Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff
When companies experience financial difficulties, they might often sell off property to make some cash. In many cases, the companies lease the property back so as not to move their facilities, so not ...
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 ...
Intel Expects US to Shave Chip-Making Grant, Sources Say
This spring U.S. President Joe Biden's administration said it was awarding Intel nearly $20 billion in grants and loans, ...
Qualcomm’s Takeover Interest in Intel Is Said to Cool
Qualcomm Inc.’s interest in pursuing an acquisition of Intel Corp. has cooled, according to people familiar with the matter, ...
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 ...
Commerce Department to trim funding for Intel to build chip plants
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around the country, according to three people familiar with the grant who spoke on ...
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 ...
Commerce Department to reduce Intel's funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around ...
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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.
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Intel's Rocky Recover Still Has Legs, Here's How to Trade the Semi Name
This decision could significantly impact Intel's ambitious plans to expand manufacturing capabilities within the United ...
Intel close to finalizing $8B CHIPS Act grant, CNBC says
Intel (INTC) and the CHIPS Act Office are close to finalizing a deal that would award the company a roughly $8B grant, a person familiar with ...
Intel expects reduced U.S. grant after winning defense contract
Intel expects a reduction from the $8.5 billion preliminary U.S. subsidies planned for the chipmaker to adjust for a $3 ...