Intel Stock News

Intel has announced plans to lower its global headcount by more than 20% under the leadership of Lip-Bu Tan, who has been at the helm for a couple of months only. In its latest reported quarter, the semiconductor giant came in ahead of Street estimates on both the top and bottom line as well.

Recent semiconductor sector news from late May indicates that Intel Corporation NASDAQ: INTC has discovered an alleged embezzlement, which media outlets have dubbed the "chip bandit." Over $840,000 was reportedly involved in the embezzlement at its Israeli operations.

The three microchip stocks in this analysis are all a bit sluggish at the moment, as I look at the premarket charts. At this point, it looks as if the market is in the middle of churning to work off frothy moves.

Wall Street runs on information, and investors rarely have to look too far for market-moving data. Everything from President Donald Trump's ever-changing tariff and trade policy to earnings season provides clues to investors about the current and future health of corporate America and the U.S. economy.

Lip-Bu Tan is a little over two months into his gig running Intel, and he's making his intentions to grow the foundry business clear. But persuading Wall Street that Intel can be a real player in the chip manufacturing business requires that Tan find a big customer willing to move some production.

The decline of Intel (INTC -0.88%) and the numerous failed efforts to recover its leadership in the chip market have undoubtedly frustrated many investors. The company has hired and dismissed several CEOs who have tried and failed to return Intel to competitiveness.

The U.S. equity markets have been quite turbulent in 2025, affected by escalating geopolitical pressures, protectionist tariffs, and high interest rates. Not surprisingly, investors are shying away from high-growth, high-risk stocks and moving toward defensive plays.

SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel announces that Michelle Johnston Holthaus, CEO of Intel Products, will participate in the BofA Global Technology Conference on June 3.