Intel officially unveiled its next-gen Lunar Lake laptop processor lineup in June, though we've known about the next-gen processors for a few months now. The company has yet to make an announcement about the desktop version. A new X leak spotted by GSMArena claims that the desktop processors will be dubbed Arrow Lake and are … Read more
Intel has sold its 1.18 million share stake in British semiconductor company Arm. According to a regulatory filing, Intel raised an estimated $146.7 million from the sale based on Arm's average share price between April and June, according to Reuters calculations. Arm debuted on the Nasdaq Fund Network in September last year, closing its first … Read more
Intel has announced it will reduce its global workforce by about 15,000 employees. As detailed in its second quarter 2024 financial results released yesterday, Intel revealed a $10 billion cost-cutting plan that will include a more than 15% reduction in headcount “to rightsize and refocus” the company. Most of the layoffs will be completed by … Read more