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Big Tech firms invest $235 mn in AI model repository Hugging Face Tech giants like Google, Amazon, Nvidia, Intel, IBM, Salesforce, Qualcomm and others have infused $235 million into Hugging Face, an open-source AI model repository similar to GitHub for programming. The latest Series D fundraising round brings Hugging Face’s valuation to $4.5 billion, reports CNBC. Investors in this round have invested significantly into various generative AI models of their own. The funds will be used “to grow the team currently at 170 and invest in mor...
Big Tech firms invest $235 mn in AI model repository Hugging Face
Big Tech firms invest $235 mn in AI model repository Hugging Face
Source: IANS
25/08/2023 11:08:40 AM
Intel plans to integrate AI across all platforms it builds During the Q2 2023 earnings call, Intel CEO Pat Gelsinger said that the company plans to "build AI into every product that we build". Intel will launch Meteor Lake later this year, its first consumer chip with a built-in neural processor for machine learning tasks, according to The Verge. At Microsoft’s Build 2023 conference, the company announced the collaboration with Microsoft to drive the development of AI on personal computing, and previewed AI-enabled capabilities ...
Intel plans to integrate AI across all platforms it builds
Intel plans to integrate AI across all platforms it builds
Source: IANS
28/07/2023 1:46:37 PM
Dell Technologies joins Intel to launch AI skills lab in India Dell Technologies and chip maker Intel on Monday announced their partnership to launch artificial intelligence (AI) lab in India. Dell and Intel's Digital Readiness team have partnered to enable Lords Institute of Engineering & Technology, Telangana in 'demystifying AI for the next-gen' by integrating Intel's 'AI for Youth' programme in their existing curriculum.  Through this partnership, the institute aims to enable students to be industry-ready and re...
Dell Technologies joins Intel to launch AI skills lab in India
Dell Technologies joins Intel to launch AI skills lab in India
Source: IANS
10/07/2023 3:56:56 PM
Intel, ARM reach joint chip manufacturing deal In a significant move, chip-maker Intel on Wednesday said it will work with British chip designer ARM to build low-power compute system-on-chips (SoCs). The collaboration will focus on mobile SoC designs first, but allows for potential design expansion into automotive, Internet of Things (IoT), data centre, aerospace and government applications. ARM customers designing their next-generation mobile SoCs will benefit from leading-edge Intel 18A process technology, which delivers new break...
Intel, ARM reach joint chip manufacturing deal
Intel, ARM reach joint chip manufacturing deal
Source: IANS
13/04/2023 9:41:12 AM
Acer launches new laptop with Intel Core i3 processor in India Taiwanese electronics company Acer on Monday launched a new laptop powered by the Intel Core i3-N305 processor in India. Priced at Rs 39,999, the new laptop "Aspire 3" will be available to purchase on the company's official website, online, and offline stores. According to the company, the new Aspire 3 is lighter and thinner than ever before at 1.7 kg and 18.9 mm thickness. The laptop features a 14 or 15.6-inch full HD display along with an Acer Purified Voice and AI No...
Acer launches new laptop with Intel Core i3 processor in India
Acer launches new laptop with Intel Core i3 processor in India
Source: IANS
3/04/2023 5:42:19 PM
HP Inc introduces 150 products, solutions for future hybrid work PC and printer major HP Inc on Wednesday introduced a robust lineup of 150 products, services and solutions for hybrid work under its 'FutureReady' portfolio. The next generation of HP EliteBook and ProBook devices are equipped for premium collaboration with HP Presence (for an enriched video conferencing experience on the PC) with and next-level productivity. The enterprise-ready HP EliteBook 800 and 805 G10 Series PC lineup is equipped with a 13th Gen Intel Core processor or n...
