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 ...
Biden admin reducing Intel chip grant below $8B: reports
The Biden administration is expected to trim the original $8.5 billion in grant funding to Intel from the CHIPS and Science ...
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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 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's $8.5B Chips Act award faces cut, report says
Intel could face a reduction in its Chips Act grant, according to a report. The company and advocates in Ohio already had ...
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 ...
After layoffs, Intel planning to sell campuses amid cost-cutting drive; read company’s announcement
Intel, facing financial headwinds and declining revenue, is implementing cost-cutting measures including potential ...
Intel Corporation (INTC) to Sell Folsom Campus as Part of Cost-Cutting Amid Struggles to Regain Chip Leadership
We recently compiled a list of the 14 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where ...