Intel

Layoffs are looming at Intel as the semiconductor giant looks to shave half a billion dollars from its operating expenses.

Major chipmaker Intel announced Monday that CEO Pat Gelsinger has retired after spending four years at the helm.

Major chipmaker Intel will get more than $1.8 billion in federal funding to upgrade parts of its campus in Hillsboro, the U.S. Department of Commerce announced Tuesday.

In the waning days of the 2024 presidential election, even the bipartisan bill that's pouring $54 billion into the semiconductor manufacturing industry has become a political issue.

Major chipmaker Intel told Oregon officials Tuesday it was permanently cutting 1,300 employees in Hillsboro.

A weeklong overnight camp for Oregon high school students marries mariachi music with STEM — science, math, technology and engineering — workshops. The program bets music will encourage young people, especially Latinx youth, toward in-demand high tech jobs.

The massive job cuts at Nike and Intel could be due to changes specific to those companies, not because of a downturn in semiconductors or footwear.

Oregon is one of the four states getting a share of $100 billion in planned spending by the tech giant.

Higher education institutions and chip manufacturing companies will need to closely collaborate to meet the workforce needs of Oregon’s burgeoning semiconductor industry.

Oregon’s governor and U.S. senators joined Intel’s CEO and other senior leaders in Hillsboro to mark the grand opening of a $3 billion expansion of the D1X factory where Intel develops its most advanced microprocessors.