What could happen to Intel Ohio plant with possible changes to parent division ...Middle East

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View August drone footage from Intel's Ohio One construction site in the video player above. NEW ALBANY, Ohio (WCMH) -- Intel's foray into Ohio could be short-lived, with reports the tech giant is considering what to do with its computer chip manufacturing arm as part of cost-cutting. Intel CEO Pat Gelsinger is considering additional steps for damage control to present to the publicly-traded company's board in a mid-September meeting, Reuters reported. Intel previously announced it would lay off 15% of its global workforce, as well as suspend its stock dividends program, after reporting quarterly losses of $1.6 billion in a July earnings presentation. Investors' reaction came in th

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Last updated : 04 September 2024 clock 12:56 PM

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What could happen to Intel Ohio plant with possible changes to parent division ...Middle East

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