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Intel committed to German site despite delay
Germany's Scholz says Intel committed to German site despite delay
ASTANA (Reuters) -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 saying that it is delaying construction by two years as part of its cost-cutting plans.
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.
Malaysia Sun
9h
US tech giant suspends huge Germany factory project
US tech giant Intel is halting construction of two chip manufacturing plants in Germany as it struggles to counter shrinking ...
3d
on MSN
Intel unveils foundry update, Amazon deal for AI chips; pauses Germany, Poland plants
Intel (INTC) shares jumped more than 10% in extended trading on Monday after the semiconductor giant announced a deal with ...
2d
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.
2d
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 ...
dw
2d
US Intel's factory delay adds to Germany's economic woes
US chipmaker
Intel
has announced it is postponing a $30 billion investment in
Germany
due to financial problems at the firm. But is the German government still committed to the investments? The ...
Datacenter Dynamics
2d
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 ...
Network World
10h
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
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 ...
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