Struggling chip giant Intel is reportedly preparing to slash up to 20% of its global workforce next month — despite the ...

The latest update is out from Intel (INTC).Intel Ireland, a subsidiary of Intel Corporation, has struck a deal to sell a 49% stake in its high-tech JV Company, associated with the state-of-the-art ...

Up to 2,000 staff at Intel Corp's Irish operation have been offered three months' unpaid leave as part of cost-cutting measures, the Business Post reported on Thursday.

Intel did a similar deal in August 2022 with Brookfield Asset Management to fund its $32 billion expansion in Arizona. Intel calls the transactions the Semiconductor Co-Investment Program, or SCIP.

Leo Varadkar, Irish Taoiseach, commented, “The opening of Fab 34 marks yet another historic day for Intel and for the team in Ireland. Since arriving here in 1989, Intel has been an anchor of our ...

Based in Leixlip, Ireland, Fab 34 is Intel’s high-volume manufacturing facility designed for wafers using the Intel 4 and Intel 3 process technologies. Under the agreement, ...

Intel has the right to buy the chips and will own and operate Fab 34. It is a complex piece of financial engineering and includes penalty payments if Intel does not complete the project.

Intel Foundry also achieved full tape-out of an Intel 16-based design for an external customer, with plans for volume ...

Intel Corp. is seeking to raise at least $2 billion in equity to help fund a semiconductor fabrication facility in Ireland, according to people with knowledge of the matter.

Buyout firm Apollo Global Management will acquire a 49% equity interest in a joint venture related to Intel's new manufacturing facility in Ireland for $11 billion, the companies said on Tuesday.

Intel Corp's (NASDAQ: INTC) Irish operation doled out three months' unpaid leave to up to 2,000 staff as part of cost-cutting measures. Intel offered the workers at its manufacturing division ...