In a note sent to employees and later published, Intel CEO Pat Gelsinger announced the decision: "We will pause our projects ...

Intel keeps the purse strings tight. This is now also affecting the planned factories in Magdeburg and Wroclaw.

US chipmaker Intel has said it will pause its plans for new chip factories in Germany and Poland for two years, citing ...

Intel is pausing construction of the Magdeburg chip plant and a packaging facility in Poland for about two years.

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 ...

Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results ...

US chip-maker Intel has announced plans to postpone the construction of a factory in Germany for at least two years.

The announcement of a pause to Intel’s multibillion-dollar project in Magdeburg, Germany, is a major blow to the government ...

US chipmaker Intel is delaying the construction of a factory in the eastern German city of Magdeburg, the company announced Monday. The postponement comes amid a struggle within German Chancellor ...

On Friday, Poland's Deputy Prime Minister Krzysztof Gawkowski revealed the European Commission has backed a $1.9 billion (7.4 ...

Intel's tough economic times have forced the chip maker to place the development of two mega fab factories in Poland and ...

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 better financial position than it is right now.