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Intel delays Germany, Poland chip factories for 2 years

Hosted on MSN · 1d

Intel's financial crisis delays the development of mega fab factories in Poland and Germany despite heavy subsidies

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 earlier anticipated.

Intel halts plans for flagship factories in Germany, Poland amid financial woes

US chipmaker Intel is halting plans for new factories in Germany and Poland amid financial troubles, in a blow to the EU efforts to build up domestic chipmaking capacity.

developingtelecoms.com · 1d

Intel’s financial problems may affect its Poland and Malaysia operations

The financial difficulties faced by tech giant Intel seem likely to hit its operations in a number of regions, including Poland and Malaysia, with delays likely for chip-related operations in both countries.

Mobileye, Intel

Transport Topics · 1h

Intel Says It Won’t Sell Majority Stake in Mobileye

Mobileye Global shares surged the most in nearly two years after Intel said it isn’t “currently” preparing to unload its majority stake in the maker of autonomous driving technology.

Reuters on MSN · 7h

Intel says it has no plans to divest majority stake in Mobileye

(Reuters) -Struggling chipmaker Intel said on Thursday it had no plans to divest a majority stake in Mobileye, sparking an 8% rise in the self-driving tech firm's shares in premarket trading. Shares of Mobileye had taken a beating earlier this month after Bloomberg reported that Intel was looking to sell a portion of its stake in the company.

Hosted on MSN · 11h

Mobileye’s stock surges as Intel gives this reassuring sign

That majority shareholder is Intel Corp. which is struggling to get back on track after a series of technological missteps. Intel is also in the midst of a costly bid to regain manufacturing leadership and to serve as a foundry that makes chips for other semiconductor companies.

6don MSN

Poland's Intel plant gets EU green light for $1.9 billion in state support

The European Commission has given Poland a green light to support an Intel chip assembly and testing plant with more than 7.4 ...

2don MSN

Intel moves to spin out foundry business, inks AI chip deal with AWS

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

Network World7h

Intel strikes foundry deal with AWS

We have tripled our deal pipeline since the beginning of the year,” CEO Pat Gelsinger said of Intel Foundry’s business in a ...

18h

Intel: Sinking Transformation

Intel's ongoing transformation faces setbacks, with layoffs and delayed fabs, casting doubt on business improvements. See why ...

2d

Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts

The chipmaker, which has been struggling, said on Monday that it obtained a new government grant, signed a contract with ...

2d

Intel rises as Amazon deal boosts struggling foundry unit's prospects

Intel shares jumped almost 4% in early trading on Tuesday, as a chip-making deal with Amazon's cloud business gave a major ...

2d

Wall Street Lunch: Intel Grabs Wall Street Attention

And in the Wall Street Research Corner, today’s retail sales strength may be good news for small-cap stocks. RBC Capital ...

2d

Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design

Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.

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