Will support second phase of state’s Empire AI initiative

Design changes and staff turnover attributed to production push back

Site will be open to external customers across both academia and industry

Deal is thought to cover rare earth minerals and export controls

The DL325 and DL345 Gen12 servers will offer up to 6TB of memory capacity

Company focusing efforts on improving its 2nm process

Impacted job roles include design engineers, cloud software workers, and project managers

Former Intel CEO Pat Gelsinger has joined as a board member

The restructuring support agreement will allow company to reduce its debts by around 70 percent

Latest round of appointments from CEO Lip-Tu Ban

Believed to be the most beneficial incentive offered by the CHIPS Act

Factory is company’s first such facility in North America

Majority of layoffs expected to take place in July

A total of 601 new entities were added to the list over the weekend

Will support manufacturing and R&D efforts across Idaho and Virginia

Announcements made at chip designer’s Advancing AI conference

Company has declined to disclose the terms of either deal

One of the five largest neuromorphic computing systems globally

US commerce secretary describes some grants as “overly generous”

Terms of the deal were not disclosed

Company says it will collaborate with Apple, AMD, and Qualcomm, amongst others

Margaret Han has previously held roles at Intel, NXP, and TSMC

Company says it generated $30m in revenue during 2024

15-year deal is worth around $7bn