Intel shareholders accuse company of hiding problems about its in-house chips manufacturing business ahead of announced layoffs and poor earnings

Intel recently announced mass layoffs of 15,000 jobs amid losses in Q2.Shareholders are claiming in a lawsuit that Intel didn't do enough to warn investors.They accuse the company of making false and misleading statements about its foundry business. Sign up to get the inside scoop on today’s biggest stories in markets, tech, and business — delivered daily. Read preview Thanks for signing up! Go to newsletter preferences Thanks for signing up! Access your favorite topics in a personalized feed whil ...