US gov’t explores equity stakes in Intel and others to receive CHIPS Act funds
Commerce secretary says any such agreement would not see the government interfere with running of companies
Commerce secretary says any such agreement would not see the government interfere with running of companies
Investment will make SoftBank fifth-biggest shareholder in Intel
Sources says plans are still fluid, however, and a deal might not be reached
Craig Barrett gives piece of his mind on saving embattled chipmaker
Meeting is expected to take place at the White House today
Response from Lip-Bu Tan follows Trump's unprecedented demands
Arkansas Senator Tom Cotton wrote to Intel’s board to “express concern” about CEO’s reported “deep ties to the Chinese Communists”
CCG revenue drops three percent despite absorbing Edge business, as 'step in the right direction' leaves networks behind
Cuts follow comments from Intel CEO saying chipmaker is no longer a top 10 semiconductor company
Impacted job roles include design engineers, cloud software workers, and project managers
Latest round of appointments from CEO Lip-Tu Ban
Majority of layoffs expected to take place in July
HX2 system will be deployed later this year
Companies operating under the newly-formed Saimemory brand
Test was carried out by data center operator Aquatron in partnership with the Los Alamos National Laboratory
New additions have been designed specifically to boost AI workload performance
Segment no longer aligns with new CEO’s strategy
The Garden of the Gods site offers 70MW of existing power capacity and is “ready for retrofit”
New CEO Tan is excited for possibilities but knows there’s still work to be done
CEO Lip-Bu Tan wants to return Intel to its engineering roots
Second round of layoffs employees have faced in a 12 month period
Multiple business groups will now report directly to Lip-Bu Tan
Intel first acquired the FPGA chip company in 2015 for $16.7bn
Deal could see TSMC take 20 percent stake in Intel’s foundry operations