HP Inc introduces 150 products, solutions for future hybrid work
HP Inc introduces 150 products, solutions for future hybrid work
Source: IANS
30/03/2023 9:37:48 AM
Intel unveils 13th-gen mobile processors at CES 2023  Semiconductor chip manufacturer Intel has unveiled new 13th-generation mobile processors with features and capabilities for all laptop segments at the Consumer Electronics Show (CES) 2023. "The 13th Gen Intel Core mobile processor family delivers unrivalled, scalable performance for leadership platforms across all laptop segments," Michelle Johnston Holthaus, executive vice president and general manager of the Client Computing Group, Intel, said in a statement. "Wit...
Intel unveils 13th-gen mobile processors at CES 2023
Intel unveils 13th-gen mobile processors at CES 2023
Source: IANS
4/01/2023 2:37:13 PM
Intel plans major layoffs this month as PC sales nosedive: Report Chip-maker Intel is reportedly planning job cuts that can run in thousands, especially hitting its sales and marketing teams, as consumer PC sales nosedive globally. Bloomberg reported on Wednesday that the layoffs will affect nearly 20 per cent of team members at its hit sales and marketing teams. The cuts will be announced "as early as this month," around the same time as Intel's third-quarter earnings report on October 27, according to the report. The company current...
Intel plans major layoffs this month as PC sales nosedive: Report
Intel plans major layoffs this month as PC sales nosedive: Report
Source: IANS
12/10/2022 4:50:02 PM
Intel unveils 13th Gen Intel Core family desktop processors Chip maker Intel has unveiled the 13th Gen Intel Core processor family, led by the 13th Gen Intel Core i9-13900K. The company said that the new 13th Gen Intel Core family includes six new unlocked desktop processors with up to 24 cores and 32 threads and blazing clock speeds up to 5.8 GHz for the best gaming, streaming, and recording experience. "We are raising the standards of PC performance once again with our latest generation of flagship 13th Gen Intel Core Processors," Mi...
Intel unveils 13th Gen Intel Core family desktop processors
Intel unveils 13th Gen Intel Core family desktop processors
Source: IANS
28/09/2022 12:39:47 PM
Samsung logs record chip market share, Intel at distant second Samsung Electronics expanded its market share of the global semiconductor industry in the second quarter, maintaining its top spot, a research report showed on Monday. Samsung's chip revenue for the April-June period came in at a record quarterly high of $20.3 billion on the back of solid server demand, taking up 12.8 percent of the global total of $158.1 billion, according to research firm Omdia. Samsung's Q2 share was slightly up from the 12.5 per cent it logged the previous q...
Samsung logs record chip market share, Intel at distant second
Samsung logs record chip market share, Intel at distant second
Source: IANS
19/09/2022 10:41:53 AM
Intel kicks off work on $20 bn semiconductor plant in US Intel has kicked off work on the new $20 billion semiconductor plant in the Ohio state in US, as President Joe Biden joined the chip-maker and Ohio Governor Mike DeWine to celebrate breaking ground in the "Silicon Heartland" on the world's most advanced chipmaking facilities. The chip plant is part of Intel's plans to invest $100 billion in Ohio over the next 10 years. "Today marks a pivotal moment in the journey to build a more geographically balanced and resilie...
Intel kicks off work on $20 bn semiconductor plant in US
Intel kicks off work on $20 bn semiconductor plant in US
Source: IANS
11/09/2022 5:16:42 PM
Intel kicks off work on $20 bn semiconductor plant in US  Intel has kicked off work on the new $20 billion semiconductor plant in the Ohio state in US, as President Joe Biden joined the chip-maker and Ohio Governor Mike DeWine to celebrate breaking ground in the "Silicon Heartland" on the world's most advanced chipmaking facilities. The chip plant is part of Intel's plans to invest $100 billion in Ohio over the next 10 years. "Today marks a pivotal moment in the journey to build a more geographically balanced and r...
