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Intel committed to German site despite delay
Intel causes Germany’s coalition government to rupture after shelving plans for €30 billion plant
Germany's finance minister has urged his government to reallocate the €10 billion it had set aside for the Intel plant.
Germany's Scholz says Intel committed to German site despite delay
ASTANA (Reuters) -German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in eastern Germany despite the U.S. chipmaker saying that it is delaying construction by two years as part of its cost-cutting plans.
Intel's German plant delay lands blow to EU's chip ambitions
The U.S. chipmaker’s move to delay the project in Magdeburg by about two years is a blow to the EU’s goal of producing one-fifth of the world’s semiconductors by 2030.
Germany grapples with fresh economic blow as Intel pulls plug on new plant
The news could be a blessing in disguise for Germany’s liberal finance minister, Christian Lindner, who has spent months trying to plug a €12-billion hole in his federal budget. [ Intel prepares for surge in applications for lucrative exit packages at Irish operation ]
Intel factory delay hinders EU chip ambitions amid Germany’s economic uncertainty
Intel's delay in constructing its German semiconductor plant disrupts the European Union's chip production goals under the EU Chips Act.
Germany's Scholz says Intel committed to German site despite delay
ASTANA, Sept 17 (Reuters) - German Chancellor Olaf Scholz said on Tuesday that
Intel
(INTC.O), opens new tab is committed to its plan to build plants in eastern
Germany
despite the U.S. chipmaker ...
Intel Delay Latest Blow For Stuttering German Economy
Struggling with high energy costs and softening demand for its exports, the last thing Germany needed was Intel announcing it is delaying plans to build a massive chip factory.
Germany's Scholz disappointed by delay to Intel chip plant
Chancellor Olaf Scholz voiced disappointment Tuesday after US semiconductor giant Intel delayed plans to build a mega chip-making plant in Germany which had been championed by Berlin.
German government shruggs off Intel's delayed factory plan
US chipmaker Intel has announced it is postponing a $30 billion investment in Germany due to financial problems at the firm. But is the German government still committed to the investments?
Germany's Habeck says Intel chip plant delay won't alter strategy
German Vice Chancellor Robert Habeck said that US tech giant Intel's decision to postpone plans to build a major chip factory in Germany won't change the government's strategy around building up semiconductor production in Europe.
Qualcomm Approached Intel About a Takeover
Qualcomm Asked Chip Rival Intel if It Would Consider a Sale
The chipmaker Qualcomm has approached its rival Intel in recent days about the possibility of acquiring the slumping Silicon Valley giant, two people familiar with the matter said Friday, requesting anonymity because the talks were confidential.
Qualcomm approached Intel about takeover bid in recent days
Chipmaker Qualcomm approached its struggling rival Intel about a potential takeover in recent days, according to two people familiar with the matter. A deal is far from certain and no formal offer has been made,
Qualcomm Pursues Possible Takeover Of Intel : Report
Qualcomm Inc. (QCOM) has recently approached Intel Corp. (INTC) regarding a possible takeover, the Wall Street Journal reported
22h
Intel Makes A Slew Of Announcements Supporting Its Turnaround Strategy
Intel's big announcements this week are positive indicators for its turnaround efforts and overall strategy, assuming it can ...
4d
Germany's coalition argues over Intel subsidies in new budget dispute
A new budget dispute emerged within Germany's ruling coalition on Monday, with the finance ministry saying funds no longer ...
5h
Intel's wild week leaves Wall Street more uncertain than ever about chipmaker's future
Intel still makes the majority of processors at the heart of PCs, laptops, and servers, but that’s not enough to appease investors.
Datacenter Dynamics
4d
Intel hits pause on chip fabs in Germany and Poland amid financial crisis
Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results ...
1d
Down More Than 50%, Can Intel Stock Rebound on New Foundry Plans?
The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs.
Politico Europe
2d
Germany’s rude economic awakening
BERLIN — Germany is finally emerging from the first stage of economic grief: denial.
4d
on MSN
US tech giant halts €30bn factory in latest blow to German economy
Intel has halted plans for a €30bn (£25bn) microchip facility in Germany in a major blow to Europe’s technology plans. The US ...
4d
on MSN
Intel Gains After Landing Amazon Deal, Preparing Factory Split
Intel Corp. shares surged for the second straight day after the troubled chipmaker made a raft of announcements, spurring ...
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