Microchip Technology said Thursday it is shelving a deal for $162 million in federal CHIPS Act subsidies to expand in Oregon ...

Intel on Thursday named two chip industry veterans to its board, as the struggling semiconductor firm looks for a new top ...

The plan included closing its wafer fabrication facility in Tempe, Fab 2, which will impact approximately 500 employees.

Microchip is highly leveraged after making several acquisitions a decade ago. As of September 2024, Microchip held $0.3 billion of cash versus $6.4 billion of debt. The company believes it has ...

Intel Corp.'s much-needed addition of two executives with semiconductor expertise to its board comes as the chip maker's stock is on track for its worst year ever, after the ouster earlier this week ...

A settlement involving Cardinal Health is stirring up controversy between AG Kris Mayes and Gov. Katie Hobbs alongside the Legislature. Dennis Welch reports.

Intel has welcomed Eric Meurice and Steve Sanghi to the board of directors. Takeaway Points Intel welcomes Eric Meurice and ...

Until a new management team shows it can balance Intel’s short- and long-term priorities, investors should avoid the stock.

Microchip Technology is closing its Tempe, AZ chip factory by Q2 2026 to save $90M annually, affecting 500 workers.

Intel has appointed Eric Meurice, former CEO of ASML, and Steve Sanghi, chairman and interim CEO of Microchip Technology, to ...

Move follows departure of CEO Pat Gelsinger earlier this week Company is attempting to stage biggest comeback in its history Intel Corp., the embattled chipmaker seeking a new chief executive officer, ...