Intel is planning to spin off its networking unit as the struggling chipmaker looks to shed assets and cut costs under the ...

On Thursday, Intel disclosed that it plans to reduce its headcount by 15% more this year in a bid to boost financial ...

The networking division, which develops advanced communication and network cards for data centers and AI, employs thousands ...

Intel (NASDAQ:INTC) plans to spin off its Network and Edge Group (NEX) into a stand-alone company and is seeking outside investment for the business unit, according to a memo reportedly sent to ...

INTEL is planning to separate its networking and communications unit into a stand-alone company and has begun the process of identifying investors, the chipmaker said on Friday, as new Chief Executive ...

Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek ...

Intel (NASDAQ:INTC) to spin off its networking unit, seek strategic investors, and cut jobs amid restructuring.

Intel plans to spin off its NEX unit into a new company; read the full memo sent to customers by Sachin Katti.

Intel has announced plans to spin off its Network and Edge Group (NEX) as an independent company, continuing a wave of ...

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Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.