Intel, Folsom

Intel Corporation (INTC) to Sell Folsom Campus as Part of Cost-Cutting Amid Struggles to Regain Chip Leadership
We recently compiled a list of the 14 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where Intel Corporation (NASDAQ:INTC) stands against the other AI stocks that are on Wall Street’s Radar.
Intel plans to sell Folsom campus a week after laying off hundreds more employees
A week after laying off several hundred more employees in the Sacramento region, global technologies company Intel announced they would sell their Folsom campus. Intel says the sale is part of a company-wide mission to reduce the amount of unused space and “foster greater in-person collaboration.
After Layoffs, Intel Has Announced To Sell Its 150-Acre Folsom Campus In $10 Billion Cost-Cutting Effort
Intel is planning selling its 150-acre Folsom campus and reviewing other property holdings as the struggling chipmaker intensifies cost-cutting measures following recent layoffs of 15,000 employees. From Intel inside to outside 😣 — nikunj shah 🇮🇳 (@niku1630) November 26, 2024
Chipmaker Intel announces plans to sell, lease back Folsom site in effort to cut costs
Chipmaker Intel Corp. announced plans to sell and lease back its Folsom site nearly a month after the technology giant said it would be laying off nearly 300 employees​ at the site in November.
Intel to Sell Folsom Campus and Reevaluate Hillsboro Site
Intel is making changes to its real estate strategy as part of broader efforts to cut costs and adapt to shifting market conditions.
Intel to sell research and development campus in Folsom
Silicon Valley-based technology company Intel plans to sell its Sacramento-area campus in a cost-cutting effort, the company confirmed to KCRA 3. A company spokesperson said Intel plans to list its Folsom site for sale and lease back the space it needs.
Intel to sell Folsom campus real estate, lease space in $10B cost-cutting effort
Following hundreds of layoffs at its site in Folsom, Intel confirmed plans to list the real estate of its campus there for sale and lease back part of the space, amid a broader cost-reduction effort for the Santa Clara-based tech company.
Intel Announces They May Sell Off Hawthorne Farms And Time Is Running Out On Last Big CHIPS Act Opportunity
Today, the Biden-Harris Administration announced that the U.S. Department of Commerce awarded TSMC Arizona Corporation (TSMC Arizona), a subsidiary of Taiwan Semiconductor Manufacturing Company Limited (TSMC), up to $6.6 billion in direct funding under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities.
Intel will sell 150-acre campus in California, assessing future of 50-acre Hillsboro site
The chipmaker is reducing its real estate holdings around the world as it works to cut $10 billion in spending.
Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff
This is apparently what is going to happen to Intel's campus in Folson, California, reports OregonLive. The company is set to sell its 150-acre Folsom, California campus, but keep the site operational.
Intel to sell Folsom campus and lease back only space it needs, company says
Intel’s CEO said it would deliver $10 billion in cost savings by 2025. Plans to sell the Folsom site come after 272 employees were notified of layoffs last month.
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Intel To Reduce Property Holdings Just As It Finalizes $8B CHIPS Act Grant To Build Factories
Intel is finalizing a deal for an $8B grant to build more factories even as it pares back its real estate holdings.
Intel's $8.5B CHIPS Act award faces cut, report says
Planned reduction reflects a $3 billion CHIPS Act award for military work but also "takes into account Intel’s technology ...