Latest Tech News

Stay updated with the latest in technology, AI, cybersecurity, and more

Filtered by: foundry Clear Filter

‘Utopian’ city California Forever announces huge tech manufacturing park

In Brief California Forever announced on Thursday plans to build a massive manufacturing park called Solano Foundry, the newest addition to its master-planned “utopian” city backed by a group of Silicon Valley billionaires. Solano Foundry is 2,100 acres that can host 40 million square feet of advanced tech manufacturing space. The manufacturing park will be built as part of its planned walkable city with over 175,000 homes, CEO Jan Sramek said at the Reindustrialize conference in Detroit. Sra

Intel to lay off up to 20% of Intel Foundry workers

In Brief Intel will begin a new round of layoffs next month. The semiconductor giant plans to lay off 15% to 20% of workers in its Intel Foundry division starting in July, according to an internal memo originally reported on by The Oregonian. Intel Foundry designs, manufactures, and packages semiconductors for external clients. It’s unclear how many workers this will directly impact. Intel’s total workforce was 108,900 people as of December 2024, according to the company’s annual regulatory f