Germany's finance minister has urged his government to reallocate the €10 billion it had set aside for the Intel plant.

ASTANA (Reuters) -German Chancellor Olaf Scholz said on Tuesday that Intel is committed to its plan to build plants in ...

The U.S. chipmaker’s move to delay the project in Magdeburg by about two years is a blow to the EU’s goal of producing ...

With plans to trim $10 billion from its budget, Intel is halting plans to build a cutting-edge foundry in the green fields of ...

Chancellor Olaf Scholz voiced disappointment Tuesday after US semiconductor giant Intel delayed plans to build a mega ...

The news could be a blessing in disguise for Germany’s liberal finance minister, Christian Lindner, who has spent months ...

A new budget dispute emerged within Germany's ruling coalition on Monday, with the finance ministry saying funds no longer ...

Intel CEO Pat Gelsinger announced on Monday that the US-based semiconductor giant is halting the construction of its chip ...

US chipmaker Intel has delayed a construction project by two years amid cost-saving measures. German Finance Minister ...

Intel has paused plans for new chip factories in Germany and Poland following its disastrous second quarter financial results ...

Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.

The chipmaker will build custom AI chips for Amazon Web Services (AWS) as part of the multibillion-dollar deal. The move ...