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Intel committed to German site despite delay
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 announces it will 'pause' plans for a manufacturing megafab in Germany due to ongoing money trouble
In a note sent to employees and later published, Intel CEO Pat Gelsinger announced the decision: "We will pause our projects in Poland and Germany by approximately two years based
Intel's German plant delay lands blow to EU's chip ambitions
The U.S. chipmaker’s move to delay the project in Magdeburg by about two years is a blow to the EU’s goal of producing one-fifth of the world’s semiconductors by 2030.
2d
Intel to spin off chip fab business unit as AWS signs up for custom AI chips
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...
3d
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 ...
Network World
1d
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 ...
The Register on MSN
3d
Intel frees its Foundry biz – and that's just one of many major shake-ups today
This suggests that
Intel
may do more than delay its €30 billion
fab
project in Magdeburg,
Germany
and $4.6 billion ...
3d
on MSN
Intel turns foundry business into subsidiary to allow for outside funding
Intel said it's turning its foundry business into an independent unit with its own board and the potential to raise outside ...
3d
Germany's coalition argues over Intel subsidies in new budget dispute
A new budget dispute emerged within Germany's ruling coalition on Monday, with the finance ministry saying funds no longer ...
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