Thursday, 5 March

Thursday, 5 March2026

Intel slashes dividend by two-thirds to shore up cash reserves amidst semiconductor shortage

By Basit Ansari
Intel slashes dividend by two-thirds to shore up cash reserves amidst semiconductor shortage
<p>Intel, the world&#39;s largest semiconductor chipmaker, has announced a reduction in its quarterly dividend by two-thirds, which will help it raise more cash to address the ongoing semiconductor shortage. The move will save Intel approximately $5 billion per year, and the company plans to use the additional funds to invest in production capacity and expand its business.</p>
Read full story at Yahoo
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