DCD Magazine #62 - The coming wave
Will compute at sea sink or swim?
News - Business Operations, Intel
The latest news from the AI, data center, telco, chip, and cloud sector
DCD Magazine #62 out now
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Intel posts fastest YoY growth since 2011, with Q2 2026 revenue totaling $16.1bn
Chipmaker’s data center segment once again posted strongest growth, while Intel Foundry continues to operate at a loss
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Intel planning job cuts to its data center group - report
Unclear how many roles will be impacted
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ASML posts Q2 net sales of €9.3bn, reveals Intel Panther Lake chip deal
Company’s CEO says strength of sales has led ASML to look into increasing EUV capacity over next two years
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Intel appoints Pushkar Ranade as CTO
Chipmaker has also hired former Qualcomm exec Alex Katouzian to oversee its Client Computing & Physical AI Group
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Strong data center growth helps Intel post Q1 revenue of $13.6bn
Shares in the company rose 20 percent after results were published
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Google commits to multiyear Intel CPU deployments, will collaborate with chipmaker on custom IPU development
Financial terms of agreement have not been shared
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Intel repurchases 49 percent stake in Ireland’s Fab 34 for $14.2bn
Apollo Global Management acquired the stake in 2024 for $11.2bn
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UK gov’t to invest £45m in Sunrise supercomputer to accelerate advancements in fusion energy
AMD-powered system will deliver 6.76 exaflops of AI compute power when deployed
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Qualcomm hires former Intel Foundry SVP Kevin O’Buckley to lead global operations and supply chain
Latest high-profile executive to leave the chipmaker
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SambaNova unveils SN50 AI chip, Intel partnership, and $350m fundraise
Chip will support agentic AI workloads, with SoftBank named as first customer for new hardware offering
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Intel hires chief GPU architect to oversee company’s AI accelerator efforts
Project will reportedly be led by former Qualcomm exec Eric Demmers
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Intel reports $600m net loss in Q4 2025, admits to misjudging data center CPU demand
Intel CFO said that although chipmaker expected core counts to increase, “unit volumes were not”
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SambaNova seeking $500m in funding after acquisition talks with Intel stall – report
Intel was reportedly mulling a $1.6bn acquisition of the AI solution provider as recently as last month
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Intel to invest $208m in Malaysian chip industry, according to Prime Minister Anwar Ibrahim
Unclear how money will be spent
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National Development files to redevelop former Intel campus in Hudson, Massachusetts
Chipmaker operated at the site for more than 25 years
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Intel chief technology and AI officer leaves role after six months for OpenAI
Prior to his appointment in April, Sachin Katti had led Intel’s networking and Edge group
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Intel AI data center VP leaves company for role at AMD – report
Latest instance of Intel silicon exec leaving for chipmaker for rival company
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Intel in talks with SambaNova about possible acquisition – report
Discussions still in early stages, and sale not guaranteed
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Intel Q3 financial results beat expectations, but chip firm warns of challenges ahead
Data center business flat, Foundry still seeks big customer
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AMD latest company tapped by Intel for potential investment – report
Follows reports chipmaker has engaged in similar talks with Apple
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Intel in talks with Apple about potential investment – report
Struggling chipmaker has already secured backing from SoftBank and Nvidia in effort to reverse its fortunes
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Nvidia to invest $5bn in Intel, companies will develop custom CPUs together
Will work to connect chip architectures using Nvidia’s NVLink technology
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Second Intel Xeon chief architect leaves company after less than year in the role
News comes as CEO Lip-Bu Tan continues to reshuffle Intel top team
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Intel announces leadership shuffle, appoints new data center head
Latest moves in organizational reshuffle
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US gov’t to take extra 5% stake in Intel should chipmaker sell majority stake in its foundry business
The clause forms part of the recent agreement signed by the two
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US government takes 10% stake in Intel
Intel CEO agrees to $8.9bn deal... after recent Trump calls for his resignation
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Trump administration looking to reallocate $2bn in CHIPS Act funds to support critical minerals sector - report
As White House official says government is not looking for equity share in TSMC or Micron
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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