Intel inks AI chip deal with AWS, pauses plans in Poland and Germany

Intel has announced a key customer win and changes to its foundry business as the beleaguered chipmaker looks to mount a turnaround. In a blog post, Intel CEO Patrick Gelsinger said the company would pause its chip fabrication projects in Poland and Germany by two years “based on anticipated market demand,” and consider pulling back on its chip packaging and testing factory in Malaysia. Intel previously pledged to spend over $36.72 billion to build semiconductor factories in Magdeburg, Germany, $4.6 billion on a chip plant near the Polish city of...