Intel announced a 15% workforce reduction, around 17,500 jobs, and will suspend dividends starting Q4 to focus on manufacturing. It also projects Q3 revenue below estimates…
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Intel suffered a setback when it revealed growing operating losses for its foundry division on Tuesday. Taiwan Semiconductor Manufacturing has been gaining ground on Intel in…
According to sources familiar with the subject, Intel Corp (INTC.O) will abandon its $5.4 billion agreement to purchase Israeli contract chipmaker Tower Semiconductor Ltd (TSEM.TA) when…