The dark day that chip stock Intel ($INTC) employees have dreaded has arrived, and over 2,000 layoffs have already begun. Despite a good chunk of

We recently compiled a list of the 10 Worst Performing NASDAQ Stocks in 2024. In this article, we are going to take a look at where Intel Corp. (NASDAQ:INTC) stands against the other Worst Performing NASDAQ Stock in 2024.

Last month, Intel CEO Pat Gelsinger mentioned in a message to employees that the company was looking to sell part of its stake in Altera to "carefully manage our cash as we meanin

Back on September 12, Sandra Rivera, CEO of Altera, noted that any idea that chip stock Intel ($INTC) might sell its stake in Altera was “…not

This move that would represent a sharp about face from its earlier public messaging about the larger company's prospects.

It is a time of great change at Intel ($INTC), where the chipmaker is preparing to welcome one new employee and say goodbye to a great many more.

Intel reportedly hopes to sell a minority stake in Altera for several billion dollars. The deal would value the business at around $17 billion, or about what the chipmaker spent to buy it in 2015. The report aligns with recent statements from Sandra Rivera,