Tag: factory

Last Friday, Intel released its Q2 financial results, reporting another $3 billion loss (though in reality, the situation isn’t as dire as the figure suggests). Alongside these results, Intel announced various measures its new CEO is taking to rescue the company from its current crisis—or at least improve its finances somewhat. The implications are far-reaching. Beyond drastic layoffs, it also means the death of European investments. Read more “Intel kills EU fabs, chip manufacturing exit after 1.4nm node?” »