Intel's turnaround story is compelling, but can its foundry business become profitable?
COLUMBUS, Ohio (WCMH) — Intel told Ohio’s Department of Development that it invested around $1.4 billion in Ohio in 2025 and is not planning another delay for its New Albany project as of February.
Intel said it spent more than $1.5 billion last year at its computer chip plant east of Columbus. The I-Team’s getting a new perspective on the largest private sector investment in Ohio’s history.
Just four months into his tenure, new Intel CEO Lip-Bu Tan has introduced a decisive shift in strategy. During the company's second-quarter 2025 earnings call, Tan suggested a potential pause in the ...
Intel beat analyst estimates, with the PC business staging a recovery. The balance sheet is improving, which supports continued foundry investments. Supply constraints are hurting growth, but new ...
Intel (NASDAQ: INTC) faced a setback in its foundry comeback story a few days ago when reports emerged that AI giant Nvidia (NASDAQ:NVDA) was halting tests on Intel’s most advanced manufacturing ...
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