Intel kicks off work on $20 bn semiconductor plant in US
Intel kicks off work on $20 bn semiconductor plant in US
Source: IANS
10/09/2022 2:22:22 PM
Intel says it has no current plans to start manufacturing in India  Intel Corp currently has no plans to establish a manufacturing facility in India, the company said in a statement on Wednesday. The comments came after India's transport minister said earlier in the day that the chipmaker will set up a semiconductor manufacturing plant in the country.    
Intel says it has no current plans to start manufacturing in India
Intel says it has no current plans to start manufacturing in India
Source: IANS
7/09/2022 4:31:14 PM
Intel suffers massive decline in consumer chip sales, stock tanks Chip-maker Intel suffered a 25 per cent decline in consumer chip sales in the second quarter, along with revenue of $15.3 billion, down 22 per cent year over year (YoY). Its profits nosedived as it lost half a billion dollars in the April-June period -- a 109 per cent decline in profit from $5.1 billion it saw in Q2 last year. Intel shares sank as much as 10 per cent in extended trading on Thursday. The company CEO Pat Gelsinger said that the results "were below the standards we...
Intel suffers massive decline in consumer chip sales, stock tanks
Intel suffers massive decline in consumer chip sales, stock tanks
Source: IANS
29/07/2022 3:03:35 PM
Intel set to hike chip prices amid supply chain crisis: Report Chip-maker Intel is rising prices on a broad range of microprocessors owing to a supply-chain crisis in the tough global macro-economic environment, the media reported on Thursday. According to Nikkei Asia, the company informed customers that it "will raise prices on a majority of its microprocessors and peripheral chip products later this year, citing rising costs". The company is yet to finalise price hikes which could take Intel's flagship products such as central proce...
Intel set to hike chip prices amid supply chain crisis: Report
Intel set to hike chip prices amid supply chain crisis: Report
Source: IANS
14/07/2022 3:00:30 PM
India must accelerate digitisation via chip manufacturing: Rajeev Chandrasekhar In order to enable India to become a trillion-dollar digital economy by 2025, it is imperative for the country to accelerate the pace of digitalisation with focus on innovation and engineering across semiconductor product design, including hardware and software, Union Minister of State for IT and Skill Development Rajeev Chandrasekhar said here on Thursday. After inaugurating Intel India's state-of-the-art design and engineering centre here, he said that Intel's critical contributi...
India must accelerate digitisation via chip manufacturing: Rajeev Chandrasekhar
India must accelerate digitisation via chip manufacturing: Rajeev Chandrasekhar
Source: IANS
24/06/2022 4:41:15 PM
Intel to invest $700 mn on R&D in innovative data centre tech Chip-maker Intel has announced plans to invest more than $700 million for a research and development mega lab focused on innovative data centre technologies. Additionally, the company introduced the technology industry's first open intellectual property (open IP) immersion liquid cooling solution and reference design. "The future of the data centre and data centre design is based on innovative and sustainable technologies and practices," said Sandra L Rivera, Intel executi...
Intel to invest $700 mn on R&D in innovative data centre tech
Intel to invest $700 mn on R&D in innovative data centre tech
Source: IANS
20/05/2022 12:25:31 PM
Intel unveils 7 new 12th Gen chips for mobile creators, gamers Chip-maker Intel has unveiled seven new mobile processors to the 12th Gen Intel Core family for the growing community of content creators and gamers on smartphones, as the world grapples with chip shortage. The company said that the new 12th Gen Intel Core HX processors are "unlocked out of the box" and available in Core i5, Core i7 and Core i9 models. "We're enabling content creators to tackle the most demanding work flows like never before. Gamers and content creato...
Intel unveils 7 new 12th Gen chips for mobile creators, gamers
Intel unveils 7 new 12th Gen chips for mobile creators, gamers
Source: IANS
11/05/2022 2:34:32 PM
Intel aims net-zero greenhouse gas emissions by 2040 Chip-maker Intel on Wednesday announced plans to achieve net-zero greenhouse gas emissions in its global operations by 2040. To achieve this goal, Intel plans to achieve 100 per cent renewable electricity use across its global operations and invest $300 million in energy conservation at its facilities to achieve 4 billion cumulative kilowatt hours of energy savings. The company said it also plans to build new 'green' factories and facilities and launch a cross-industry R&D i...
