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Intel CEO Says He's 'Making Hard But Necessary Decisions' As Chipmaker Announces Massive Layoffs, Project Cancellations
Intel is slashing 31% of its workforce and halting global expansion projects in a sweeping restructuring effort as it struggles to compete with AI chip leader Nvidia and regain its edge in the rapidly evolving semiconductor industry.
Intel is set to report its sixth consecutive net loss on July 24, while revenue is expected to drop for a fifth straight ...
Despite setbacks, businesses, leaders confident Intel project will thrive by: Eric Halperin. Posted: Apr 23, 2025 / 07:00 PM EDT. Updated: Apr 23, 2025 / 06:30 PM EDT.
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Magdeburg politicians raise concerns about possible Intel fab ... - MSN
Magdeburg politicians raise concerns about possible Intel fab cancellation — plans drawn up for anchor investor withdrawal. ... unlike some other building project commitments in Ohio. However ...
The federal CHIPS funds are a hefty piece, but they aren’t the whole pie for a project reliant on government dollars. The state has also already disbursed $600 million in onshoring grants for ...
COLUMBUS, Ohio (WCMH) — Intel released its annual 2024 report and 2025 forecast, addressing financial and political concerns that will affect the Ohio One plant. On Thursday, Intel released b… ...
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