No longer 'a definitive date' for facility scheduled to be built from next year
at a site in Ohio because the US government was dragging its heels over approving the US CHIPS Act that authorizes subsidies for it and other chipmakers.
As it turned out, the company had merely postponed a ceremony intended to celebrate the start of the construction, but it did say the scope and pace of its expansion in Ohio would depend heavily on funding from the CHIPS Act being forthcoming. Meanwhile, The Times of Israel reports that Intel has laid off dozens of employees at its operation in the country, citing financial reasons. It said that other Intel Israel employees were offered retirement packages or unpaid leave, and that this may grow to include thousands of staff.from their jobs, all said to be part of a massive cost reduction exercise, with the company said to be aiming to save $3 billion annually from next year and by between $8 billion and $10 billion by 2025.
The updated oneAPI tools also add support for the chip giant's upcoming 4th Gen Xeon Scalable processors, Xeon Max Series and its Datacenter GPUs, including the Flex Series and the new Max Series. ®
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Ten business trends for 2023, and forecasts for 15 industriesWhat’s on the cards for businesses in 2023? From air travel to artificial intelligence, discover TheEIU’s global round-up
Read more »
SNP to hold special conference on independence in 2023Nicola Sturgeon says the party will gather to set out a 'clear pathway' on the constitution.
Read more »
Ukraine chooses Eurovision 2023 entry at contest staged live from an underground bomb shelterUkraine chooses Eurovision 2023 entry at contest staged live from an underground bomb shelter 🔴 Electronic music duo Tvorchi will represent Ukraine at next year's competition in Liverpool
Read more »
Raducanu set to name new coach for 2023 season to replace TursunovEmma Raducanu is set to announce Sebastian Sachs as her new coach. The former German tennis player will be the British tennis star’s fifth coach since her debut at Wimbledon in 2021 and the t…
Read more »
Porsche unveils driver line-ups for 2023 WEC and IMSA campaignsPorsche has unveiled the driver line-ups for its assaults on the World Endurance Championship and the IMSA SportsCar Championship next year with its new 963 LMDh prototype.
Read more »
Porsche unveils driver line-ups for 2023 WEC and IMSA campaignsPorsche has unveiled the driver line-ups for its assaults on the World Endurance Championship and the IMSA SportsCar Championship next year with its new 963 LMDh prototype.
Read more »