Intel aims net-zero greenhouse gas emissions by 2040
Intel aims net-zero greenhouse gas emissions by 2040
Source: IANS
14/04/2022 10:29:32 AM
Intel launches 12th gen Alder Lake P-series, U-series CPUs for thin laptops Intel has expanded the 12th Gen Intel Core mobile processor lineup with the official launch of 12th Gen Intel Core P-series and U-series processors. These new mobile processors will power the next generation of thin-and-light laptops. The first devices will be available in March 2022, with more than 250 coming this year from Acer, Asus, Dell, Fujitsu, HP, Lenovo, LG, MSI, NEC, Samsung and others. "Following our launch of the fastest mobile processor for gaming, we're now expand...
Intel launches 12th gen Alder Lake P-series, U-series CPUs for thin laptops
Intel launches 12th gen Alder Lake P-series, U-series CPUs for thin laptops
Source: IANS
24/02/2022 3:37:59 PM
Intel acquires Israeli chip maker Tower Semiconductor for $5.4 bn Chip-maker Intel on Tuesday confirmed it is acquiring Israeli contract chip manufacturer Tower Semiconductor for approximately $5.4 billion. The acquisition advances Intel's IDM 2.0 strategy as the company further expands its manufacturing capacity, global footprint and technology portfolio to address unprecedented industry demand, the company said in a statement. "This deal will enable Intel to offer a compelling breadth of leading-edge nodes and differentiated specialty techn...
Intel acquires Israeli chip maker Tower Semiconductor for $5.4 bn
Intel acquires Israeli chip maker Tower Semiconductor for $5.4 bn
Source: IANS
15/02/2022 7:41:14 PM
Intel designing energy-efficient crypto chip, Jack Dorsey 1st buyer Chip-maker Intel is working on a crypto chip that will be energy-efficient and Jack Dorsey-owned fintech company Block (formerly known as Square) will be one of the first buyers of the chip. Raja M Koduri, SVP and GM, Accelerated Computing Systems and Graphics Group at Intel, said that Intel will contribute to the development of blockchain technologies, "with a roadmap of energy-efficient accelerators". "Intel will engage and promote an open and secure blockchain ecosyste...
Intel designing energy-efficient crypto chip, Jack Dorsey 1st buyer
Intel designing energy-efficient crypto chip, Jack Dorsey 1st buyer
Source: IANS
14/02/2022 1:00:43 PM
Intel's $20 billion Ohio factory could become world's largest chip plant WASHINGTON/SAN FRANCISCO - Intel Corp said on Friday it would invest up to $100 billion to build potentially the world's largest chip-making complex in Ohio, looking to boost capacity as a global shortage of semiconductors affects everything from smartphones to cars. The move is part of Chief Executive Officer Pat Gelsinger's strategy to restore Intel's dominance in chip making and reduce America's reliance on Asian manufacturing hubs, which have a tight hold on the market....
Intel's $20 billion Ohio factory could become world's largest chip plant
Intel's $20 billion Ohio factory could become world's largest chip plant
Source: Reuters
22/01/2022 7:16:13 PM
Intel to invest $20 bn on 2 new chip factories in US Chip-maker Intel on Friday said it will invest more than $20 billion to build two new factories int US for advanced chipmaking, as the world grapples with semiconductor shortage. The initial phase of the project in New Albany near Columbus, Ohio, is expected to create 3,000 Intel jobs and 7,000 construction jobs over the course of the build, and to support tens of thousands of additional local long-term jobs across a broad ecosystem of suppliers and partners. "Intel's actions w...
