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Intel’s Shares Plunge 20% as A.I. Hinders Some Parts of Its Business

29 October 2026 at 21:17
The chipmaker, whose largest investor is the U.S. government, reported that the A.I. boom’s domino effect had hurt sales to personal computer makers.

© Loren Elliott for The New York Times

A silicon wafer at Intel’s campus in Ocotillo, Ariz. The company reported revenue of $16.5 billion in its third quarter.

U.S. Government Takes a Cut of Chip Business in Japan-Funded Deal

23 October 2026 at 16:59
President Trump’s novel deal-making is on display in upstate New York, where the administration is funneling Japanese funds into a government-owned chip factory.

© Cindy Schultz for The New York Times

A GlobalFoundries factory in Malta, N.Y.
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