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

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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