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Intel

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Intel Layoffs 2025: Factory Cuts, Ohio Plans on Hold

July 25, 2025

Chipmaker Intel is moving forward with another wave of massive layoffs in an attempt to restructure operations and refocus spending. According to an internal memo sent to employees on July 24, 2025, CEO Lip-Bu Tan…

AI and data centers All Earnings Report Infrastructure Intel Semiconductor Industry

Intel Posts Revenue Beat, Cuts Foundry Spending as CEO Declares 'No More Blank Checks'

July 25, 2025

Intel reported stronger-than-expected second-quarter earnings on Thursday, beating Wall Street revenue estimates while sharply reducing investments in its ambitious foundry business. The move marks a significant pivot for the chipmaker as CEO Pat Gelsinger seeks…

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Intel

Intel Layoffs 2025: Factory Cuts, Ohio Plans on Hold

Intel Posts Revenue Beat, Cuts Foundry Spending as CEO Declares 'No More Blank Checks'

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