Intel has confirmed it will shelve plans to construct a mammoth €30 billion chip factory in Germany, sending its struggling government into a panic over the billions of euros it has committed to the ...

Germany’s economy has watched some of its largest companies vote with their feet and dollars since its manufacturing industry entered recession more than two years ago. Now, Volkswagen and Intel are ...

In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid ...

Intel's EUR10 billion (approx. US$10.5 billion) semiconductor plant in Magdeburg, Germany, has hit a major roadblock as the country faces a critical budget tug-of-war between funding cutting-edge ...

Chipmaker Intel has put the construction of its €30 billion factory in the southwest of Magdeburg, Germany on hold and postponed the start of construction by two years. This was announced by company ...

Intel (NASDAQ:INTC) announced a series of moves aimed at shoring up its finances and its technological prowess on Monday, including a deal with Amazon (NASDAQ:AMZN) to manufacture a custom artificial ...

Construction at Intel’s €30 billion ($32.4bn) chip fab in Magdeburg, Germany, has been delayed until 2025 due to issues with land suitability. According to a Google-translated report from German news ...

Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results. CEO Pat Gelsinger told staff yesterday that both projects were being put ...

Intel has delayed two mega chip-making factories in Germany and Poland - Copyright AFP I-Hwa CHENG Intel has delayed two mega chip-making factories in Germany and ...

Intel is postponing a project in the eastern German city of Magdeburg, along with another one in Poland, by around two years due to lower expected demand - Copyright ...

DARMSTADT, Germany--(BUSINESS WIRE)--Merck KGaA, Darmstadt, Germany, a leading science and technology company, and Intel Corporation, one of the world’s largest semiconductor designers and ...