Browsing Tag
Pat Gelsinger
10 posts
Shocking Intel shake-up: CEO Pat Gelsinger retires, dual leaders step in
Intel Corporation has announced the retirement of Chief Executive Officer Pat Gelsinger, marking the end of a distinguished…
Intel receives $7.86bn CHIPS Act funding to boost US chipmaking dominance
Intel Corporation has secured up to $7.86 billion in funding under the U.S. CHIPS and Science Act, marking…
Intel unveils aggressive cost-cutting measures amid struggles in semiconductor market
Intel Corporation is implementing a series of cost-reduction strategies and operational changes aimed at reviving its standing in…
Intel’s shocking layoff announcement: 15,000 jobs cut in $10bn cost-cutting overhaul
Intel Corporation announces significant layoffs and restructuring plans aimed at achieving $10 billion in savings by 2025. The…
Regulatory hurdles compel Intel, Tower Semiconductor to scrap $5.4bn deal
Intel Corporation has confirmed its decision to abort the planned $5.4 billion acquisition of Tower Semiconductor (Nasdaq: TSEM),…
Intel, Germany finalize deal for €30bn wafer fabrication site in Magdeburg
Intel has inked a revised letter of intent with the German federal government regarding the development of its…
Intel selects Poland for $4.6bn semiconductor assembly and test facility
Intel has announced its selection of a site near Wrocław, Poland, for a new state-of-the-art semiconductor assembly and…
Intel to acquire Israeli semiconductor company Tower Semiconductor
Intel has signed a deal worth approximately $5.4 billion to acquire Israeli semiconductor company Tower Semiconductor in a…
Intel to invest $20bn in two new chip factories in Licking County, Ohio
Intel said that it will make an initial investment of over $20 billion to build two new chip…
Intel breaks ground on $20bn computer chip factories in Chandler
Intel Corporation has started construction on a couple of new computer chip factories dubbed Fab 52 and Fab…