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Chipmaker says board acted to conserve cash after a deterioration in macroeconomic conditions
Tech group has avoided company-wide job culls but needs to trim $3bn this year
Tech company’s shares fall after earnings show impact of collapse in PC sales and other factors
Bonus for taking helm at struggling US chipmaker was far more than company initially calculated
US giant announces investment in German plant as part of wider plan to put EU at forefront of advanced technologies
Once dominant chipmaker is being eclipsed by rivals such as Nvidia, Qualcomm and AMD
Semiconductor maker talks of ‘ecosystem-wide project’ as it lobbies for support from bloc
Europe’s share of world chip production has collapsed but building new plants is only part of the solution
Chipmaker enjoyed boost from PC sales but margins under pressure
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