Intel to invest $20 bn on 2 new chip factories in US
Intel to invest $20 bn on 2 new chip factories in US
Source: IANS
21/01/2022 5:13:48 PM
China clears SK hynix-Intel deal, firm eyes sharper competitive edge The removal of the last regulatory hurdle for SK hynix's acquisition of Intel's non-volatile memory business will likely accelerate the chipmaker's plan to expand its presence and enhance competitiveness in the global NAND market, analysts said on Thursday. On Wednesday, the Chinese antitrust regulator gave the much-awaited green light for the South Korean company's merger deal signed in October last year to acquire Intel's NAND unit for $9 billion. The deal, the lar...
China clears SK hynix-Intel deal, firm eyes sharper competitive edge
China clears SK hynix-Intel deal, firm eyes sharper competitive edge
Source: IANS
23/12/2021 7:25:01 PM
Building Metaverse needs 1,000X more computing power: Intel Leading chip-maker Intel has stressed that building Metaverse -- at scale and accessible by billions of humans in real time -- will require a 1,000-times increase in computational efficiency from what we have today. Raja Koduri, a senior vice president and head of Intel's Accelerated Computing Systems and Graphics Group, said that our computing, storage and networking infrastructure today is simply not enough to enable this Metaverse vision, being popularised by Meta (formerly Facebook...
Building Metaverse needs 1,000X more computing power: Intel
Building Metaverse needs 1,000X more computing power: Intel
Source: IANS
16/12/2021 2:08:29 PM
Intel looking to develop closer relationship with TSMC Chip-maker Intel is apparently seeking to deepen its relationship with the world's largest contract manufacturer for chips, Taiwan Semiconductor Manufacturing Company (TSMC) to avoid possible clashes over TSMC's 3nm chip production. TSMC is beginning pilot production of its 3nm process that will eventually be used in future Apple silicon Macs. Now, high-level executives from Intel are planning to visit Taiwan and TSMC in mid-December to discuss 3nm chip production and production ca...
Intel looking to develop closer relationship with TSMC
Intel looking to develop closer relationship with TSMC
Source: IANS
4/12/2021 12:13:23 PM
Intel shares sink as third-quarter sales miss estimates Shares of Intel Corp sank on Thursday as the company reported third-quarter sales that missed expectations, with Chief Executive Officer Pat Gelsinger telling Reuters that shortages of ancillary chips needed to make full computers are holding back sales of the company's flagship processor chips. The company's leaders also said that margins will be lower for several years and that it will spend heavily to revamp its chip factories. Shares of Santa Clara, California-based Intel, the ...
Intel shares sink as third-quarter sales miss estimates
Intel shares sink as third-quarter sales miss estimates
Source: Reuters
22/10/2021 9:05:56 AM
Intel announces new Xeon W-3300 processors Intel has launched its newest generation Xeon W-3300 processors that is built for advanced workstation professionals. The company, on Thursday, said that the new processors offer expanded platform capabilities and enterprise-grade security and reliability in a single-socket solution. "Intel Xeon W-3300 processors are intelligently engineered to push the boundaries of performance, with a new processor core architecture that transforms for what expert workstation users can accomplish...
Intel announces new Xeon W-3300 processors
Intel announces new Xeon W-3300 processors
Source: IANS
30/07/2021 2:35:12 PM
Intel unveils new 2025 roadmap to reclaim global chip market Chip maker Intel has detailed an ambitious architecture roadmap, showcasing a series of foundational innovations that will power products through 2025 and beyond, with the goal of leading the processor space once again. The company on Monday showcased two breakthrough process technologies: RibbonFET, Intel's first new transistor architecture in more than a decade, and PowerVia, an industry-first for backside power delivery. "Building on Intel's unquestioned leadership in ad...
Intel unveils new 2025 roadmap to reclaim global chip market
Intel unveils new 2025 roadmap to reclaim global chip market
Source: IANS
27/07/2021 11:42:18 AM
Chip shortage to continue for up to 2 years: Intel CEO  Intel CEO Pat Gelsinger has said that the massive chip shortage will continue for at least two more years before the industry is able to completely catch up with the demand. The strong demand environment continues to stress the supply chain across the world. "While I expect the shortages to bottom out in the second half, it will take another one to two years before the industry is able to completely catch up with demand," Gelsinger said during the Q2 earnings call on Thu...
