In a move that has shaken the tech industry, Intel Corp INTC is set to fire about 15,000 employees, amounting to over 15% of its workforce, as part of a drastic cost-cutting measure aimed at saving $1

Intel having worst day since 1974

02:25pm, Friday, 02'nd Aug 2024
CNBC's Jon Fortt joins 'The Exchange' to discuss Intel's stock drop due to weaker-than-expected Q2 earnings and revenue.

Intel: The Little AI Engine That Couldn't

02:01pm, Friday, 02'nd Aug 2024
Intel Corporation's Q2 2024 results were disappointing, with missed revenues, gross margins, and earnings per share, leading to a suspension of dividend payments. Fitch Ratings downgraded Intel's Long

Trade update: Bill Baruch sells Intel

01:41pm, Friday, 02'nd Aug 2024
Bill Baruch, founder & president at Blue Line Capital, joins CNBC's “Halftime Report” to explain why he's selling Intel after buying it a few weeks ago.
Intel (INTC) reported lackluster second-quarter 2024 results. It missed estimates on both earnings and revenues and guided a loss for the third quarter.
Bonds issued by troubled chip maker Intel Corp. were getting crushed on Friday as the stock cratered toward a 50-year low, with spreads widening by 15 to 20 basis points as the selling gained momentum

Intel stock on pace for worst day since 1974

12:47pm, Friday, 02'nd Aug 2024
CNBC's Jon Fortt reports on the latest from Intel.

Intel Q2: Irredeemable (Rating Downgrade)

12:30pm, Friday, 02'nd Aug 2024
Intel Corporation reported disappointing Q2 results, with a 20% stock drop, missed revenue and earnings estimates, dividend cut, and layoffs. Revenues and operating income were stagnant, with poor gro

Intel Q2: Cost Reduction Amid Sluggish Growth

12:16pm, Friday, 02'nd Aug 2024
Intel released disappointing results, leading to job cuts and dividend suspension, with stock price dropping over 35% since April 2024. Cost reduction measures indicate poor management and sluggish gr
The chip giant's disastrous earnings report may eventually lead to it getting replaced in the Dow Jones Industrial Average.

Intel: Disaster Strikes, What Now?

12:08pm, Friday, 02'nd Aug 2024
Intel shares plummeted 27% after weak Q2'24 earnings report, missing revenue estimates and reporting $1.6B loss. Intel announced aggressive cost restructuring, laying off 15% of workforce, and elimina
Evolution VC Partners founder Gregg Smith analyzes the 'major' stock market selloff on 'Varney & Co.' #foxbusiness #varney
One former tech leader is on a downward spiral today and there doesn't seem to be an end in sight. Intel (NASDAQ: INTC ) has been volatile for weeks with little in the way of positive updates.
Intel is on track to erase more than $30 billion in market value in one of its worst days since going public decades ago, part of a broader selloff as tech titans release lackluster earnings reports a

Why Intel Stock Is Crashing Today

11:03am, Friday, 02'nd Aug 2024
Second-quarter sales and earnings missed Wall Street's expectations. The company is suspending its dividend and laying off 15% of its workforce.
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