The US tech giant is seeking a deal that values the programmable chip unit at around $17 billion.
This move that would represent a sharp about face from its earlier public messaging about the larger company's prospects.
Many semiconductor stocks have enjoyed price gains over the past year thanks to soaring interest in artificial intelligence ...
After reporting a more than $1 billion loss, the chipmaker said in August it was slashing 15% of its workforce worldwide in ...
Intel is laying off 251 employees in Austin starting next month, according to a WARN listing from the Texas Workforce ...
Intel plans to cut nearly 400 jobs at its Chandler, Arizona campus as part of a larger global reduction strategy.
Micron's business is more cyclical than Intel's. The memory chip market generally goes through boom-and-bust cycles. The ...
This could lead to further scrutiny by the Cyberspace Administration of China (CAC), the country’s cyber regulatory body.
Wolfspeed is now in the middle of a global manufacturing race with billions worth of federal grants and tax breaks going to ...
FOLSOM, Calif. — Intel Corp. plans to lay off over 300 employees across its Folsom and San José offices by next month.