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Gov. Mike DeWine and the JobsOhio president responded to Intel's delayed Ohio plant, citing the chip industry's global challenges.
NEW ALBANY, Ohio (WCMH) — Intel is further slowing its construction in Ohio, the company announced Thursday during its Q2 financial reports. Intel’s Q2 results were slightly better than… ...
NEW ALBANY, Ohio (WCMH) — Intel’s announcement it’s “slowing construction” came as a surprise to many. NBC4 is digging into what the company means by “slowing construction.”… ...
In a way, Intel just reported its best quarter in years. But given the harsh realities the chip maker faces, that’s no longer enough. Strong PC shipments by manufacturers looking to get ahead of ...
State and local officials are responding to the news that Intel is slowing construction at the two chip fabricating plants it's building in New Albany. In a statement Friday, Gov. Mike DeWine said, ...
Intel Corporation's latest Q2 earnings have embedded several bombshell updates to its turnaround strategy. Click here to find out why INTC stock is a Hold.
Intel stock fell Friday after the company disclosed the extent of its job cuts and CEO Lip-Bu Tan suggested in regulatory filings Thursday that the company might exit the advanced manufacturing ...
Intel Announces Mass Job Cuts, Sounds Alarm for Ohio Published Jul 25, 2025 at 6:09 AM EDT Updated Jul 25, 2025 at 12:45 PM EDT By Hugh Cameron ...
Intel is going to end the year with a workforce that is over a fifth smaller than last year, it said on Thursday, and new CEO Lip Bu Tan presented a blueprint for a more cost-disciplined ...
Intel CEO Lip-Bu Tan said to cut costs, the company will lay off 15% of employees, kill planned projects overseas and slow construction on its Ohio facility in New Albany.
Intel will cut around 21,000 jobs by the end of 2025 and suspend wafer fab construction projects in Europe, as part of a sweeping cost-reduction and restructuring effort, according to and .
Intel Corp. is shedding thousands of workers and cutting expenses as its new CEO works to revive the fortunes of the struggling chipmaker that helped launch Silicon Valley but has fallen behind ...