Intel's 22% share plunge drags down global chip stocks from TSMC to Samsung

Global semiconductor stocks fell on Friday after a lackluster set of results from U.S. chip firm Intel sent its shares cratering, and a global market sell-off weighed on tech names. Intel shares fe...

Chipmaker Intel to cut 15,000 jobs as tries to revive its business and compete with rivals

Chipmaker Intel says it is cutting 15% of its huge workforce—about 15,000 jobs—as it tries to turn its business around to compete with more successful rivals like Nvidia and AMD.

Why Are Shares of Intel Stock Crashing After Earnings?

Intel stock dropped 17% after the company reported Q2 earnings. Is it a buy right now?

Intel slumps on plan to axe over 15,000 jobs in rightsizing

Intel Corp (NASDAQ:INTC, ETR:INL) shares slumped after the chipmaker unveiled plans to cut over 15,000 jobs in a bid to rightsize and save up to US$10 billion (£7.9 billion). Some 15% of staff will...

Watch These Intel Price Levels as Stock Plunges on Weak Earnings, Soft Guidance

Intel (INTC) shares plunged in extended trading Thursday after the chipmaker reported quarterly results that missed Wall Street quarterly estimates, issued soft current-quarter guidance, and unveil...

Intel Corporation (INTC) Q2 2024 Earnings Call Transcript

Intel Corporation (NASDAQ:INTC ) Q2 2024 Earnings Conference Call August 1, 2024 5:00 PM ET Company Participants John Pitzer - Corporate Vice President of Investor Relations Patrick Gelsinger - Chi...

Intel (INTC) Q2 Earnings and Revenues Miss Estimates

Intel (INTC) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.10 per share. This compares to earnings of $0.13 per share a year ago.

EARNINGS ALERT: AMAZON MIXED, INTEL PLUMMETS

Amazon (AMZN) posts a revenue miss, Intel (INTC) announces a $10B cost savings plan that includes a 15% headcount reduction. Kevin Green and Alex Coffey deliver instant reaction to the latest earni...

Intel Will Cut More Than 15,000 Jobs

The Silicon Valley chip maker also reported a net loss and declining revenue in the latest quarter.

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.

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. ...

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.

3 No-Brainer Stocks to Buy With $500 Right Now

Stock market corrections are an open invitation for opportunistic long-term investors to pounce. Barriers that had previously kept retail investors from participating on Wall Street are now mostly ...

Intel plans to cut thousands of jobs to finance recovery, Bloomberg News reports

Intel plans to cut thousands of jobs to finance a recovery and cope with losing market share to rivals, Bloomberg News reported on Tuesday, citing people familiar with the matter.


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