Morgan Stanley on Friday downgraded earnings estimates for computer chip equipment maker ASML, the latest brokerage to do so ...
Germany’s electric-vehicle market plunged last month, leading a broader decline in Europe that’s left carmakers calling on ...
The German electric vehicle (EV) market experienced a significant downturn in August, leading a broader decline across Europe ...
When thinking about industrial policy and how to restore Europe’s economic stance in the world, Europe should secure funding ...
EV deliveries in the region’s biggest car market, Germany, fell 69% during August, fueling a 36% drop across the region.
US tech giant Intel is halting construction of two chip manufacturing plants in Germany as it struggles to counter shrinking ...
The U.S. chipmaker’s move to delay the project in Magdeburg by about two years is a blow to the EU’s goal of producing ...
There would, however, be a separate board established later. There is, however, some unexpected fallout from Intel’s moves to cut costs, and perhaps the biggest among them is Germany. The German ...
The future of Intel's facilities in Germany and Poland is largely tied to acquiring financial backing from public entities in ...
According to Gelsinger, spinning off Intel Foundry as a fully independent subsidiary will enable it to evaluate independent ...
Intel's shares surged 8% after announcing plans to restructure its foundry business as an independent unit with a dedicated board and the potential to raise external capital. Intel will sell a portion ...
Bottom line, Roy rates Intel shares a Hold (i.e., Neutral), although he might have just as well said Buy given his $28 price target suggests the shares have a one-year upside of 30%. (To watch Roy’s ...