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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 ...
Gov. Mike DeWine says Intel is still committed to Ohio even as it announced it will "further slow" the pace of construction ...
The company delayed the dates by which both Ohio fab plants will be operational to at least 2031, and announced in April it ...
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 ...
“All we can do is move forward — move forward with improvements we had planned, work with new prospects and cross our fingers ...
Intel was originally supposed to start production on the plants this year. The facilities are expected to bring 3,000 jobs to ...
Intel shares are trading lower Friday morning. The stock is being hit by a combination of recent, disappointing corporate ...
Intel Corp. is again slowing the speed of construction of two $28-billion semiconductor fabrication plants in central Ohio.
"We are making hard but necessary decisions to streamline the organization," writes the tech giant's CEO in a memo to ...
Intel said this week it plans to slow down construction of its $28 billion mega-site in Ohio. It's not the first time.
Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.
Intel Corp. announced on Friday plans to invest more than $20 billion to build the world's largest chip-manufacturing site in Ohio as part of is effort to reduce supply-chain problems and boost ...
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