Intel threatens shutdown if no buyers emerge for new manufacturing tech Troubled Chipzilla has once again waved the warning ...

Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the company receiving more than $2 billion in federal funding under former ...

The US government is likely to delay handing over the $8.5 billion of CHIPS Act funding to Intel, due to the company’s ongoing financial woes. According to a report from Bloomberg, the ...

The U.S. Department of Commerce has awarded Intel up to $7.86 billion in direct funding through the U.S. CHIPS and Science Act to advance Intel’s commercial semiconductor manufacturing and ...

He said the chipmaker -- which won a $6 billion Chips Act award -- had increased by $100 billion its initial pledge to invest $65 billion in U.S. manufacturing.

Intel announced it will need to get external customers for its manufacturing division, or it may need to stop all work in ...

Discover how the U.S. CHIPS Act is fueling semiconductor AI startups. Learn about federal funding, new chip facilities, and ...

In addition to calling for the CHIPS Act to remain intact, the Business Council is also asking for Congress to “extend and expand” the federal tax breaks included in the CHIPS bill, which ...

Intel's restructuring aims to restore profitability with cost cuts, divestitures, and a core business focus. Click here to ...

Intel says that it is selling more of its older Raptor Lake PC processors than Lunar Lake chips, as the company wrestles with a potential recession and questions over its CHIPS Act funding.

The money comes from the 2022 CHIPS Act, which President Joe Biden signed into law after it passed Congress with bipartisan support. Biden visited Wolfspeed's Durham headquarters in 2023.