Turnaround latest. Intel Foundry to become independent subsidiary, while chip factory construction in Germany and Poland will be paused
News foundry
Intel Sued By Shareholders After Dividend Suspension, Stock Price Crash
Shareholders alleged being blindsided after Intel's weak Q2 results, job losses, dividend suspension, triggered share price plunge
Intel Foundry Assembles Next Gen Chip Machine From ASML
Key milestone sees Intel Foundry assemble ASML's new “High NA EUV” lithography tool, to begin 14A production
Intel Shares Slide After Foundry Business Posts $7 Billion Loss
Intel's share price falls 8.2 percent after its contract chip-making business posted an operating loss of $7 billion
Intel Signs Microsoft As Foundry Customer
Microsoft will use Intel’s chip contract manufacturing division to manufacture a custom computing chip, chip giant says
Intel Purchase Of Tower Semiconductor Terminated, China Blamed
Intel's proposed acquisition of Tower Semiconductor for $5.4bn terminated after China failed to approve the deal
Intel Restructures Manufacturing Business, Shares Slide
During investor update, Intel confirms manufacturing business will work like a separate unit as part of Pat Gelsinger's foundry plan
Intel To Optimise Factories For ARM Chip Manufacturing
Agreement will allow Intel Foundry Services to work with ARM to ensure mobile phone chips etc can be made in its chip fabs
Intel To Axe Thousands Of Jobs Amid PC Decline – Report
Chip giant is to begin a major headcount reduction this month, as Intel contends with falling PC sales, inflation, and supply chain
Samsung Starts 3-nanometre Chip Production
How small? Samsung says it is the first in the world to produce 3-nanometre chips, as it takes the fight to foundry giant TSMC
Intel Breaks Ground On $20bn Arizona Chip Plants
Intel breaks ground on two chip fabrication plants in Arizona as part of IDM 2.0 turnaround strategy to manufacture semiconductors for outside companies