Intel might need to pause its $32 billion Magdeburg project and sell ...

Intel's missed AI opportunity might prompt it to pump the brakes on its $32 billion Magdeburg project and sell Altera to keep the lights on.

Intel CEO to pitch board on plans to shed assets, cut costs ... - Reuters

The pitch may include plans to pause or altogether halt its $32 billion factory in Germany, a project that has reportedly been delayed, the ...

Intel's missed AI opportunity might prompt it to pump the brakes on ...

Intel's missed AI opportunity might prompt it to pump the brakes on its $32 billion Magdeburg project and sell Altera to keep the lights on. Story by Kevin ...

Intel CEO will reportedly present plans to cut assets at an ...

Construction on Intel's upcoming Magdeburg chip fab is expected to be paused or canceled, leaving the $32 billion project unfinished.

Intel mulls selling Altera and freezing $32 billion German fab project

Owing to delays in subsidy approvals, Intel is believed to be postponing the construction of its Fab 29.1 and 29.2 in Magdeburg, Germany. Crisis ...

[News] Intel Reportedly Mulls to Sell FPGA Unit Altera and Freeze ...

Options may include selling off its FPGA unit Altera and putting a halt to its USD 32 billion investment project in Germany, according to the reports by ...

Intel postpones construction of German chip factory for two years

"It was an investment estimated at around €30 billion ($33 billion) ... "We will pause our projects in Poland and Germany by approximately ...

Intel Weighs Altera Sale, Halts $32 Billion German Fab Project

Intel may sell Altera and halt its $32B German ... its $32 billion fab project in Germany has sent shockwaves through the tech industry.

Intel announces it will 'pause' plans for a manufacturing megafab in ...

That said, restarting construction of a multi-billion euro project—the Magdeburg fab was set to cost €17 billion—will require Intel to be in a ...

Intel hits pause on chip fabs in Germany and Poland amid financial ...

Pat Gelsinger, Intel CEO. In August, Intel revealed it lost $1.6 billion in Q2 2024, and announced it would be making 15,000 layoffs across ...

Intel halts European chip factory plans amid cost-cutting measures

There had been suggestions Intel could have sold its foundry unit, which reported a $7 billion operating loss last year. Instead, Intel is ...

Intel CEO will reportedly present plans to cut assets at an ... - Reddit

... may put $32B Magdeburg plant on hold and sell off Altera. Rumor · r ... Well Intel didn't have a plan for Altera or its tech so yeah, they ...

Intel's missed AI opportunity might prompt it to pump the brakes on ...

... its $32 billion Magdeburg project and sell Altera to keep the lights on. Story by Kevin Okemwa. • 3w. Intel logo © Daniel Rubino. What you need to know.

Intel To Spin Off Foundry Unit As Independent Subsidiary - Silicon UK

Gelsinger then confirmed the bad news for Europe, saying that Intel will pause its pause its chip factory projects in Poland and Magdeburg ...

Germany in crisis: VW and Intel consider pulling billions from economy

Reuters reports that Intel will consider pausing or halting plans for its €30 billion ($33 billion) factory in the east German city of ...

Intel Explores Business Split Or Sale Amid Woes ... - CRN on LinkedIn

Gelsinger also said the company would pause its chip fabrication projects ... Magdeburg, Germany ... $32 billion factory project in Germany2. Focus on ...

What could happen to Intel Ohio plant with possible changes ... - NBC4

Intel's foray into Ohio could be short-lived, with reports the tech giant is considering what to do with its computer chip manufacturing arm ...

Intel: The chipmaker too big to fail? - Capacity Media

“Intel has its foundry and data centre AI business which may require ... The company was planning to build a $32 billion manufacturer site in ...

Intel's CHIPS Act fund delayed by officials — Washington reportedly ...

... its Magdeburg, Germany chip fab and selling off its stake in Altera. Massive cash inflation from any source would likely give Intel much-needed ...

What could happen to Intel Ohio plant with possible changes to ...

Reuters' source, similarly, said Gelsinger could pitch halting the company's construction of a $32 billion semiconductor fabrication plant in ...