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Intel Corp., major Arizona employer, to cut 15% of its workforce

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Intel Corp., major Arizona employer, to cut 15% of its workforce


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Intel Corp., one of Arizona’s largest employers, announced plans to cut about 15% of its global workforce as part of a massive restructuring triggered by weak financial results.

Intel, headquartered in Santa Clara, California, currently ranks as Arizona’s 11th-largest nongovernmental employer, with 13,000 employees as of last year’s Repubic 100 special report. 

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The company announced the cuts, designed to save $10 billion, after the stock market closed Thursday.

It was not immediately clear how the cuts would affect its Chandler operation.

“Simply put, we must align our cost structure with our new operating model and fundamentally change the way we operate. Our revenues have not grown as expected – and we’ve yet to fully benefit from powerful trends, like AI. Our costs are too high, our margins are too low,” Intel CEO Pat Gelsinger said in a note to employees Thursday.

“We need bolder actions to address both – particularly given our financial results and outlook for the second half of 2024, which is tougher than previously expected.”

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He said the company would offer a companywide “enhanced retirement offering” for eligible employees and an application program for voluntary departures. 

Intel received up to $8.5 billion in federal grants as part of a preliminary agreement announced by President Joe Biden and Commerce Department officials during a visit to Arizona on March 20. The funding was earmarked to rebuild America’s technological leadership in semiconductors. The government could make up to $11 billion in loans available as well, plus a federal investment tax credit of up to 25% of certain expenses.

The agreement called for construction of two new leading-edge logic fabs and modernization of one existing fab at Intel’s Chandler campus. That would significantly increase leading-edge capacity, including high-volume domestic production of Intel 18A, the company’s most advanced chip design.

Intel has operations in Arizona, Oregon, New Mexico and Ohio in the U.S. and in countries around the world.

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This is a developing story. Return to azcentral.com for updates.



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Arizona Lottery Powerball, The Pick results for Feb. 28, 2026

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Arizona Lottery Powerball, The Pick results for Feb. 28, 2026


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The Arizona Lottery offers multiple draw games for those aiming to win big.

Here’s a look at Saturday, Feb. 28, 2026 results for each game:

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Winning Powerball numbers

06-20-35-54-65, Powerball: 10, Power Play: 4

Check Powerball payouts and previous drawings here.

Winning The Pick numbers

09-12-15-25-31-35

Check The Pick payouts and previous drawings here.

Winning Pick 3 numbers

6-1-8

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Check Pick 3 payouts and previous drawings here.

Winning Fantasy 5 numbers

07-10-22-30-36

Check Fantasy 5 payouts and previous drawings here.

Winning Triple Twist numbers

08-09-14-17-30-41

Check Triple Twist payouts and previous drawings here.

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Feeling lucky? Explore the latest lottery news and results

What time is the Powerball drawing?

Powerball drawings are at 7:59 p.m. Arizona time on Mondays, Wednesdays and Saturdays.

How much is a Powerball lottery ticket today?

In Arizona, Powerball tickets cost $2 per game, according to the Arizona Lottery.

How to play the Powerball

To play, select five numbers from 1 to 69 for the white balls, then select one number from 1 to 26 for the red Powerball.

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You can choose your lucky numbers on a play slip or let the lottery terminal randomly pick your numbers.

To win, match one of the 9 Ways to Win:

  • 5 white balls + 1 red Powerball = Grand prize.
  • 5 white balls = $1 million.
  • 4 white balls + 1 red Powerball = $50,000.
  • 4 white balls = $100.
  • 3 white balls + 1 red Powerball = $100.
  • 3 white balls = $7.
  • 2 white balls + 1 red Powerball = $7.
  • 1 white ball + 1 red Powerball = $4.
  • 1 red Powerball = $4.

There’s a chance to have your winnings increased two, three, four, five and 10 times through the Power Play for an additional $1 per play. Players can multiply non-jackpot wins up to 10 times when the jackpot is $150 million or less.

Are you a winner? Here’s how to claim your lottery prize

All Arizona Lottery retailers will redeem prizes up to $100 and may redeem winnings up to $599. For prizes over $599, winners can submit winning tickets through the mail or in person at Arizona Lottery offices. By mail, send a winner claim form, winning lottery ticket and a copy of a government-issued ID to P.O. Box 2913, Phoenix, AZ 85062.

