Intel Corp. Chief Executive Pat Gelsinger put it bluntly as he announced a $10 billion cost-cutting program that will decrease capital expenditures and bring a 15% headcount reduction. “Simply put, we ...
Sixteen miles north of Albuquerque, in Rio Rancho, New Mexico, an Intel chip plant sits on more than 200 acres of land. The site was established in the 1980s, part of it built on top of a sod farm. In ...
Working at scales simultaneously vast and incomprehensibly nanoscopic, a team of thousands of designers, contractors, and craft workers delivered Intel’s 2.9-million-sq-ft chip fabrication facility in ...
Intel is planning to relocate part of its assembly, packaging, and testing capacity to Vietnam as part of a global strategic adjustment aimed at optimizing its manufacturing layout and boosting ...
Rollercoaster Tycoon wasn’t the most fashionable computer game out there in 1999. But if you took a look beneath the pixels—the rickety rides, the crowds of hungry, thirsty, barfing people (and the ...
Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...
President Trump said he met with Intel CEO Lip-Bu Tan on Monday, days after seeking his resignation, praising Tan and calling the meeting “a very interesting one.” Shares of the chipmaker rose 3% in ...
Kara Greenberg is a senior news editor for Investopedia, where she does work writing, editing, and assigning daily markets and investing news. Prior to joining Investopedia, Kara was a researcher and ...
Intel announced that it will shut down its chip assembly and test plant in Costa Rica, part of a broader global restructuring aimed at improving operational efficiency. “Following a comprehensive ...
Today, Intel's Jani Nikula, a Linux Software engineer at the company, responded to Linux boss Linus Torvalds to oblige and rectify the issues that had been pointed out. In his funny response, Nikula ...
Chip maker Intel said Thursday that it plans to lay off 15,000 people, a troubling sign for the Biden administration’s multibillion-dollar plan to rebuild the U.S. chip manufacturing industry. The ...
Pat Gelsinger stepped down after nearly four years at the helm of the onetime highflying company, Intel said Monday. By Don Clark Tripp Mickle and Steve Lohr Don Clark and Tripp Mickle reported from ...