No quick fix for Intel’s woes as chief executive exits
Pat Gelsinger’s decision to step down was initially greeted enthusiastically, with shares rising only to subsequently slide lower
Pat Gelsinger’s decision to step down was initially greeted enthusiastically, with shares rising only to subsequently slide lower
Planet Business: Words of the year, Intel’s interim arrangement and the Death Clock app that claims to predict your likely date of death
Pat Gelsinger, who stepped down as CEO on Monday, was said to be against breaking up the chip giant
Semiconductor company appoints interim co-chiefs while it searches for a permanent replacement
Onetime part of the dotcom’s ‘four horsemen’, chipmaker is now trailing rivals and betting the house on foundry plan
Chipmaker plans to cut 16,500 posts globally but impact on 4,900 employees in Ireland not yet clear
Chip giant undershoots profit and sales forecasts for second quarter and disappoints in outlook
Shares in chipmaker, which employs more than 6,000 in the State, fell as much as 13%
Ann Kelleher was appointed an executive vice-president of Intel in 2021, the first time an Irish person had held such a senior role
The chipmaker boss is on a mission to revitalise the company
Opening of Fab 34 means Irish facility is first in Europe to begin high volume production of new chip technology
Pat Gelsinger dubs Ireland ‘silicon isle’, with new Fab 34 plant set to double the company’s chip manufacturing capacity here
Gelsinger trip not expected to signal wider announcement with company saying chipmaker’s boss is a regular visitor to Ireland
News sends chipmaker’s shares sharply lower
Investment in existing Irish development as chip giant charts ambitious European expansion
Move comes as Germany confirmed as location for two new semiconductor factories
Construction on Fab 34 began in 2019 with the facility due to start production in 2023
Reports suggest the Republic has lost out to Germany, Italy and France on €80bn spend
Appointment of Macroom native is first time an Irish person has held the role
US company’s next mega-investment seems unlikely to be Ireland-bound
Germany emerges as frontrunner to land even bigger megafactory planned by US company
Chipmaker forecasts fourth quarter revenues above expectations
Stop-gap measure considered to extend limit to December
Tech giant planning to invest up to $80bn in Europe over next decade
US manufacturer also expects supply chain crunch to come to a head this summer
Chip manufacturer eyes Germany and Benelux states for potential semi-conductor factory
Chipmaker’s gross profit margin has slipped to 55.2%
Investment is about to top $22bn but State very nearly did not get a penny from US chipmaker
Business Today: the best news, analysis and comment from The Irish Times business desk
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