Intel cuts spending after receiving $7.9 billion in federal grants

Intel just slashed $2 billion from its 2025 capital spending and plans major layoffs—possibly over 20 percent of its 108,900 workforce—despite receiving over $7 billion from the Chips Act to boost U.S. chipmaking. Why does this matter for paper packaging? Fewer chip factories mean slower growth in high-tech equipment packaging—especially for sensitive semiconductor components that rely on anti-static corrugated materials. And with Intel doubling down on efficiency, expect more demand for cost-cutting, sustainable packaging solutions in their supply chain. The AI chip race just got leaner—and greener.https://www.washingtonpost.com/technology/2025/04/24/intel-cuts-manufacturing-trump/

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