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.
Semiconductor
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.
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.
