Intel nears roughly $6B deal to buy Tower Semiconductor
Intel Corp. is close to a deal to buy Israeli chip company Tower Semiconductor Ltd. for nearly $6 billion, according to people familiar with the matter, bolstering a plan to make more chips for other companies.
Intel earnings drop, revenue edges higher
Intel Corp.'s earnings fell last quarter as the company ramped up spending on new facilities and products, part of Chief Executive Officer Pat Gelsinger's efforts to revive the semiconductor giant's fortunes.
Ohio Gov. DeWine applauds Intel for largest-ever single investment in state history
The $20 billion investment is part of Intel's $100 billion investment pledge as the company seeks to reclaim its spot as the top chip manufacturer.
Intel to invest at least $20 billion in Ohio chip-making facility
Intel Corp. plans to invest at least $20 billion in new chip-making capacity in Ohio, bolstering the company’s semiconductor production ambitions.
Bitcoin mining startup GRIID inks major deal with Intel
Bitcoin mining startup GRIID has inked a deal with the world’s largest chipmaker, Intel, to mine Bitcoin using energy-efficient methods, FOX Business has learned.
Intel is latest US company to apologize to China while pushing social justice at home
Intel has apologized for discouraging suppliers from doing business with China's Xinjiang region, after a letter published on its website sparked backlash from a Chinese state-run publication and social media users.
Intel plans Mobileye IPO: What to know
Mobileye, which was founded in Jerusalem in 1999 by Ziv Aviram and Amnon Shashua, first went public in 2014 before being acquired by Intel for $15.3 billion in 2017.
Intel’s earnings dented by chip shortage
Intel Corp. disappointed investors even as it posted stronger third-quarter earnings and raised its full-year sales outlook, as global chip shortages eat into potential sales.
US preps semiconductor factory plans amid shortage: EXCLUSIVE
The Biden administration is moving forward with plans to potentially build several semiconductor plants in the U.S. to increase chip production amid a global shortage.
Intel CEO says chip shortage could last until 2023
One of the leading voices in the semiconductor industry sees the chip-supply problems stretching as far as 2023.
Senate proposes 25% tax credit for semiconductor manufacturing
A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.
Intel CEO reiterates warning that global chip shortage could last years
Intel Corp.’s CEO reiterated on Monday that the global shortage of semiconductors could take a few years to resolve.
Intel spending $10B on new chip plant
Intel said on Sunday it will invest another $600 million in Israel to expand its research and development (R&D) and confirmed it was spending $10 billion on a new chip plant.
Intel CEO: chip shortage not ending anytime soon
Intel's CEO delivers sobering news on the global chip shortage.