Move comes as Intel appoints new GM to its Foundry Services unit

Move comes after US politicians were angered by Intel chips found in Huawei laptop

But CEO Pat Gelsinger says company is “right on track”

Updates financial reporting structure to increase transparency

List of approved technologies contains only Chinese-made solutions

President Biden will visit Intel’s Chandler, Arizona, campus to announce the deal

The state’s construction industry has reportedly been squeezed by an influx of investments

Site is not expected to be completed until 2026

The new node will be developed by Intel Foundry Services at its Arizona site

Majority of vendors analyzed by Gartner saw year-on-year revenue decline over last 12 months

Hotard to lead chip company’s Xeon and GPU efforts

Articul8 platform based on previous proof of concept project with Boston Consulting Group

The company has secured $3.2bn in funding from the Israeli government

Brings the total layoffs by Intel in the state to more than 1,700 this year

The facility will test new processing architectures

Big tech looks to keep the chip designer neutral

Company hopes that this is rock bottom

And company announces collaboration with Arm on SoC design

GPU leader Koduri’s generative AI startup wants access to large amounts of compute

Creator of Moore's Law and last of the “traitorous eight”

"We stumbled," Intel CEO admits, warning of more stumbling

As a global economic downturn puts pressure on chip sales

But promises that research will go on elsewhere

Randhir Thakur leaves amid wider company cuts