Intel

With an Intel recovery underway, all eyes turn to its foundry business

Enterprise /

Intel’s third-quarter earnings beat Wall Street expectations Thursday, results buoyed by a bump in revenue combined with larger cuts, and multiple, sizable investments over the last two months as CEO Lip-Bu Tan looks to turn around the struggling semiconductor giant. Intel’s revenue results and its $4.1 billion in net income provides a far rosier view […]

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Intel unveils new processor powered by its 18A semiconductor tech 

AI /

Six months after Lip-Bu Tan’s began his quest to turn around struggling Intel, the semiconductor giant has announced a major hardware upgrade. On Thursday, Intel unveiled a new processor, codenamed Panther Lake. This marks the next generation of the company’s Intel Core Ultra processor family and is the first chip built using Intel’s 18A semiconductor

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The Trump admin is going after semiconductor imports

Hardware /

In its latest bid to boost semiconductor production in the U.S., the Trump administration is reportedly considering a ratio-based approach that would penalize domestic manufacturers with tariffs if they don’t produce enough chips. The administration is weighing a policy that would mandate U.S. semiconductor companies to manufacture the same number of chips in the U.S. as their customers import from overseas

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The Trump administration is going after semiconductor imports

AI /

In its latest bid to boost semiconductor production in the U.S., the Trump administration is reportedly considering a ratio-based approach that would penalize domestic manufacturers with tariffs if they don’t produce enough chips. The administration is weighing a policy that would mandate U.S. semiconductor companies to manufacture the same number of chips in the U.S. as their customers import from overseas

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Nvidia buys $5 billion stake in Intel, planning AI chip collaboration

AI /

Nvidia has agreed to buy a $5 billion stake in Intel as part of a broader deal to together develop “multiple generations” of data center and PC products. Nvidia will acquire the Intel stock for $23.28 per share, a slight discount on the companies previous trading price. According to Reuters, the deal would make Nvidia

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Intel’s chief executive of products departs among other leadership changes

Enterprise /

Semiconductor giant Intel continues to shake up its senior leadership since Lip-Bu Tan took the helm as CEO in March. Intel announced Monday that Michelle Johnston Holthaus will depart the company after more than three decades. Johnston Holthhaus was most recently chief executive officer of Intel products and will remain a strategic adviser. The company

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Why the US government is taking a stake in Intel

Government & Policy /

The Trump administration wants the United States to be the dominant force when it comes to artificial intelligence, and one way the administration hopes to achieve primacy is by bringing semiconductor manufacturing back to the U.S. To help with that transition, President Donald Trump has introduced potential chip tariffs and policies in recent months meant

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Trillion with a ‘T’? That’s a lot of dollars, Nvidia.

Fundraising /

Nvidia reported another massive quarter this week with $46.7 billion in revenue, a 56% year-over-year increase driven almost entirely by AI demand. But despite CEO Jensen Huang’s bold prediction of $3 to 4 trillion in global AI infrastructure spending in the next five years, the stock slid as investors questioned how long this kind of

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Why the U.S. government is not the savior Intel needs

Government & Policy /

The Trump administration made an unprecedented, and confusing, move last week when it announced plans to convert money Intel was supposed to receive through Joe Biden-era government grant programs into a 10% equity stake. While it remains unclear if converting those government grants into equity is even possible — that’s up for debate — it’s

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