Tagged: intel

Intel to spin off cybersecurity unit McAfee

US tech giant Intel announced plans Wednesday to spin off its cybersecurity operations as an independent company under the name McAfee. The move comes six years after Intel announced the acquisition of McAfee, one...

Intel plans to cut thousands of jobs

Intel Corp (INTC) is planning to cut thousands of jobs this spring, including reducing headcount in some business units by double-digit percentages, news website Oregonlive said, citing sources inside the company familiar with the...

Intel and AMD overexposed to weak PC sales

Shares of chipmakers with a lot of exposure to the PC industry traded lower on Monday, as analysts raised concerns that those companies might not meet expectations as the laptop market continues to underperform....