![Intel says its factories are money losers but promises a big turnaround; stock slides anyway](jpg/skl4ymlrcfe2ppjuamwkpzw5fi2d36.jpg)
Silicon Forest
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.”
Portland-based Jama Software sells for $1.2 billion
Jama helped lead a brief renaissance in Portland technology. But most of its employees now work in other parts of the world.
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.
Oregon Legislature approves $10 million for semiconductor education at Oregon universities
Advocates initially hoped for $30 million.
Oregon passes expansive right-to-repair law, defying tech industry concerns
Advocates say the bill will give people the right to repair their gadgets. Opponents say it will trigger a lawsuit.
Electronics manufacturer Jabil will lay off 120 in Vancouver
The site is closing in May, according to the company's notice to officials in Washington.
Oregon startup Agility Robotics names former Microsoft exec Peggy Johnson CEO
The Corvallis company plans to open a factory in Salem this year.
Intel lands Microsoft as big manufacturing client
It's the first time Intel has named a major customer for its contract manufacturing business.
GlobalFoundries lands $1.5 billion from CHIPS Act for factories in New York and Vermont; is Intel next?
Intel is counting on several billion dollars for factories in Oregon, Arizona and Ohio.