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Trump demands resignation of Intel boss Lip-Bu Tan

New CEO Lip-Bu Tan has only just set a course for the way out of the crisis at the ailing chip company Intel. But now there is new unrest: the US president wants him to leave immediately.
Billion-euro project stopped

Intel officially cancels construction of chip factory in Magdeburg, Germany

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
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Job cuts

New Intel boss speaks of “painful decisions”

Intel once dominated the semiconductor industry – now the company is overshadowed by Nvidia’s AI chips. The new boss wants to cut back.
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Media reports

Intel split? TSMC and Broadcom examine takeover

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 boss Pat Gelsinger leaves the Group

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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17.11.2026
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