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

The company also announced an expanded deal with Amazon, in which the two companies will co-invest in custom chip designs. Intel's foundry will also produce artificial intelligence (AI) fabric chips ...

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

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

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

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

And in the Wall Street Research Corner, today’s retail sales strength may be good news for small-cap stocks. RBC Capital ...

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

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

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 ...