To submit in person, sign the back of your ticket, fill out a winner claim form and deliver the form, along with the ticket and government-issued ID to any of these locations:

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Phoenix Arizona Lottery Office: 4740 E. University Drive, Phoenix, AZ 85034, 480-921-4400. Hours: 7:30 a.m. to 5 p.m. Monday through Friday, closed holidays. This office can cash prizes of any amount.

Tucson Arizona Lottery Office: 2955 E. Grant Road, Tucson, AZ 85716, 520-628-5107. Hours: 7:30 a.m. to 5 p.m. Monday through Friday, closed holidays. This office can cash prizes of any amount.

Phoenix Sky Harbor Lottery Office: Terminal 4 Baggage Claim, 3400 E. Sky Harbor Blvd., Phoenix, AZ 85034, 480-921-4424. Hours: 8:30 a.m. to 5 p.m. Monday through Sunday, closed holidays. This office can cash prizes up to $49,999.

Kingman Arizona Lottery Office: Inside Walmart, 3396 Stockton Hill Road, Kingman, AZ 86409, 928-753-8808. Hours: 8 a.m. to 8 p.m. Monday through Friday, 8:30 a.m. to 5 p.m. Saturday and Sunday, closed holidays. This office can cash prizes up to $49,999.

Check previous winning numbers and payouts at https://www.arizonalottery.com/.

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This results page was generated automatically using information from TinBu and a template written and reviewed by an Arizona Republic editor. You can send feedback using this form.



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Kansas Jayhawks at Arizona Wildcats odds, picks and predictions

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Kansas Jayhawks at Arizona Wildcats odds, picks and predictions


The No. 14 Kansas Jayhawks (21-7, 11-4 Big 12) visit the No. 2 Arizona Wildcats (26-2, 13-2) Saturday afternoon for a 4 p.m. ET (ESPN) tip from McKale Memorial Center in Tucson, Arizona. Let’s analyze BetMGM Sportsbook’s NCAA basketball odds around the Kansas vs. Arizona odds and make our expert college basketball picks and predictions for the best bets.

Kansas got back in the win column on Monday with a 69-56 victory over Houston, covering as a 2.5-point home underdog with the Under (137.5) hitting. G Tre White led all scorers with 23 points while F Bryson Tiller (11 points, 10 rebounds) added a double-double in the much-needed victory after the Jayhawks had dropped 2 of their previous 3.

Arizona has won 3 in a row after taking down Baylor 87-80 on Tuesday, narrowly failing to cover as a 7.5-point road favorite with the Over (154.5) hitting. G Jaden Bradley scored a team-high 25 points, G Brayden Burries added 24, and F Tobe Awaka (10 points, 13 rebounds) added a double-double.

– Rankings: USA TODAY Sports Coaches Poll

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Kansas at Arizona odds

Provided by BetMGM Sportsbook; access USA TODAY Sports Scores and Sports Betting Odds hub for a full list. Lines last updated 9:40 a.m. ET.

  • Moneyline (ML): Kansas +400 (bet $100 to win $500) | Arizona -550 (bet $550 to win $100)
  • Against the spread (ATS): Kansas +9.5 (-110) | Arizona -9.5 (-110)
  • Over/Under (O/U): 149.5 (O: -115 | U: -105)

Kansas at Arizona picks and predictions

Prediction

Arizona 76, Kansas 69

PASS.

There is minimal value on the Wildcats (-550) to win at home on Saturday against a Jayhawks team that is 5-4 on the road this season.

BET KANSAS +9.5 (-110).

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The Jayhawks are 18-10 ATS this season, including 9-3 ATS over their last 12. They are 3-1 ATS over their last 4 on the road, as well, and are coming off a massive win over No. 5 Houston to build momentum heading into another tough contest.

The Wildcats have failed to cover in 4 of their last 5 games, including each of their last 4 as favorites and back-to-back games at home.

With a near double-digit spread, the advantage belongs to the road squad.

BET UNDER 149.5 (-105).

The Wildcats have hit the Under in 7 of their last 10 games, including 3 of their last 4. They have scored 78 or fewer points in 4 of their last 5 games while allowing 68 or fewer in 5 of their last 10, including 2 of their last 3.

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The Jayhawks have hit a 19-9 Under record this season and have also hit the Under in 7 of their last 10. They have scored 69 or fewer points in 3 of their last 4 while allowing 75 or fewer in 7 of their last 10.

For more sports betting picks and tips, check out SportsbookWire.com and BetFTW.

