Intel was once the undisputed king of semiconductors, but it lost its competitive edge. Now, a new CEO is making painful choices to right the ship.

Intel Corp. is laying off more than 5,000 employees across four states in the latest round of job cuts from the chip maker.

Major chipmaker Intel is undergoing another round of layoffs, which are expected to affect nearly 700 workers at its Chandler ...

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A similar wave of layoffs hit the East Valley plant late last year after the struggling chipmaker announced a significant reduction of its workforce worldwide.