{"id":949947,"date":"2025-07-26T06:51:24","date_gmt":"2025-07-26T01:21:24","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=949947"},"modified":"2025-07-26T07:04:29","modified_gmt":"2025-07-26T01:34:29","slug":"intel-slumps-as-potential-foundry-exit-deepens-investor-gloom","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/07\/26\/intel-slumps-as-potential-foundry-exit-deepens-investor-gloom\/","title":{"rendered":"Intel slumps as potential foundry exit deepens investor gloom"},"content":{"rendered":"<p>Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, a potentially drastic move by the new CEO to cut spending and revive the struggling American icon. <\/p>\n<p>Lip-Bu Tan said on Thursday he would further shrink Intel&#8217;s workforce, halt work on two plants in Europe and slow another in Ohio, binning his ousted predecessor&#8217;s strategy that relied on building costly facilities to restore its manufacturing edge.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Intel shares sank 8% on Friday after the company warned of exiting chip manufacturing if it fails to secure a major customer, a potentially drastic move by the new CEO to cut spending and revive the struggling American icon. Lip-Bu Tan said on Thursday he would further shrink Intel&#8217;s workforce, halt work on two plants in Europe and slow another in Ohio, binning his ousted predecessor&#8217;s strategy that relied on building costly facilities to restore its manufacturing edge.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-949947","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/949947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=949947"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/949947\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=949947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=949947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=949947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}