Add Yahoo as a preferred source to see more of our stories on Google. Intel's promised $28 billion semiconductor project in central Ohio has been delayed again, this time by several years. The ...
Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former President ...
Intel plans to lay off up to a fifth of its factory workers, an enormous cutback that will have a profound effect on one of the chipmaker’s core businesses. “These are difficult actions but essential ...
Intel told its factory workers this month that it will begin laying off workers in mid-July, and that “initial” cuts will conclude by the end of that month. “We have been taking action to build a ...
Intel’s first chip fabrication plant in Ohio may not open until 2030 at the earliest. According to a report in The Columbus Dispatch, Intel has slowed the building of its promised $28 billion ...
Intel on Thursday confirmed to ZDNet that it's delaying the groundbreaking of its Ohio semiconductor factory due to the ongoing delay of the CHIPS Act, a $52 billion funding package for domestic chip ...
Intel, the Bay Area semiconductor giant, will lay off between 15% and 20% of its factory workforce beginning in July, a move expected to eliminate over 10,000 jobs globally in one of the largest ...
Intel Corp. shares are flying high after the firm secured a string of high-profile backers, but the cash infusions have done little to fix the company’s biggest problem - its money-losing chip-making ...