Chip shortage to continue for up to 2 years: Intel CEO
Chip shortage to continue for up to 2 years: Intel CEO
Source: IANS
23/07/2021 12:02:28 PM
Intel unveils network platform, software for 5G wireless networks Reaffirming its position as the leading network silicon provider, Intel has unveiled Intel Network Platform along with new additions to its product portfolio for 5G and edge at the MWC 2021. Intel Network Platform is a technology foundation that can reduce development complexity, accelerate time to market and help to ensure customers and partners can take advantage of the features in Intel hardware, from core to access to edge. It includes system-level reference architectures, drivers a...
Intel unveils network platform, software for 5G wireless networks
Intel unveils network platform, software for 5G wireless networks
Source: IANS
23/06/2021 2:35:07 PM
Intel will `focus` less on buying back company stock - CEO NEW YORK - The chief executive of the biggest U.S. chip-maker, Intel Corp, said the company is going to curb its focus on buying back its own stock. "We will not be anywhere near as focused on buybacks going forward as we have in the past," Intel Chief Executive Officer Pat Gelsinger said in an interview on the CBS news magazine "60 Minutes" to air on Sunday night. Gelsinger's comments were in response to a question comparing how much Intel has spent buying its o...
Intel will `focus` less on buying back company stock - CEO
Intel will `focus` less on buying back company stock - CEO
Source: IANS
3/05/2021 9:24:38 AM
Wall Street sees long road ahead as Intel seeks to regain market share  Intel Corp's shares fell 7% on Friday as Wall Street analysts raised concerns about how soon the chipmaker can close the gap with rivals as it spends billions of dollars to increase manufacturing. In recent years, Intel has struggled with building new manufacturing technology causing it to fall behind rivals Advanced Micro Devices Inc and Nvidia Corp in the race to make smaller chips with a faster processing speed. Patrick Gelsinger, who returned to the company as CEO this yea...
Wall Street sees long road ahead as Intel seeks to regain market share
Wall Street sees long road ahead as Intel seeks to regain market share
Source: IANS
24/04/2021 10:06:19 AM
Intel PC chip sales rise, but profit forecast falls short on manufacturing costs Intel Corp on Thursday raised its annual sales outlook on booming demand for personal computers, but its second-quarter profit forecast fell short of analyst expectations as the company spends heavily to get its manufacturing operations back on track and catch up to rivals with faster chips. Intel shares were down 3.1% to $60.60 in after-hours trading after the results. The company also missed first-quarter expectations in its closely watched data center chip unit. Intel fumbled new man...
Intel PC chip sales rise, but profit forecast falls short on manufacturing costs
Intel PC chip sales rise, but profit forecast falls short on manufacturing costs
Source: Reuters
23/04/2021 10:24:37 AM
Microsoft unveils Surface Laptop 4 with Intel, AMD options Microsoft on Tuesday unveiled Surface Laptop 4 with two options -- 11th Gen Intel Core processors or AMD Ryzen Mobile Processors with Radeon Graphics Microsoft Surface Edition (8 cores), starting at $999.99. The device, which offers 3:2 PixelSense touchscreen displays in 13.5-inch or 15-inch models, will be available first in the US, Canada, and Japan, with additional market availability in the coming weeks, the company said in a statement. Surface Laptop 4 offers a built-in HD front-fa...
Microsoft unveils Surface Laptop 4 with Intel, AMD options
Microsoft unveils Surface Laptop 4 with Intel, AMD options
Source: IANS
14/04/2021 9:59:26 AM
As Joe Biden works to fix chips shortage, Intel promises help for automakers WASHINGTON - U.S. President Joe Biden met with executives from major companies on Monday to discuss the global chip shortage that has hit automakers and spurred Intel Corp to announce it plans to make chips for car plants at its factories in the next six to nine months. During the meeting, Biden said he had bipartisan support for legislation to fund the semiconductor industry. He previously announced plans to invest $50 billion in semiconductor manufacturing and research as part of hi...
