Meeting is expected to take place at the White House today

Company says the takeover will allow it to quadruple its manufacturing output

Company founded two years ago by long-time GPU architect Raja Koduri

Sale of the 6.2 million sq ft site was first reported this week

Response from Lip-Bu Tan follows Trump's unprecedented demands

Has held shares in the company since 2024

Arkansas Senator Tom Cotton wrote to Intel’s board to “express concern” about CEO’s reported “deep ties to the Chinese Communists”

Investment firm continues to be all in on AI

Despite segment loss, overall revenue still reached record-breaking high for the company

AMD will incorporate the FlexGen IP with its Infinity Fabric technology

The 6.2 million sq ft site sold for $375m

Company claims platform can reduce production cycles by 30 percent, and result in improved yield

Discussions regarding funding for big chip co. are still ongoing

Memory chips only segment of company’s Device Solutions business that saw growth in the quarter

Comments made on company’s Q1 2026 earnings call

Company is still evaluating locations in the state of Telangana

Funding round was led by Koch Disruptive Technologies (KDT)

Previous round from 2024 raised $640m at a $2.8bn valuation

Mullally served as UK government advisor before joining quantum firm in 2022

Deal is worth $950m, with $50m to be paid on completion of technical milestones

The $50 million project will be funded by private and public investment

Company posted a net loss of $2.9 billion on $12.9bn in flat quarterly revenue

Facility to sit on 11 acre land parcel in the region

Company recorded revenue of $16.1bn for the quarter