Intel said Thursday it has mostly completed plans it announced last quarter to cut 15% of its workforce, as the struggling chipmaker attempts a turnaround. The layoffs, tucked in Intel’s second ...
Nvidia said on Thursday that it would buy $5 billion worth of Intel’s common stock, becoming another major shareholder in the beleaguered company just weeks after the US government took a roughly 10% ...
Intel Corp. has agreed to the U.S. government taking a stake in it, President Donald Trump and the company announced Friday, capping an extraordinary chapter between the White House and the ...
Nvidia’s deal to invest $5 billion in beleaguered chip maker Intel added fuel to the tech rally. Intel's stock soared 23% Thursday—its best day in more than three decades—while shares of Nvidia, the ...
NEW YORK (AP) — Wall Street rolled to more records on Thursday as Nvidia and Intel led a rally for technology stocks after announcing a deal that includes a $5 billion investment. The S&P 500 rose 0.5 ...
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