| Thread Tools |
6th February 2024, 07:01 | #1 |
[M] Reviewer Join Date: May 2010 Location: Romania
Posts: 148,738
| Intel's Ohio chipmaking plans slow Look Out Cleveland Intel's £14 billion chip project in Ohio is slowing as the US government drags its feet on giving Chipzilla public cash to prop up its capitalist model and make it a fortune. The tech giant had hoped to start making chips next year, but now they say they won't finish building the factories until late 2026. The news sent Intel's shares tumbling by 1.5 per cent in after-hours trading. "We are still keen to finish the project, and we are working hard. We have done a lot in the last year," an Intel mouthpiece said, making excuses for the delays. Intel had already admitted that its sales for the first quarter would be lower than expected last month. That's because customers are ditching its old-fashioned server and PC chips for AI data servers, which are ruled by its rivals Nvidia and AMD. https://fudzilla.com/news/58386-inte...ing-plans-slow |
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
Intel Details PowerVia Chipmaking Tech | Stefan Mileschin | WebNews | 0 | 6th June 2023 12:05 |
Intel is giving Ohio a chinese burn | Stefan Mileschin | WebNews | 0 | 5th July 2022 06:46 |
Intel delays plant start in Ohio | Stefan Mileschin | WebNews | 0 | 27th June 2022 06:41 |
Ohio promised Intel $2 billion in tax breaks | Stefan Mileschin | WebNews | 0 | 1st February 2022 07:11 |
Intel’s new Ohio plant could be the world’s biggest | Stefan Mileschin | WebNews | 0 | 25th January 2022 07:14 |
Intel investing $20 billion in Ohio chip plant | Stefan Mileschin | WebNews | 0 | 24th January 2022 06:11 |
Intel is spending $20 billion to build a massive chip-making facility in Ohio | Stefan Mileschin | WebNews | 0 | 21st January 2022 08:27 |
Fix for Intel's massive CPU security flaw might slow down your PC | Stefan Mileschin | WebNews | 0 | 5th January 2018 05:26 |
TSMC suffers from Intel baseband slow down | Stefan Mileschin | WebNews | 0 | 27th August 2016 09:31 |
USB 3.0 adoption will be slow - No Intel backing yet | jmke | WebNews | 1 | 23rd October 2009 04:19 |
Thread Tools | |
| |