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Intel announced it will need to get external customers for its manufacturing division, or it may need to stop all work in Ohio. Last week, Intel announced it is further slowing construction at its $28 ...
Intel could "pause" or "discontinue" construction at its Ohio One facility in Licking County, the company said in its 10-Q ...
Intel was originally supposed to start production on the plants this year. The facilities are expected to bring 3,000 jobs to ...
Intel CEO Lip-Bu Tan is executing a sweeping overhaul of the company's manufacturing strategy, slashing jobs, delaying key projects like the Ohio chip plant, and prompting the retirement of three ...
The Silicon Valley tech giant, which has a new leader, has lagged behind its rivals during the AI boom and is slashing costs.
The company delayed the dates by which both Ohio fab plants will be operational to at least 2031, and announced in April it ...
“All we can do is move forward — move forward with improvements we had planned, work with new prospects and cross our fingers ...
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Gov. Mike DeWine says Intel is still committed to Ohio even as it announced it will "further slow" the pace of construction ...
Intel Corp. is again slowing the speed of construction of two $28-billion semiconductor fabrication plants in central Ohio.
In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.” ...
Intel said this week it plans to slow down construction of its $28 billion mega-site in Ohio. It's not the first time.