Intel’s project near Magdeburg was to receive substantial government backing of €10 billion from the Climate and Transformation Fund, with an initial tranche of €3.96 billion allocated for 2024.

I ntel and the state of Saxony-Anhalt, whose capital city, Magdeburg, was supposed to host Intel’s Fab 29, have confirmed that both parties are still interested in the project even if Intel ...

Intel's CEO departure reignited debate on splitting its factories from the company. Intel's fabs are costly, but they're also considered vital for US national security. CHIPS Act funding requires ...

Four former Intel Corp. directors have called on the chipmaker to spin off its fab business into an independent company.Reed Hundt, Charlene Barshefsky, James Plummer and David Yoffie expressed th ...

Intel Corp. has won $7.86 billion in funding from the U.S. Commerce Department to upgrade its U.S. chip production infrastructure. The financing, which officials announced today, will be provided ...

Located in Leixlip, Ireland, Fab 34 is Intel’s leading-edge high-volume manufacturing (HVM) facility designed for wafers using the Intel 4 and Intel 3 process technologies. To date, Intel has ...

Intel's new CEO, Lip-Bu Tan, must address the company's cash burn and stabilize margins, particularly in the Foundry business, to deliver shareholder value. Tan's extensive semiconductor ...

Intel (INTC) was in focus on Wednesday as Baird said it has heard discussions from the supply chain about a potential spin-off of its foundry unit, with involvement by Taiwan Semi (TSM).