Intel CEO Pat Gelsinger is Taking a 25% Salary Cut as the Chipmaker Slashes Costs Intel CEO Pat Gelsinger is taking a 25 percent cut to his $1.1 million base salary. In 2021, he earned nearly $170 million in stock awards. By Sissi Cao
Despite Billions in Federal Subsidies, Chipmakers Are Laying Off Thousands of Workers Micron, a major manufacturer of personal computer chips, is laying off nearly 5,000 workers and canceling 2023 bonuses. By Sissi Cao
Taiwan Chip Giant TSMC Is Tripling its US Investments Amid Growing US-China Tension Taiwan Semiconductor Manufacturing Company (TSMC) said it will triple its investment in the U.S. to $40 billion to manufacture advanced computer chips in Arizona. By Sissi Cao
Intel CEO Pat Gelsinger Says Chip Making Will Shift From Asia to the West Amid Rising Tensions By Sissi Cao
Led by Schumer and Hochul, New York State Is Becoming a US Semiconductor Hub By Alexandra Tremayne-Pengelly
Micron Will Invest $100 Billion in a New Computer Chip Factory in New York State By Alexandra Tremayne-Pengelly
China Imposes Trade Sanctions on Taiwan Over Pelosi Visit—But Leaves Out One Critical Item By Sissi Cao