Intel Foundry

Pat Gelsinger's Intel woes continue.

Intel is working with investment banks over strategic options regarding its manufacturing operations.

Intel expects to save $100 million by doing this in the 2H24 and another $300 million in 1H25.

Intel announces major cost-cutting plan to resize and refocus as it loses $1.6 billion on $12.8 billion revenue in Q2 2024.

Naga Chandrasekaran joins Intel as head of Intel Foundry's worldwide manufacturing operations.

TSMC set to become Asia's first trillion dollar company, thanks to AI frenzy.

Complete approval of Intel's Magdeburg fab is still pending, construction set to start in 2025.

EDA tools from Cadence, Siemens, and Synopsys now support Intel's EMIB interconnection technology.

Class action attorneys call Intel investors to sue the company over not properly disclosing losses generated by the manufacturing division.

Intel is trucking a 916,000-pound cold box from the Ohio River to its new fab near Columbus. This load is one of the largest of Intel's approximately 20 super loads making their way across the state.