New CEO Lip-Bu Tan has only just set a course for the way out of the crisis at the ailing chip company Intel. But now there is new unrest: the US president wants him to leave immediately.

Intel has officially announced the end of its planned chip factory in Magdeburg. The US company is thus burying one of the most ambitious industrial projects in Germany in recent years. Originally around 3,000 new jobs were to be created in Saxony-Anhalt, but the semiconductor giant is pulling the ripcord in the face of weak…

Intel once dominated the semiconductor industry - now the company is overshadowed by Nvidia's AI chips. The new boss wants to cut back.

Intel could possibly be split up. As the Wall Street Journal reports, citing insiders, both the Taiwanese contract manufacturer TSMC and the US group Broadcom are showing interest in various business areas of the ailing chip giant.

Intel once dominated the semiconductor market, but has been struggling with problems for years. Now - since the beginning of the month - the CEO is no longer on board.

Qualcomm has shown interest in acquiring parts of Intel's design business to expand its own product offering, according to Reuters. The smartphone chipmaker has been looking at various Intel divisions as the company plans to shed units and sell assets due to financial constraints.

This year's IFA technology show is also a computer trade fair. In the competition for the AI laptop of the future, mobile chip specialist Qualcomm has now countered a move by chip pioneer Intel.

Intel wants to regain lost ground in the PC market with a new generation of chips. The processor system, called Core Ultra 200V, is more powerful and efficient than chips from rivals Qualcomm and AMD, the company emphasized at the IFA technology trade fair in Berlin.