting plan to eliminate ...