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After Folsom layoffs, Intel reports $16.6 billion loss. CEO says most job cuts are done
Weeks after announcing plans to cut hundreds of jobs across California, including 272 in Folsom and 47 in San Jose, Intel leaders signaled Thursday that the reductions are largely over.
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Intel to sell Folsom campus and lease back only space it needs, company says
Intel Corp. is selling its Folsom campus, the company said Sunday. The semiconductor company will lease back only the space it needs at the site along Prairie City Road as part of a cost-effective ...
Rancho Cordova-based Solidigm introduces liquid-cooled memory for AI data centers
The Rancho Cordova-based company debuted the product at the Nvidia GTC 2025 developers' conference in San Jose.
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Intel Laying Off Over 500 In California, Says More To Come
In the third letter, dated January 13, Intel unveiled plans to lay off an additional set of workers, approximately 167 people, in Folsom, Calif., and said it anticipates further layoffs at that ...
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New Intel Layoffs Impact GPU And Cloud Software Staff Among Wide Range Of Roles
89 in Folsom and 51 in San Jose. Back in July, California’s labor office received a separate WARN notice for an additional 78 Intel employees who were laid off in Santa Clara. Intel had 131,900 ...
El Dorado Hills tech company goes public, boosts Sacramento’s semiconductor corridor
The so-called “corridor” of semiconductor companies now stretches from Rancho Cordova, which Solidigm selected for its global headquarters in 2023, to Folsom, where Intel and Samsung each have a ...