The White House Bet Big on Intel. Will It Backfire?
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The White House Bet Big on Intel. Will It Backfire?

A plan to revive U.S. chip manufacturing rests partly on a company that is firing workers and delaying factories, even as the government pushes for the opposite.
Intel’s Chips Are on the Table
Posted inApollo Global Management Biden, Joseph R Jr Computer Chips Computers and the Internet Gelsinger, Patrick Intel Corporation internal-storyline-no Mergers, Acquisitions and Divestitures Qualcomm Inc

Intel’s Chips Are on the Table

Rivals and at least one big investor are circling the embattled semiconductor giant. The Biden administration is sure to keep an eye on any deal in such a strategically important sector.
Intel Will Cut More Than 15,000 Jobs
Posted inAdvanced Micro Devices Inc. Artificial Intelligence Company Reports Computer Chips Computers and the Internet Factories and Manufacturing Gelsinger, Patrick Intel Corporation Layoffs and Job Reductions NVIDIA Corporation Regulation and Deregulation of Industry Silicon Valley (Calif) Taiwan Semiconductor Manufacturing Company Ltd

Intel Will Cut More Than 15,000 Jobs

The Silicon Valley chip maker also reported a net loss and declining revenue in the latest quarter.