Intel shares slumped 20% in extended trade after it announced sweeping job cuts and a suspension of its dividend.
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Intel plans to eliminate thousands of jobs to reduce costs and fund an ambitious turnaround effort.
Donald Trump’s comments that Taiwan hollowed out the US semiconductor industry are incorrect.
The move is likely to advance China’s technological ambitions even as the US tries to halt its rise.
Technology companies from Microsoft to Qualcomm are embarking on a marketing blitz for a new type of computer.
Qualcomm has become the new front-of-shirt sponsor for Manchester United Football Club as the firm pivots into PC processors.
AI chips, Windows support for ARM and end of support for Windows 10 could lead to a big PC refresh cycle.
As end of support for Windows 10 approaches, businesses must prepare for a significant transition.
Nvidia’s rise was by no means assured — and neither is its staying power as the mostly highly valued company in the world.
Intel is halting plans for a $25-billion factory in Israel, Israeli financial news website Calcalist said on Monday.