Pat Gelsinger steps down as CEO of Intel
December 02, 2024
Intel CEO Pat Gelsinger has retired from the company after a 40-plus-year career and has stepped down from the board of directors, effective December 1, 2024.
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Germany plans $2.1 billion in new chip subsidies
December 02, 2024
The Ministry of Economic Affairs plans to use the newly proposed funds to support 10 to 15 projects, ranging from wafer production to microchip assembly, the Bloomberg report says.
US finalises $7.86 billion CHIPS Act funding for Intel
November 27, 2024
The US Department of Commerce says it will provide Intel with up to USD 7.86 billion in funding for its semiconductor manufacturing projects under the CHIPS and Science Act – down from USD 8.5 billion announced in March
Semiconductor growth slows down in 2025
November 26, 2024
The semiconductor market reached USD 166 billion in 3Q24, a 10.7% growth from 2Q24, according to the World Semiconductor Trade Statistics (WSTS). This marks the strongest QoQ growth since 3Q16 when growth hit 11.6%. On a YoY basis, the market grew by 23.2% in 3Q24, the highest since 4Q21's 28.3%.
Lattice mulls making offer for Intel’s Altera
November 25, 2024
Oregon-based low power programmable firm Lattice Semiconductor is seeking a private equity backer as it explores a potential bid, the Bloomberg report said.
Silver Lake, Bain prepare to bid for stake in Intel’s Altera
November 05, 2024
Intel has started the process for the stake sale in its programmable chips unit Altera, which it acquired for nearly USD 17 billion in 2015. The deal could provide Intel with a much-needed cash boost.
Chiplet market set to reach $411 billion by 2035
November 04, 2024
Chiplets break down complex chips into smaller, specialized components, giving greater flexibility and customization, resulting in faster time to market and shorter upgrade cycles.
‘Nvidia’s CEO asked SK Hynix to bring forward supply of HBM4’
November 04, 2024
Nvidia’s CEO Jensen Huang’s request for faster delivery shows the robust demand for new iterations of Nvidia’s GPUs, which are crucial for AI and will have next-generation HBM chips.
Intel plans layoffs in Poland
October 30, 2024
News has surfaced in Poland of planned layoffs by Intel in Gdańsk. According to the trojmiasto.pl, the tech giant filed a notice with the Gdańsk Labor Office last week, announcing its intention to move forward with the layoffs.
Nvidia dethrones Apple as world’s most valuable company
October 28, 2024
Nvidia’s stock market value briefly reached USD 3.53 trillion, a little above Apple’s USD 3.52 trillion. The surge in its market value is driven by demand for its chips, the gold standard for AI.
Europe's highest court sides with Intel – ends lengthy antitrust case
October 24, 2024
The EU Court of Justice ruled in favour of Intel on Thursday, bringing an end to a nearly 20-year antitrust battle between the U.S. chipmaker and EU regulators who accused Intel of engaging in anti-competitive practices to undermine its rival, Advanced Micro Devices (AMD).
Lattice CFO resigns
October 24, 2024
Sherri Luther, CFO of Lattice Semiconductor, has resigned with immediate effect in order to pursue a new opportunity. Lattice Corporate Vice President, Corporate Controller Tonya Stevens has been appointed interim CFO, while the company searches for a new CFO.
Chip packaging tech in US gets $1.6 billion boost
October 21, 2024
Semiconductor packaging allows components to be combined as a single electronic device, and the latest funding under the CHIPS and Science Act seeks to drive innovation in this process.
Mass layoffs at Intel to impact over 2,000 US jobs
October 17, 2024
The tech giant’s cost-cutting measures will impact 1,300 employees in Oregon. Intel is Oregon’s second-largest private employer. The chipmaker employs more than 20,000 people in the state.
Vision 2050: Vietnam plans to set up over 20 semiconductor plants
October 11, 2024
Vietnam’s semiconductor industry is targeting a revenue of USD 25 billion by 2030.
Slowing demand growth constraints Q4 memory price increases
October 09, 2024
TrendForce’s latest findings reveal that weaker consumer demand has persisted through 3Q24, leaving AI servers as the primary driver of memory demand. This dynamic, combined with HBM production displacing conventional DRAM capacity, has led suppliers to maintain a firm stance on contract price hikes.
Poland, Europe's top destination for back-end semiconductor production
October 09, 2024
According to recent research by Kearney, Poland has emerged as a key contender in the global semiconductor manufacturing ecosystem, particularly in the back-end segment.
Intel, US government edge closer to $8.5 billion in chip funding
September 27, 2024
Any takeover of all or part of Intel’s business could risk disrupting the talks, according to a report in the Financial Times.
Omdia reports record semiconductor revenue in 2Q24
September 24, 2024
Analyst and consultancy firm Omdia reports that total semiconductor revenue reached a record high of USD 162.1 billion in 2Q24, marking a 6.7% quarterly growth.
Qualcomm approaches Intel about a possible takeover
September 23, 2024
Qualcomm generates less revenue than Intel. It reported USD 35.8 billion in sales in fiscal 2023, compared with Intel’s USD 54.2 billion for the same period.
Intel to make AI chips for Amazon Web Services
September 18, 2024
Intel's foundry business will have greater independence and is set to be established as an independent subsidiary.
Intel pulls the brakes on projects in Poland and Germany
September 17, 2024
On Monday, US semiconductor manufacturer Intel said that it is postponing its plans to build two mega chip plants in Magdeburg, Germany and its plans in Poland due to lower demand than expected.
Intel qualifies for $3.5 billion grants to make chips for US military
September 16, 2024
The funding would add to a possible USD 8.5 billion in grants and USD 11 billion in loans that the company was awarded in March under the Chips and Science Act
EU backs $1.9 billion aid for Intel’s plant in Poland
September 16, 2024
The announcement comes more than a year after Intel shared its plans to build a USD 4.6 billion assembly and testing unit outside Wroclaw, Poland.
Mobileye ends internal lidar development
September 11, 2024
Intel company Mobileye has chosen to end the internal development of next-generation frequency-modulated continuous wave (FMCW) lidars for use in autonomous and highly automated driving systems.
Qualcomm may be looking to acquire parts of Intel’s chip design units
September 06, 2024
No formal move to approach Intel has been made yet and Qualcomm’s plans are not in a final stage, the Reuters report says.
CoWos Packaging Driving Growth in Advanced Packaging Equipment
September 05, 2024
Chip-on-wager-on-substrate (CoWos) packaging technology has taken the packaging business by storm, with TrendForce reporting growth in advanced packaging growth of more than 10% in 2024. What is important, this trend could even surpass 20% in 2025.
Japan’s new R&D base will introduce EUV lithography equipment
September 04, 2024
With its extremely short wavelengths of about 13.5 nanometers, EUV lithography allows for finer etching of smaller features on chips.
Nvidia suffers $279 bn loss in market value as shares tumble by 9.5%
September 04, 2024
Tuesday’s decline in chip stocks was reflected in the overall performance of Wall Street, with the Nasdaq down 3.3% and the S&P 500 dropping 2.1%.
Intel mulls selling Altera and freezing $32 billion German fab project
September 02, 2024
Owing to delays in subsidy approvals, Intel is believed to be postponing the construction of its Fab 29.1 and 29.2 in Magdeburg, Germany.
Intel working hard to address investor concerns, says CEO Pat Gelsinger
August 30, 2024
Gelsinger said though AI was a weak link in its server business, the company would soon launch Lunar Lake, “the most compelling AI PC product ever.”
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