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

With plans to trim $10 billion from its budget, Intel is halting plans to build a cutting-edge foundry in the green fields of ...

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

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

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

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

Europe’s grand plan for industrial rearmament and tech sovereignty is at risk of disintegration on multiple fronts. Critical ...

Pauses European fabs, scores secret US gig, teams up with Amazon, re-orgs its innards, and more! Intel will spin out its ...

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 ...