Intel posts flat Q1 2025 revenue, reduces capex and says expect job cuts in Q2
CEO Lip-Bu Tan wants to return Intel to its engineering roots
News - David Zinsner
The latest news from the data center, telco, and cloud sector
-
-
TSMC proposes JV with chip firms to share ownership of Intel’s foundry division - report
Nvidia, AMD, Qualcomm, and Broadcom have all been approached, sources claim
-
Intel posts third consecutive quarterly loss, cancels planned release of Falcon Shores AI chip
Despite the downturn, company has received first two installments of CHIPS Act funding
-
Intel spins out investment arm Intel Capital
Fund will start operating independently under a new name in the latter part of 2025
-
Intel to lay off a "meaningful number" of employees in $10bn spending cut, as chip sales crater
But it believes new server chips present a ray of hope
-
Intel teams with Brookfield to fund $30bn chip fabs in Chandler, Arizona
The company has a long and troubled history in Chandler