Follow SportsbookWire on Twitter/X and like us on Facebook.

College sports coverage from USA TODAY Sports Media Group:

Alabama / Auburn / Clemson / Colorado / Duke / Florida / Florida State / Georgia / Iowa / Kentucky / LSU / Michigan / Michigan State / Nebraska / North Carolina / Notre Dame / Ohio State / Oklahoma / Oregon / Penn State / Tennessee / Texas / Texas A&M / UCLA / USC / Washington / Wisconsin / College Sports Wire / High School / Recruiting

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Arizona Lottery Mega Millions, Pick 3 results for Feb. 27, 2026

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Arizona Lottery Powerball, The Pick results for Feb. 28, 2026


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The Arizona Lottery offers multiple draw games for those aiming to win big.

Here’s a look at Friday, Feb. 27, 2026 results for each game:

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Winning Mega Millions numbers

11-18-39-43-67, Mega Ball: 23

Check Mega Millions payouts and previous drawings here.

Winning Pick 3 numbers

7-7-0

Check Pick 3 payouts and previous drawings here.

Winning Fantasy 5 numbers

16-19-20-26-37

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Check Fantasy 5 payouts and previous drawings here.

Winning Triple Twist numbers

11-15-24-25-28-30

Check Triple Twist payouts and previous drawings here.

Feeling lucky? Explore the latest lottery news and results

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What time is the Powerball drawing?

Powerball drawings are at 7:59 p.m. Arizona time on Mondays, Wednesdays and Saturdays.

How much is a Powerball lottery ticket today?

In Arizona, Powerball tickets cost $2 per game, according to the Arizona Lottery.

How to play the Powerball

To play, select five numbers from 1 to 69 for the white balls, then select one number from 1 to 26 for the red Powerball.

You can choose your lucky numbers on a play slip or let the lottery terminal randomly pick your numbers.

To win, match one of the 9 Ways to Win:

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  • 5 white balls + 1 red Powerball = Grand prize.
  • 5 white balls = $1 million.
  • 4 white balls + 1 red Powerball = $50,000.
  • 4 white balls = $100.
  • 3 white balls + 1 red Powerball = $100.
  • 3 white balls = $7.
  • 2 white balls + 1 red Powerball = $7.
  • 1 white ball + 1 red Powerball = $4.
  • 1 red Powerball = $4.

There’s a chance to have your winnings increased two, three, four, five and 10 times through the Power Play for an additional $1 per play. Players can multiply non-jackpot wins up to 10 times when the jackpot is $150 million or less.

Are you a winner? Here’s how to claim your lottery prize

All Arizona Lottery retailers will redeem prizes up to $100 and may redeem winnings up to $599. For prizes over $599, winners can submit winning tickets through the mail or in person at Arizona Lottery offices. By mail, send a winner claim form, winning lottery ticket and a copy of a government-issued ID to P.O. Box 2913, Phoenix, AZ 85062.

To submit in person, sign the back of your ticket, fill out a winner claim form and deliver the form, along with the ticket and government-issued ID to any of these locations:

Phoenix Arizona Lottery Office: 4740 E. University Drive, Phoenix, AZ 85034, 480-921-4400. Hours: 7:30 a.m. to 5 p.m. Monday through Friday, closed holidays. This office can cash prizes of any amount.

Tucson Arizona Lottery Office: 2955 E. Grant Road, Tucson, AZ 85716, 520-628-5107. Hours: 7:30 a.m. to 5 p.m. Monday through Friday, closed holidays. This office can cash prizes of any amount.

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Phoenix Sky Harbor Lottery Office: Terminal 4 Baggage Claim, 3400 E. Sky Harbor Blvd., Phoenix, AZ 85034, 480-921-4424. Hours: 8:30 a.m. to 5 p.m. Monday through Sunday, closed holidays. This office can cash prizes up to $49,999.

Kingman Arizona Lottery Office: Inside Walmart, 3396 Stockton Hill Road, Kingman, AZ 86409, 928-753-8808. Hours: 8 a.m. to 8 p.m. Monday through Friday, 8:30 a.m. to 5 p.m. Saturday and Sunday, closed holidays. This office can cash prizes up to $49,999.

Check previous winning numbers and payouts at https://www.arizonalottery.com/.

This results page was generated automatically using information from TinBu and a template written and reviewed by an Arizona Republic editor. You can send feedback using this form.



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