Intel North America August 15, 2024 Intel sells stake in Arm as part of restructuring plan Intel sold its 1.18 million share stake in UK-based chip design company Arm as part of a $10 billion cost savings and restructuring plan, Bloomberg reported, citing a regulatory filing. By Mike Robuck
Big Tech Intel August 2, 2024 Intel to cut 15,000 jobs in cost saving drive Intel outlined plans to reduce its headcount by more than 15 per cent with the majority of cuts expected by the end of the year, a move which forms part of a multi-billion dollar cost saving plan designed to aid efforts to refocus the business. By Chris Donkin
Intel Middle East and North Africa June 11, 2024 Intel pauses plan to build $25B Israeli factory Intel reportedly suspended plans to establish a $25 billion chipmaking facility in Israel, a decision the company claimed was due to changing project timelines and market dynamics. By Hana Anandira
Intel May 14, 2024 Intel, Apollo talk $11B investment in Republic of Ireland Intel reportedly reached advanced discussions with a US-based investment company for $11 billion in funding for a chip manufacturing plant in the Republic of Ireland. By Mike Robuck
Asia Pacific Intel May 7, 2024 Intel to invest millions in chipmaking automation with Japan partners Intel pulled together a group of 14 Japanese companies to automate chip packaging, with the aim of having a working prototype by 2028, Nikkei Asia reported. By Joseph Waring
China Mobile Greater China Intel Regulation April 15, 2024 China orders operators to remove US chips from networks Chinese officials reportedly told operators to remove foreign chips from their networks by 2027, in an apparent blow to both Intel and Advanced Micro Devices (AMD). By Mike Robuck
Intel North America April 10, 2024 Intel targets Nvidia with AI chip Intel unveiled its latest chip aimed at challenging Nvidia’s dominant market position for semiconductors which train and deploy large AI models. By Mike Robuck
