Intel Stock News

Pat Gelsinger spoke with Time on his plans to move the semiconductor supply chain to the US with a new $20 billion mega-site outside Columbus, Ohio.

China is not yet a major producer of the worlds most-advanced chips. But Beijing is pumping vast amounts of government funding into developing the sector.

The president said passage of a China competition bill was needed for the sake of our economic competitiveness and our national security.

Intel said it will spend at least $20 billion to build two computer chip factories in Ohio that it expects will become the largest silicon manufacturing location on the planet. Plans for the two plants, which are expected to employ 3,000 people and occupy a 1,000-acre site, come as US tech firms scramble to slash

Intel (INTC) is planning to beef up its chip production with plans for new facilities in Ohio and its stock is rising as a result.

Intel this week highlighted plans to build two chip manufacturing facilities outside of Columbus, Ohio. The announcement is still early stages, involving the eventual allotment of $20 billion to construct the factories designed to tackle the ongoing global chip shortage or at least address potential future issues. The company sketched a rough timeline for []

Intel has announced plans to bring a semiconductor chip factory to Ohio, winning praise from President Joe Bidens administration as welcome assistance in bringing production home.

Intel CEO Patrick Gelsinger said Friday that a $20B project to build a manufacturing facility in Ohio will contribute to a Silicon Heartland to go with Silicon Valley.

NEW YORK , Jan. 21, 2022 /PRNewswire/ -- InvestorsObserver issues critical PriceWatch Alerts for INTC, TSLA, MSFT, FB, and AMD. Full story available on Benzinga.com

MSI’s Creator Z16 is a thin workstation powered by Intel’s Core i7-11800H. It’s got a well-built chassis remniscent of a MacBook Pro, but it’s got a few issues uncharacteristic of its high asking price.

Intel INTC unveiled plans Friday to invest $20 billion into two chipmaking plants in Ohio that it hopes have have up-and-running within three years.

Stock futures trade mixed amid the worst week for tech since October of 2020; Netflix shares plunge on weak subscriber growth forecasts; Peloton hits back at "false" production pause report; Intel unveils plans to invest $20 billion in two chipmaking plants in Ohio and Microsoft says it will keep the Call of Duty game on PlayStation after its $69 billion Activision takeover.

Chip manufacturer Intel will reportedly spend at least $20 billion on a new chip manufacturing site in Ohio. The 1,000-acre location will play host to two chip factories, and is set to directly employ at least 3,000 people.