Intel has confirmed it will shelve plans to construct a mammoth €30 billion chip factory in Germany, sending its struggling government into a panic over the billions of euros it has committed to the ...

Intel has cancelled plans for a so-called megafab in Germany and a packaging plant in Poland. It also plans to shift assembly and test facilities in Costa Rica to its larger Malaysian and Vietnamese ...

In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid ...

Intel's EUR10 billion (approx. US$10.5 billion) semiconductor plant in Magdeburg, Germany, has hit a major roadblock as the country faces a critical budget tug-of-war between funding cutting-edge ...

Chipmaker Intel has put the construction of its €30 billion factory in the southwest of Magdeburg, Germany on hold and postponed the start of construction by two years. This was announced by company ...

Intel is delaying the development of two mega chip plants in Germany and Poland by two years due to financial constraints. Company CEO Pat Gelsinger also indicated that the launch of the chip ...

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 will ...

Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results. CEO Pat Gelsinger told staff yesterday that both projects were being put ...

DARMSTADT, Germany--(BUSINESS WIRE)--Merck KGaA, Darmstadt, Germany, a leading science and technology company, and Intel Corporation, one of the world’s largest semiconductor designers and ...