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Intel’s Ohio facility to be spun off into new company
The $20 billion computer chip manufacturing facility that Intel is constructing in New Albany, Ohio, will be spun off into a new company as part of a restructuring to restore investor faith and save the company’s sinking stock prices.
Intel's Beaten-Down Stock Is Getting a Reprieve Today
Key Takeaways Shares of Intel recently traded at their highest levels this month.Investors responded positively to Monday night's turnaround update from Intel CEO Pat Gelsinger.Some Wall Street analysts,
Intel Plans Changes for Leaner, More Profitable Company
Intel CEO Pat Gelsinger provided updates to employees on September 16, 2024, following the announcement of Q2 earnings, previously announced layoffs, and subsequent speculation. The company’s Board of Directors recently held a meeting to discuss strategy,
Intel to produce semiconductor chips for Amazon Web Services at New Albany plant
The partnership, which the companies describe as a multi-year, multi-billion-dollar co-investment, comes as Intel continues to build out its $28 billion chip manufacturing complex in New Albany.
2d
on MSN
AI, military chips to be made at future Intel plant in central Ohio
Intel announced a new partnership with Amazon to make AI chips, and a $3 billion investment from the federal government to ...
11d
Drone video shows New Albany Intel plant construction progress 2 years after beginning
Drone footage in New Albany, Ohio shows the progress Intel has made on its Ohio One plant, two years after the groundbreaking ...
NewsNation
14d
Could Intel cost-cutting halt Ohio plant?
View August drone footage from Intel’s Ohio One construction site in the video player above. NEW ALBANY, Ohio (WCMH) — ...
Business Facilities
2d
Intel, AWS Collaboration Advances U.S.-Based Chip Manufacturing
Intel will produce custom chips for AWS; multi-year, multi-billion-dollar partnership accelerates development of Ohio chip ...
11d
Intel's financial woes take luster off New Albany project, but Ohio leaders remain bullish
Two years after the New Albany project broke ground, some of the luster has worn off Intel's massive semiconductor fab in Licking County.
13d
Is Ohio in danger of losing the mammoth microchip plant under construction near Columbus? Today in Ohio
Editor Chris Quinn hosts our daily half-hour news podcast, with editorial board member Lisa Garvin, impact editor Leila ...
The Next Platform
2d
The Irony Of AWS Being Intel’s Latest Savior
Intel needs a whole lot of big wins for both its chip design and selling business and its increasingly arm’s length foundry ...
WCMH Columbus on MSN
2d
Did you win? Lottery ticket worth $340,000 sold in Columbus
An Ohio Lottery ticket worth $340,000 was sold at a Columbus Giant Eagle and the winner has yet to claim the prize.
3d
Michigan eyeing major semiconductor development for Genesee Co. site
Three sources in and around government described the project as involving thousands of jobs and tens of billions of dollars ...
Business Wire
3d
Intel and AWS Expand Strategic Collaboration, Helping Advance U.S.-Based Chip Manufacturing
Intel Corp. (INTC) and Amazon Web Services. Inc. (AWS), an Amazon.com company (NASDAQ: AMZN), today announced a co-investment in custom chip designs u ...
9d
'No longer the eyesore,' Buffalo plant plans more upgrades
We’re no longer the eyesore that we used to be if you drive down Main Street,” said Materion Corp.'s Justin Patton.
3d
on MSN
Intel strikes multibillion-dollar deal with Amazon, boosting New Albany project
Intel on Monday reaffirmed its commitment to its Licking County project and said it has struck a multibillion-dollar ...
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