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Intel Suddenly Scraps Plans for New European Chip Factory

Intel has announced the cancellation of its planned semiconductor fabrication plant in the European Union, marking a significant shift in the tech giant’s investment strategy amid the region’s efforts to bolster its chip manufacturing capabilities. The decision comes as Europe aims to reduce reliance on external suppliers and enhance its position in the global semiconductor [...]

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Intel: End of Projects in Europe, Social Plan, New Chips

Intel is going through a bad phase. The new boss wants to put the giant back in order, yesterday, king of the CPUs, today the stakes are to regain growth and compete with the competitors. The founder announces a new wave of layoffs: more than 34,000 employees would be involved. After the announcements of 30 billion investments in Europe, Intel decides to stop everything. The shutdown of European projects is a hard blow for the Europe of the semi…

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