How Intel fell from dominant chipmaker to struggling also-ran
Onetime part of the dotcom’s ‘four horsemen’, chipmaker is now trailing rivals and betting the house on foundry plan
Pat Gelsinger
Intel’s Irish staff await news on how global job cuts will affect Leixlip operation
Chipmaker plans to cut 16,500 posts globally but impact on 4,900 employees in Ireland not yet clear
Intel to cut close to 17,000 and suspend dividend
Chip giant undershoots profit and sales forecasts for second quarter and disappoints in outlook
Intel boss calls share rout ‘overstated’ after worst decline since 2020
Shares in chipmaker, which employs more than 6,000 in the State, fell as much as 13%
‘You learn a lot when you’re in a space where you have very challenging roles’
Ann Kelleher was appointed an executive vice-president of Intel in 2021, the first time an Irish person had held such a senior role
Intel CEO needs to land a big customer, and the clock is ticking
The chipmaker boss is on a mission to revitalise the company
Leixlip leapfrogs back to top of chip chain
Opening of Fab 34 means Irish facility is first in Europe to begin high volume production of new chip technology
New advanced chip facility in Leixlip will put Ireland at centre of AI revolution, says Intel chief
Pat Gelsinger dubs Ireland ‘silicon isle’, with new Fab 34 plant set to double the company’s chip manufacturing capacity here
Intel chief executive to visit Leixlip plant
Gelsinger trip not expected to signal wider announcement with company saying chipmaker’s boss is a regular visitor to Ireland
Intel downbeat as Ukraine war and China lockdowns threaten PC sales
News sends chipmaker’s shares sharply lower
Is Intel’s €12bn project injection just a glass half full?
Investment in existing Irish development as chip giant charts ambitious European expansion
Intel commits to further €12bn spend in Ireland
Move comes as Germany confirmed as location for two new semiconductor factories
Intel takes delivery of chipmaking tool for new Irish project
Construction on Fab 34 began in 2019 with the facility due to start production in 2023
Intel says no final decision yet on future European investments
Reports suggest the Republic has lost out to Germany, Italy and France on €80bn spend
Intel appoints Dr Ann Kelleher as executive vice president
Appointment of Macroom native is first time an Irish person has held the role
Chips up for Intel as European states compete to woo the tech giant
US company’s next mega-investment seems unlikely to be Ireland-bound
Republic faces competition from Germany and Italy for Intel investment
Germany emerges as frontrunner to land even bigger megafactory planned by US company
Intel shares drop 4% as sales fall short of estimates
Chipmaker forecasts fourth quarter revenues above expectations
US lawmakers nearing potential breakthrough on debt ceiling
Stop-gap measure considered to extend limit to December
State in running for new multibillion Intel investment
Tech giant planning to invest up to $80bn in Europe over next decade
Intel chief says more consolidation needed in chip industry
US manufacturer also expects supply chain crunch to come to a head this summer
Intel seeks €8bn in subsidies for European chip plant
Chip manufacturer eyes Germany and Benelux states for potential semi-conductor factory
Intel reports drop in data centre revenue amid battle for market share
Chipmaker’s gross profit margin has slipped to 55.2%
How Intel ended up investing billions in Ireland
Investment is about to top $22bn but State very nearly did not get a penny from US chipmaker
Intel’s Irish expansion, Microsoft’s Irish profits and banks’ cash for fossil fuels
Business Today: the best news, analysis and comment from The Irish Times business desk
Equities dip and oil slides as global risk rally stalls
Dublin market falls 1.6% in week’s final session
Stocktake: Intel investors bet on new chief executive
Investors hopeful Pat Gelsinger can ‘pull a Steve Jobs’ and revive tech firm
European stocks nudge higher on Carrefour and Telefónica deals
Travel companies among the fallers amid fears of prolonged Covid-19 restrictions
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