Intel beat Wall Street revenue expectations but posted an unexpected loss due to charges related to streamlining. The company, under new CEO Lip-Bu Tan, is taking decisive action to get costs in line.

Intel (NASDAQ:INTC) shares surged 8.8% by the close of market trading on Thursday, as the once-beleaguered U.S. chipmaker has climbed 37% since September 17. Its share price has soared 69% year to ...

Intel's (INTC) latest quarterly results and guidance are an indication that its turnaround effort is working, but the semiconductor giant still has a long way to go. Read for more.

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