🚨 Intel halts its €30B chip factory in Magdeburg! Despite a €10B pledge from the German government, Intel's cost-cutting measures delay the project by two years, amid heavy losses and global restructuring. #Intel#ChipIndustry#Germanywww.n-tv.de/wirtschaft/Inte...
Zehn Milliarden Euro wollte allein die Bundesregierung beisteuern, um den Chiphersteller Intel nach Ostdeutschland zu locken. Dennoch macht das Unternehmen nun einen Rückzieher. Aus dem ersehnten Leuchtturmprojekt für Magdeburg wird vorerst nichts.
🚨 Intel halts its €30B chip factory in Magdeburg! Despite a €10B pledge from the German government, Intel's cost-cutting measures delay the project by two years, amid heavy losses and global restructuring. #Intel#ChipIndustry#Germanywww.n-tv.de/wirtschaft/Inte...
Zehn Milliarden Euro wollte allein die Bundesregierung beisteuern, um den Chiphersteller Intel nach Ostdeutschland zu locken. Dennoch macht das Unternehmen nun einen Rückzieher. Aus dem ersehnten Leuchtturmprojekt für Magdeburg wird vorerst nichts.
Intel and the US government are set to finalize a whopping $8.5B in direct funding by year-end! This support comes as Intel strives to stabilize its struggling business in a competitive chip market. Will this be the turnaround they need? 🏭 #Intel#ChipIndustry#TechNews#GovernmentSupport
Major moves in the tech world! Executives from TSMC and Samsung have visited the UAE to explore building chip factories, potentially funded by the UAE. Abu Dhabi's Mubadala is set to play a central role. #TechNews#Semiconductors#UAE#Innovation#ChipIndustry
🚨 Intel scraps plans to use its 20A process for Arrow Lake consumer chips! Instead, it's turning to external nodes, likely from TSMC. What does this shift mean for the future of Intel’s innovation? 🖥️💡 #Intel#ArrowLake#TSMC#TechNews#Semiconductors#ChipIndustry
The US is set to introduce a new rule next month aimed at halting chipmaking equipment exports from certain countries to China, while exempting allies such as the Netherlands. #TechPolicy#ChipIndustry#USChinaRelations
An analysis of Japan's pivotal role in the global chip battle reveals that Japanese companies account for nearly half of the world's six crucial semiconductor materials, according to Omdia. #Semiconductors#Japan#ChipIndustry#Omdiawww.wsj.com/tech/japan-c...
South Korea unveiled a 26 trillion won ($19 billion) chip assistance package on Thursday to keep up with ‘all-out battle’ in the global semiconductor market The presidential office reports that, as part of the bundle, President Yoon Suk Yeol announced a… #Business#ChipIndustry#SouthKorea
South Korea unveiled a 26 trillion won ($19 billion) chip assistance package on Thursday to keep up with ‘all-out battle’ in the global semiconductor market The presidential office reports that, as part of the bundle, President Yoon Suk Yeol announced a…
China issues a directive to its telecom giants, led by China Mobile, mandating the removal of foreign chips from their equipment by 2027. A significant setback for Intel and AMD, signaling a seismic shift in the global chip landscape. #China#ChipIndustry#Intel#AMD
China's escalating spending threatens to overshadow India's chip ambitions, with TrendForce forecasting China's share of global mature-node production to surge from 31% in 2023 to 39% in 2027. #Semiconductor#ChipIndustry#China#India#Geopolitics
