Intel Corp. shares are flying high after the firm secured a string of high-profile backers, but the cash infusions have done little to fix the company’s biggest problem - its money-losing chip-making ...
Intel shares climbed nearly 9% Wednesday after the chipmaker said it will spend $14.2 billion to buy back a 49% interest in a factory in Ireland. Investment firm Apollo Group bought a minority stake ...
Intel received over $7 billion in federal funding and hundreds of millions in state incentives for the project. Sen. Bernie Moreno and President Donald Trump call for Intel's CEO to resign over ties ...
Multiple leaders working on Intel's Ohio One project have recently left the company. The departures come as construction has slowed and the project faces significant delays. Among those who have left ...
On April 7, Intel announced it would join the Terafab project as the foundry partner, alongside SpaceX, Tesla, and xAI. Musk ...
Intel has agreed to repurchase the 49% stake in its Ireland-based microchip factory it sold to Apollo Global Management for $14.2 billion. That’s a 27% premium to the $11.2 billion Apollo paid for the ...