Intel

The Biden-Harris administration on Sunday said it plans to cut its grant to Intel, dealing a blow to the Democrats’ industrial policy vision.

Despite heavy investments in artificial intelligence infrastructure, Amazon, Microsoft, and Google failed to meet Wall Street’s expectations for translating AI spending into significant sales growth.

Intel, the world’s largest chipmaker, has unveiled a sweeping $10 billion cost savings plan that includes cutting over 15,000 jobs, representing approximately 15 percent of its global workforce. Meanwhile, the administration is set to hand over $8.5 billion as part of the CHIPS act designed to create high tech jobs.

During an interview with PBS’s “Firing Line” that took place on May 1 and was released on Friday, Washington Post columnist and CNN host Fareed Zakaria stated that the way we’re subsidizing chip companies to manufacture in the U.S. isn’t effective because

The Pentagon’s surprise decision to withdraw $2.5 billion in funding for Intel’s semiconductor manufacturing plans has created a significant shortfall in the company’s expected incentives under the CHIPS Act.

U.S. chipmaker Intel on Saturday announced the launch of its Greater Bay Area Innovation Center in the Chinese tech hub of Shenzhen.

Microsoft seems to be preparing for the next iteration of the Windows operating system, which will have a strong focus on AI, according to the Verge. While the next version, Windows 12, has not been announced yet, Intel is reportedly planning for the next generation CPUs that will support the new operating system.

Chip giant Intel is reportedly planning to scrap thousands of jobs, likely in an attempt to cut fixed costs and deal with a slowdown in the computer market, Bloomberg reports.

Intel is searching for cost-saving alternatives following a rough second quarter. The chip giant’s CEO Pat Gelsinger told investors last week that he has exited six businesses since taking over as CEO in 2021, and that the company has recently exited its drone business. 

The U.S. government should help make high-tech careers attractive and exciting for young Americans, not just import foreign experts, says Pat Gelsinger, the new CEO of Intel Corp., which was once the world’s leading designer and builder of computer chips.

Intel has delayed the groundbreaking ceremony for its new Ohio plant referred to by the company’s CEO as the start of a “Silicon Heartland” due to worries over a proposed law designed to support U.S. semiconductor production.

Senate Commerce Subcommittee on Consumer Protection Chairman Richard Blumenthal (D-CT) voted for legislation that gave Intel billions in subsidies shortly after his family purchased over $250,000 worth of the company’s stock. 

Intel announced it intends to create a “leading-edge semiconductor fab mega-site in Germany” to move supply chains back to the West.

President Joe Biden is loudly promising a new era of high-tech jobs for Americans in the heartland states, but he is quietly backing legislation and regulations that would allow CEOs to fill those jobs with foreign workers.

President Joe Biden spent a significant amount of time during Tuesday’s State of the Union address discussing the ongoing Russian military assault on Ukraine, mentioning Russian strongman Vladimir Putin 12 times and urging struggling Americans to “draw inspiration from the iron will of the Ukrainian people.”

Computer chip maker Intel will reportedly be investing $20 billion to develop a new chip manufacturing site in New Albany, Ohio. Intel CEO Pat Gelsinger told TIME in an interview that the chipmaker expects the location to become “the largest silicon manufacturing location on the planet,” adding that the plant could expand to 2,000 acres. Gelsinger said that the new site could become the “Silicon Heartland.”

Rep. Mike Waltz (R-FL) blasted American corporate sponsorship of the upcoming 2022 Beijing “Genocide” Olympics, accusing supporting companies of hypocritically preaching social justice while “cower[ing] to authoritarians.”

China’s state-run Global Times on Friday denounced the U.S. Uyghur Forced Labor Prevention Act as an act of “blasphemy against real democracy, human rights, and free trade.”

American computer chip maker Intel issued an apology in Chinese text on Thursday for a previous statement in which it urged its Chinese suppliers to not source products from Xinjiang, a region where human rights experts say nearly every manufactured product is guaranteed to have been made by slaves.

Intel, the world’s leading producer of microchips, has told employees they will be forced into unpaid leave if they are not fully vaccinated by the company’s deadline of January 4, or fail to provide a religious or medical exemption.

Chinese state outlets and government-censored social media users unleashed a “tsunami of anger” against the American computer chip maker Intel on Wednesday in response to news that the company sent a letter to Chinese suppliers warning it not to source products from Xinjiang.

Chip manufacturer Intel has had some setbacks in recent years but has now unveiled a plan to revitalize U.S. chip manufacturing. Along with major upgrades to existing manufacturing facilities, the chip giant plans a major new facility in Arizona. In the near future, the company will announce the location of a $100 billion manufacturing complex.

The CEO of Open Doors USA, a human rights organization that focuses on lending aid to persecuted Christians around the world, urged corporate sponsors of the 2022 Beijing Winter Olympics to reconsider their ties to the event.

Corporate America weighed in on the jury finding former Minneapolis police officer Derek Chauvin guilty of murdering George Floyd.

The high demand for microchips spurred by the coronavirus is affecting the manufacturing supply chain, including automobile production.

Intel CEO Pat Gelsinger is calling for the United States to spend billions of dollars over the next few years on a “moonshot” project aimed at boosting America’s role in chipmaking.

Silicon Valley giant Intel has announced that it will be releasing an AI program named Bleep that is capable of censoring “offensive” and racist speech from gaming audio. Intel claims that the AI tool will allow users to detect and remove toxic speech from their voice chat.”

Microsoft has teamed up with a number of tech and media companies to create a system of tracing content around the internet that could destroy online privacy and anonymity, radically transforming the nature of the web.

Investors lost $40 billion last week when Intel Corp. admitted a technical flaw has delayed a new generation of computer chips.

Computer processor giant Intel pledged $1 million to support “social justice” and “anti-racism” via “various nonprofits and community organizations,” announced company CEO Bob Swan in a statement declaring, “Black lives matter. Period.”

Wealthy American corporations are using their money to signal they support the protests taking place across the country in the wake of a black man’s death at the hands of police in Minneapolis on Memorial Day.

The Trump administration and semiconductor manufacturers including Intel are looking to jump-start the development of new chip factories in the U.S., according to a recent report in the Wall Street Journal.

China’s Communist Party uses “corporate America [and] Wall Street” as proxies in its war against America, said retired Air Force Brig. Gen. Robert Spalding

A Korean immigrant is suing Intel Corp. for allowing its imported Indian managers to favor the hiring and promotion of fellow visa-workers from India.

A report in Huffington Post recently revealed the case of Wikipedia editor Ed Sussman, who was paid by media clients such as NBC and Axios to help diminish critical material. Paid editors operating in a similar manner to Sussman have worked on behalf of CNN contributor Hilary Rosen and the CEOs of Reddit and Intel, among other clients.

The House Intelligence Committee voted to declassify transcripts of interviews with more than 50 witnesses from the Russia investigation.