Intel to invest $20bn into new chip manufacturing site in Ohio

The semiconductor giant is seeking external funding to help pay for new fabs as part of CEO Pat Gelsinger’s comeback plan

AWS, Intel and Kaseya are all involved in a triple-whammy of layoffs this week

As the semiconductor giant’s AI chip sales pipeline grows to more than $2 billion, Intel experiences double-digit growth in its PC business and struggles with competition in the data center market in the fourth quarter while it starts executing on its ‘AI everywhere’ strategy.