Latest Articles

blank

Intel appeals to US commerce secretary for assistance in financial crisis

Intel’s CEO Pat Gelsinger recently met with US Commerce Secretary Gina Raimondo, seeking government support as Intel grapples with its financial troubles. Gelsinger expressed concerns over major US tech companies favoring TSMC over Intel Foundry Services, calling for intervention to redirect business to Intel. In the meantime, Intel is considering asset sales and pausing major projects.

Showing 10 of 11 articles