Intel in Oregon
Intel confirms ‘multibillion-dollar’ Oregon expansion plans
Intel is among the world’s largest technology manufacturers and one of the most advanced semiconductor companies. It’s also Oregon’s largest corporate employer, with 22,000 assigned to its campuses in Washington County. Founded in 1968 by Robert Noyce and Gordon Moore — the latter known for Moore’s Law, an observation that computer power would roughly double every two years — Intel opened its first Oregon factory in 1976. Intel ultimately chose Oregon to be its main research site, and though company headquarters remain in California, the chipmaker employs more in Washington County than anywhere else it operates.
Intel resources
Intel says its factories are money losers but promises a big turnaround; stock slides anyway
The company said this will be the worst year, financially, for its factories. Intel estimates breakeven is three years away.
Intel resumes employee air shuttle at Hillsboro Airport
The chipmaker stopped the popular flights a year ago amid a budget crunch.
What Intel’s $8.5 billion federal subsidy means for Oregon: Beat Check podcast
Also, how the Oregon Employment Department long-awaited computer upgrade hasn't resolved its unemployment insurance issues.
President Biden touts Intel’s $100 billion spending plan, aided by $8.5 billion in federal subsidies
Some of the money will help pay for a major factory expansion in Hillsboro.
Intel wins $8.5 billion in federal subsidies for chip factories, calls for more
"It took us three-plus decades to lose this industry. It’s not going to come back in three to five years.”
Former Intel CFO Stacy Smith is returning to the chipmaker as a member of its board
Once a candidate to be Intel's CEO, Smith retired from the company seven years ago.
Former Intel CEO Bob Swan joins Micron’s board
Bob Swan also sits on Nike's board.
Intel lands Microsoft as big manufacturing client
It's the first time Intel has named a major customer for its contract manufacturing business.
Oregon issues draft environmental permit for Intel’s big expansion; environmental groups want more transparency
Watchdogs cite a "lack of trust" regarding regulatory oversight.
Mobileye CEO Shashua expects more autonomous vehicles on the road in 2 years as tech moves ahead
Intel owns a majority stake in the Israeli company.
Intel delays Ohio factories by at least a year
The chipmaker issued a weak sales forecast last week.
Intel sales climb but stock falls 10% on data center weakness, tepid outlook
The company's sales and technology are improving but rivals are moving faster.
Oregon finalizes $136 million in funding for 3 semiconductor manufacturers
A dozen other companies are continuing to negotiate for their share of $240 million in state money.
Intel poaches Hewlett Packard executive to run data center group
Data centers are among Intel's biggest business segments but sales are down this year.
Wall Street’s 2023 rebound buoyed Oregon stocks, too, but not everyone rode the wave
Intel's comeback led the way among companies active in Oregon and Southwest Washington.