Billion-euro project stopped
Intel has officially announced the end of its planned chip factory in Magdeburg. The US company is thus burying one of the most ambitious industrial projects in Germany in recent years. Originally around 3,000 new jobs were to be created in Saxony-Anhalt, but the semiconductor giant is pulling the
Job cuts
Intel once dominated the semiconductor industry – now the company is overshadowed by Nvidia’s AI chips. The new boss wants to cut back.
Media reports
Intel could possibly be split up. As the Wall Street Journal reports, citing insiders, both the Taiwanese contract manufacturer TSMC and the US group Broadcom are showing interest in various business areas of the ailing chip giant.
Surprising resignation
Intel once dominated the semiconductor market, but has been struggling with problems for years. Now – since the beginning of the month – the CEO is no longer on board.
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