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Intel committed to German site despite delay
Germany's Scholz: Intel committed to German site despite delay
German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker's announcement that it is delaying construction by two years amid cost-saving measures.
Germany grapples with fresh economic blow as Intel pulls plug on new plant
The news could be a blessing in disguise for Germany’s liberal finance minister, Christian Lindner, who has spent months trying to plug a €12-billion hole in his federal budget. [ Intel prepares for surge in applications for lucrative exit packages at Irish operation ]
Intel factory delay hinders EU chip ambitions amid Germany’s economic uncertainty
Intel's delay in constructing its German semiconductor plant disrupts the European Union's chip production goals under the EU Chips Act.
3d
on MSN
Intel causes Germany’s coalition government to rupture after shelving plans for €30 billion plant
Germany's finance minister has urged his government to reallocate the €10 billion it had set aside for the Intel plant.
3d
Intel announces it will 'pause' plans for a manufacturing megafab in Germany due to ongoing money trouble
With plans to trim $10 billion from its budget, Intel is halting plans to build a cutting-edge foundry in the green fields of ...
Datacenter Dynamics
3d
Intel hits pause on chip fabs in Germany and Poland amid financial crisis
Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results ...
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 ...
Yahoo Finance
4d
Intel delays Germany, Poland chip factories for two years
Chip-making giant
Intel
on Monday said it was delaying its plans to build two mega chip-making factories in
Germany
and Poland as the company faces lower demand than anticipated. The announcement ...
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 ...
3d
Intel's Amazon chip deal lifts investor confidence in money-losing foundry unit
The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal. The move ...
3d
Intel fallout: squabble over subsidy money
The Magdeburg semiconductor plants will not be built for the time being. Discussions are now starting about what to do with ...
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