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A federal judge dismissed a lawsuit accusing Intel of defrauding shareholders by concealing problems in a business where it ...
A federal judge on Wednesday dismissed a lawsuit against Intel, which accused the company and its management of hiding financial troubles of its semiconductor manufacturing division in 2023 ...
Intel‘s stock sank 9.3% Friday after it reported mixed financial results Thursday and revealed it would cut its workforce by 22% this year. That added to a decline from the day prior, before Intel ...
Intel's nightmare year continues. Fresh on the heels of laying off 15,000 employees and amidst a class action lawsuit about failing 13th Gen and 14th Gen CPUs, Intel now faces a lawsuit from its ...
Intel secured a legal victory after a U.S. judge dismissed a shareholder lawsuit alleging the company misled investors about foundry losses, which contributed to a $32 billion stock plunge.
It probably should have been a little better day for chipmaker Intel (INTC) than it turned out to be. Despite a patent win and a little extra good will from Ohio-area drivers, Intel stock still ...
The lawsuit accused Intel of inflating its stock price from January 25 to August 1, 2024, when Intel posted a $1.61 billion quarterly loss and said it would lay off more than 15,000 people and ...
Intel's revenue was up 20 ... Chipzilla is facing a class-action lawsuit for investors fraud. Intel's revenue was up 20 ... The subsequent decline in share price resulted in AMD's stock ...
In a statement to 10TV about the lawsuit and the future of the fab plants in Licking County, the City of New Albany said, "Intel has proven to be a strong community partner ever since the project ...
The lawsuit accused Intel, along with its CEO and CFO, of making false and misleading statements that "artificially inflated" the company's stock price. A spokesperson for Intel declined to comment.
Intel's Decline May Have Only Just Begun. Oct. 25, 2023 11:55 AM ET Intel Corporation (INTC) Stock INTC 98 Comments 13 Likes. ... Options traders are betting on further declines in Intel's stock, ...
Intel now faces a lawsuit from its shareholders that claims the company shared false or misleading information about its manufacturing capacity. Intel announced 15,000 layoffs earlier this month ...