Intel layoffs - Search News

Intel turns foundry business into subsidiary

Intel stock jumps on plan to turn foundry business into subsidiary and allow for outside funding

Intel said it's turning its foundry business into an independent unit with its own board and the potential to raise outside capital.

Investopedia on MSN · 3h

Intel’s Latest Plans Send Its Stock Soaring—What You Need To Know

Key Takeaways Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s turnaround plans. Gelsinger said Intel has made progress in lowering costs through layoffs,

MarketWatch on MSN · 2h

Why Intel’s latest move for its foundry business is so significant

Intel Corp.’s plans to create an independent subsidiary for its foundry business was a much-needed move aimed at convincing potential customers that they can trust their chip designs with a competitor’s manufacturing arm.

Intel almost designed chip for PlayStation 6

HotHardware · 11h

PlayStation 6 In Development As AMD Scores Chip Design Win Over Intel

It may seem like a foregone conclusion that AMD will power every major console release from Sony and Microsoft, but that isn't necessarily the case.

Digital Trends on MSN · 11h

Intel almost designed the chip for the PlayStation 6

It looks like AMD will be designing the PlayStation 6, as Intel reportedly lost a contract to design the console two years ago. The Latest Tech News, Delivered to Your Inbox

Polygon on MSN · 7h

PlayStation 6 chip chosen back in 2022, partly over backward compatibility

We already have our first information on Sony’s inevitable PlayStation 6: It will run on AMD chips, according to a report from Reuters, with chipmaker Intel having lost the bid to manufacture chips for the next-gen PlayStation.

17mon MSN

Intel shares jump on chip deal with Amazon

The announcement came after Intel said earlier in the day it would receive up to $3 billion in funding under the CHIPS and ...

Intel is in trouble. Here are 5 things tech companies can learn to avoid the same struggles

Intel once saw cash flow of $10 billion per year. Those days are long gone—and there doesn't appear to be much hope for a ...

4don MSN

A comprehensive list of 2024 tech layoffs

A complete list of all the known layoffs in tech, from Big Tech to startups, broken down by month throughout 2024.

DualShockers1d

Sony Awards AMD PS6 Contract & Drops Intel

These foundries lost Intel nearly $7 billion in 2023 due to bad decisions and outsourcing. These losses, although not the ...

3don MSN

For Intel's Stock, It's Been 'One Disaster After Another'

As Intel reportedly considers selling parts of its business to stem losses, analysts warn Intel’s issues could still get ...

12d

Intel layoffs to impact dozens of Bay Area workers

Intel Corporation will be laying off dozens of Bay Area employees, according to a state filing. The chip manufacturer ...

11d

Intel’s next big chip won’t be ‘Intel Inside,’ either

Intel said its upcoming Arrow Lake desktop chips will be the second straight PC processor to not be manufactured internally ...

13d

Intel Ireland Faces Mass Layoffs: Over 700 Jobs at Risk

Intel is facing layoffs in Ireland, impacting over 700 employees. The voluntary severance program may lead to compulsory job ...

5hon MSN

Intel’s stock rally could mean a feat not seen in more than four years

That hasn’t been the case much recently, as Intel’s stock has struggled this year. It’s down 60% so far in 2024, ranking as ...

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