News

Intel Corp. is again slowing the speed of construction of two $28-billion semiconductor fabrication plants in central Ohio.
Gov. Mike DeWine says Intel is still committed to Ohio even as it announced it will "further slow" the pace of construction ...
Gross margin remains under pressure, falling by 790 basis points from 35.4% to 27.5%, while adjusted gross margins fell 900 ...
Intel is cancelling its leading edge fab in Madgeburg, Germany, as well as a chiplet packaging plant in Poland as part of its ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global ...
In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.” ...
The storied chipmaker cut management layers by half and plans to reduce its overall workforce by 15% amid a broader austerity ...
Intel’s decision to slow the pace of construction is not expected to change its timeline to open, which is set for 2030 or ...
Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better ...
State and local officials are reacting to Intel's announcement that the company was slowing construction on its $28 billion ...
Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.