Intel Corporation (INTC) to Sell Folsom Campus as Part of Cost-Cutting Amid Struggles to Regain Chip Leadership
We recently compiled a list of the 14 AI Stocks on Wall Street’s Radar. In this article, we are going to take a look at where ...
Intel plans to sell Folsom campus a week after laying off hundreds more employees
A week after laying off several hundred more employees in the Sacramento region, global technologies company Intel announced ...
Intel plans sale and leaseback of its 150-acre Folsom, California campus — releasing capital but maintaining operations and staff
When companies experience financial difficulties, they might often sell off property to make some cash. In many cases, the companies lease the property back so as not to move their facilities, so not ...
Intel to Sell Folsom Campus and Reevaluate Hillsboro Site
Intel is making changes to its real estate strategy as part of broader efforts to cut costs and adapt to shifting market ...
Intel to sell Folsom campus and lease back only space it needs, company says
Intel’s CEO said it would deliver $10 billion in cost savings by 2025. Plans to sell the Folsom site come after 272 employees ...
Intel's $8.5B CHIPS Act award faces cut, report says
Planned reduction reflects a $3 billion CHIPS Act award for military work but also "takes into account Intel’s technology ...
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Intel To Reduce Property Holdings Just As It Finalizes $8B CHIPS Act Grant To Build Factories
Intel is finalizing a deal for an $8B grant to build more factories even as it pares back its real estate holdings.
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Intel's Rocky Recover Still Has Legs, Here's How to Trade the Semi Name
This decision could significantly impact Intel's ambitious plans to expand manufacturing capabilities within the United ...
Intel Expects US to Shave Chip-Making Grant, Sources Say
This spring U.S. President Joe Biden's administration said it was awarding Intel nearly $20 billion in grants and loans, ...
After layoffs, Intel planning to sell campuses amid cost-cutting drive; read company’s announcement
Intel, facing financial headwinds and declining revenue, is implementing cost-cutting measures including potential ...
Commerce Department to reduce Intel's funding on semiconductors
The Biden administration plans on reducing part of Intel’s $8.5 billion in federal funding for computer chip plants around ...
Tech company Intel to sell Sacramento-area campus, lease back space
Silicon Valley-based technology company Intel plans to sell its Sacramento-area campus in a cost-cutting effort, the company confirmed to KCRA 3. A company spokesperson said Intel plans to list its ...