Tag: Intel future

Chip maker Intel announced on Wednesday that it plans to ship its new line of server chips earlier than expected. As a result, the company’s stock has seen its biggest one-day gain since November. Intel’s Executive Vice President Sandra Rivera shared that the company has...

The low sales of personal computers (PC) prompted the chip maker Intel Corp. to engage in cost-cutting activities that will likely result in significant layoffs. According to Bloomberg, Intel plans to make a “major reduction in headcount,” with thousands of employees set to lose...