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Intel to 'further slow' pace of construction on Ohio factories

Intel will "further slow" the pace of construction at its future Ohio microchip factories, the company announced Thursday in ...

What does Intel mean by ‘slowing construction’?

Intel told our partners at Columbus Business First that ‘slowing construction’ really does mean slowing and says they have ...

Truck driver stays steady amid setbacks at Intel's Ohio chip site

Intel’s decision to slow the pace of construction is not expected to change its timeline to open, which is set for 2030 or ...
WOSU Public Media1d

DeWine says Intel has affirmed its commitment to Ohio as company slows work in New Albany

State and local officials are reacting to Intel's announcement that the company was slowing construction on its $28 billion ...

Intel to 'slow the pace of construction' of Ohio projects, company says

COLUMBUS, Ohio (WSYX) — Intel is cutting projects and slowing construction in Ohio as the company slashes chip factory ...

Intel announces it will be 'further slowing construction' in Ohio

In a news release sent out by CEO Lip-Bu Tan on July 24, he said Intel will be “further slowing construction in Ohio.” ...
WCMH Columbus on MSN1d

Inside Intel’s announcement to further slow construction in New Albany

Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better ...
Hoodline1d

Intel Decelerates Ohio Project Construction, CEO Cites Alignment With Market Demand Amid Financial Adjustments

Intel has announced a slowdown in the construction of its Ohio projects to align spending with market demands.

Intel drops 8% as chipmaker's foundry business axes projects, struggles to find customers

Intel’s stock dropped 9% after the chipmaker said it would slash foundry costs in its latest attempt to turnaround its ...

Intel cuts back spending, workforce as struggling chip maker mounts comeback

Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the ...

'No more blank checks': Intel looks committed to Arizona, even as it retreats elsewhere

Despite layoffs, Intel appears to remain committed to its ongoing site expansion in Arizona as it retreats from other planned ...

Intel’s CEO just revealed why more layoffs are coming. His memo shows the grim impact of course correction

The sum beat Wall Street forecasts, according to consensus estimates cited by CNBC, but it wasn’t enough to offset news about ...