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Nvidia will buy Intel stock at $23.28 a share, below Wednesday’s closing price of $24.90. That will dilute the value of investors’ existing stake in Intel but the deal is already paying off for them, ...
Left out of the AI boom, Intel gets a boost from Nvidia, the technology's biggest player. Intel will cut further, CEO says © ...
NVIDIA has today announced it will invest $5 billion in Intel as part of a new collaboration between the two companies. In a ...
In the wake of recent layoffs, the Intel Oregon workforce is down to its lowest point in more than a decade, reports Oregon Live / The Oregonian. Worryingly, the newspaper’s sources have indicated ...
Employers are averaging more than 600 Oregon layoffs a month so far this year. The state's labor market is struggling.
Intel has opted not to sell its 50-acre Hawthorn Farm campus in Hillsboro, choosing to retain the property for critical engineering work after a five-month review of the site’s future. “After a ...
Earlier this month the semiconductor chip maker Intel announced it would layoff nearly 2,400 workers in Washington County, amounting to about 10% of its overall workforce. Nonetheless, the company ...
PORTLAND, Ore. (KOIN) – Intel is set to issue hundreds of layoff notices to Oregon employees this week, according to a WARN notice that was shared with staff on Monday. According to Intel company ...
Intel (NASDAQ:INTC) plans to reduce its workforce in Oregon by 529 employees by July 15, in an initial wave of cuts that will eventually add up to thousands, according to The Oregonian. "Removing ...
PORTLAND, Ore. (KOIN) — Intel has responded to a social media post made by President Trump on Thursday morning, after its stock declined. Trump’s Truth social post said Intel’s Chief Executive Officer ...
HILLSBORO, Ore. — Intel Corp. has dramatically upped the number of Oregon employees being laid off from 530 to 2,329. The corporation had initially filed a layoff notice on Tuesday, saying that the ...
Intel has undergone major changes in recent months. New CEO Lip-Bu Tan is cutting costs aggressively as the company prepares for the ramp of its upcoming 18A process node. Despite near-term ...
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