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The layoffs come after the company announced plans to reduce its workforce in an attempt to save $10 billion in 2025.
Intel’s new CEO Lip-Bu Tan is reportedly considering a major change to Intel’s manufacturing division, including Ohio’s plant ...
CEO Pat Gelsinger repeated his prediction that it'll take "a couple of years" before chip production catches up with demand, and said Intel is looking to build more of its chips in the U.S.
Last month, Biden visited Chandler, Ariz., to announce $8.5 billion in funding for Intel to construct and expand factories that make semiconductors in four states.
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