Ceramic long-term storage company Cerabyte secures investment from Western Digital
Terms of the deal have not been shared
Terms of the deal have not been shared
Has already partnered with US Air Force
Terms of the deal were not disclosed
Data center sales saw 57 percent year-on-year growth during the quarter
UK government also announced funding to boost semiconductor skills
CEO Lip-Bu Tan wants to return Intel to its engineering roots
Investment will allow company to grow its EM-2 product portfolio
Company also launched new AuraLinks AI business unit
Company posted net sales of €7.7bn for the three month period
Funding package made up of new and previously announced investments
Intel first acquired the FPGA chip company in 2015 for $16.7bn
Funding round included participation from European Innovation Council
Startup has raised $72.5m since founding in 2020
Company had previously disclosed plans to pass on tariff-related costs to customers
Deal could see TSMC take 20 percent stake in Intel’s foundry operations
Chipmaker has 28 days to make a decision
Funds will be used to support company’s growth in the US
Plans to expand the collaboration already underway
Has met its “currently anticipated capital needs”
Brings total raised by the company to $515m
Nvidia, AMD, Qualcomm, and Broadcom have all been approached, sources claim
CFO Marie Myers said “recent tariff announcements have created uncertainty for our industry”
Titania chiplet uses Digital In-Memory Computing architecture
US chipmaker says it has made “numerous attempts” to enter into a dialogue about a potential acquisition