Intel recently announced its plan to delay the construction of two mega chip-making factories in Germany and Poland. The chip maker attributed its decision to a lower demand for its chips than ...

WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more than 7.4 billion zlotys ($1.91 billion) in state aid, the ...

Intel announced it'll pause its chip-making plans in Poland and Germany -- and expand a deal with AWS to build custom chips, including an AI processor.

In August, Intel revealed it lost $1.6 billion in Q2 2024, and announced it would be making 15,000 layoffs across the company as part of a plan to save $10 billion.. Intel puts chip fab plans on hold.

Intel will spin off its chipmaking business and pause work on chip plants in Germany and Poland as part of plans to reverse billions in losses. And we just found out Intel lost out on the PS6 ...

Intel secures $1.91 billion in Polish state grants for new chip plant. Poland set to finalize Intel deal by 2024, construction could start soon. See how Matt Maley is positioning for post-Fed ...

With Gelsinger out, Intel’s chief financial officer, David Zinsner, and Intel Products CEO, Michelle Johnston Holthaus, will temporarily serve as co-CEOs while the board searches for a new leader.

Intel's tough economic times have forced the chip maker to postpone the development of two mega fab factories in Poland and Germany. Comments (0) When you purchase through links on our site, we ...

WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more than 7.4 billion zlotys ($1.91 billion) in state aid, the ...

Poland's Intel Plant Gets EU Green Light for $1.9 Billion in State Support WARSAW (Reuters) -The European Commission has given Poland a green light to support an Intel chip assembly and testing ...