As Joe Biden works to fix chips shortage, Intel promises help for automakers
As Joe Biden works to fix chips shortage, Intel promises help for automakers
Source: Reuters
13/04/2021 9:55:08 AM
Intel ad uses MacBook to promote its chips To promote one of its new 11th-generation chips, Intel has accidentally used a MacBook instead of a Windows laptop. According to MacRumors, Apple still sells Intel-based Macs, the chip referenced in the ad is not used in any Mac, and in fact, it was launched around the same time Apple released its M1 Apple silicon chip late last year. The ad appeared on Reddit and was shared on Twitter and it features a man using what clearly seems to be a MacBook Pro. The ad's tagline says, &quo...
Intel ad uses MacBook to promote its chips
Intel ad uses MacBook to promote its chips
Source: IANS
8/04/2021 12:29:08 PM
Intel launches 3rd Gen Xeon scalable processors Intel on Wednesday launched its new 3rd Gen "Ice Lake" Xeon Scalable processors for data centres around the world including in India. The new processors are optimised to power the industry's broadest range of workloads -- from the cloud to the network to the intelligent edge, Intel said. Leveraging Intel 10 nanometer (nm) process technology, the latest processors deliver up to 40 cores per processor and up to 2.65 times higher average performance gain compared with a five-...
Intel launches 3rd Gen Xeon scalable processors
Intel launches 3rd Gen Xeon scalable processors
Source: IANS
7/04/2021 1:47:07 PM
TSMC shares slide, as Taiwan plays down Intel`s $20 billion expansion challenge TAIPEI - Taiwan Semiconductor Manufacturing Co Ltd (TSMC) shares fell nearly 4% on Wednesday after Intel Corp announced a $20 billion plan to expand its advanced chip manufacturing capacity, even as Taiwan's economy minister sought to downplay the impact. Intel said on Tuesday it will build two factories in Arizona and open its plants to outside customers, directly challenging the two other companies in the world that can make the most advanced chips - TSMC and South Korea's Samsun...
TSMC shares slide, as Taiwan plays down Intel`s $20 billion expansion challenge
TSMC shares slide, as Taiwan plays down Intel`s $20 billion expansion challenge
Source: Reuters
24/03/2021 11:16:12 AM
Intel to invest $20B for 2 new chip-making factories in US Chip maker Intel has announced to invest $20 billion for two new manufacturing facilities in the US, along with plans to to outsource more of its chip production to third-party foundries. New Intel CEO Pat Gelsinger also unveiled a new branch of the company called Intel Foundry Services, to become a major provider of foundry capacity in the US and Europe to serve customers globally. During the "Intel Unleashed: Engineering the Future" webcast, Gelsinger shared his vision for &...
Intel to invest $20B for 2 new chip-making factories in US
Intel to invest $20B for 2 new chip-making factories in US
Source: IANS
24/03/2021 10:12:43 AM
Intel floats possibility of licensing deals but would TSMC and Samsung be interested?  Intel Corp executives have raised the possibility of licensing chipmaking technology from outside firms, a move that could see it exchanging manufacturing secrets with rival Taiwan Semiconductor Manufacturing Co Ltd (TSMC) or Samsung Electronics Co Ltd. Intel is one of the few remaining semiconductor firms that both designs and manufactures its own chips, but the business model has come into question in recent years as the company lost its manufacturing lead to the Taiwanese and Kore...
Intel floats possibility of licensing deals but would TSMC and Samsung be interested?
Intel floats possibility of licensing deals but would TSMC and Samsung be interested?
Source: Reuters
22/01/2021 11:42:26 AM