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Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the ...
Governor Mike DeWine's office released this statement to ABC 6 on Wednesday morning: "When Intel announced the New Albany ...
Intel announced the pending layoffs in April and notified factory workers last week that the cuts would begin next month.
Intel definitely made headlines with its layoffs. In 2024, Intel was a leader in tech layoffs, cutting around 15,000 jobs. It ...
An Intel employee raised concerns about the upcoming US election's impact on CHIPS Act funding. Intel invested billions in US factories but hasn't received CHIPS Act grants yet. Nvidia is ...
Will CHIPS Act cash still materialize for Intel? Intel was one of several companies ... he's not worried about how the latest delay will impact this research and training locally.
Intel will begin laying off 15–20% of its Intel Foundry workforce in July 2025, amounting to over 10,000 job losses globally.
President Donald Trump during his address to Congress on Tuesday said lawmakers should "get rid" of the 2022 CHIPS Act that paved the way for the $28 billion Intel project in New Albany.
The CHIPS and Science Act ... investments — since the CHIPS Act was introduced," according to the association's October report. The biggest deals include Intel Corp.'s tentative receipt of ...
Read More: Is Intel in trouble? How struggling chipmaker's financial issues may impact Ohio factories Along ... federal funding from the bipartisan CHIPS Act signed into law by former President ...