Intel postpones $28B chip factories, completion now expected by 2030
Intel has announced a major delay in the completion of its $28 billion chip fabrication plants in Ohio, US. The first factory, situated in New Albany, is now expected to be operational only by 2030. This new timeline pushes the original schedule by at least five years.
Intel (NASDAQ: INTC) made a surprising move. It pushed CEO Pat Gelsinger out the door. The board of directors did so without ...
David Zinsner, one of Intel’s interim co-CEOs, says that while the chipmaker still wants to be a ‘world-class foundry,’ its board of directors wants company leadership to ‘also put ...
Intel’s interim Executive Chairman Frank Yeary has reportedly been holding talks with both suitors and officials from the ...
The rumor mill is spinning overtime on struggling Intel as the tech icon looks at ways to create shareholder value. Chip ...
The news was delivered by Michelle Johnston Holthaus, who heads Intel Product, and David Zinsner, who along with Holthaus is serving as co-chief executive officer of Intel after Pat ...
INTC stock fell today on these mixed results indicating that the market isn’t optimistic about Intel’s chances for growth. However, on the earnings call, interim co-CEO David Zinsner revealed ...
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