Intel

The Trump administration’s big Intel investment comes from already awarded grants

Hardware /

Intel officially announced an agreement with President Donald Trump’s administration on Friday afternoon, following Trump’s statement that the government would be taking a 10% stake in the struggling chipmaker. While Intel says the government is making an “$8.9 billion investment in Intel common stock,” the administration does not appear to be committing new funds. Instead, […]

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U.S. government is reportedly in discussions to take stake in Intel

AI /

The Trump administration continues to meddle with semiconductor giant Intel. The U.S. government is reportedly in discussions to take a a stake in Intel, according to reporting from Bloomberg. This deal would be structured to help the company expand its U.S. manufacturing efforts, including its much-delayed Ohio chip factory. This news comes less than a

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Trump says Intel CEO Lip-Bu Tan must ‘resign immediately’

Hardware /

Amidst heightening tensions with China, U.S. President Donald Trump on Thursday insisted that Intel’s CEO, Lip-Bu Tan, must step down, accusing Tan of harboring conflicts of interest. “The CEO of INTEL is highly CONFLICTED and must resign, immediately. There is no other solution to this problem. Thank you for your attention to this problem!” Trump

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Trump says he’ll announce semiconductor and chip tariffs

Enterprise /

The semiconductor industry’s rollercoaster year continues with another major development. President Donald Trump said on CNBC’s Squawk Box on Tuesday that his administration is planning to announce tariffs on semiconductors and chips as soon as next week. However, the specifics of these tariffs remains unclear. Such tariffs could cause quite a disruption for U.S. hardware

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Intel continues to pull back on its manufacturing projects

AI /

Intel CEO Lip-Bau is making progress on his plan for the company to shed its inefficiencies. And that includes spiking several manufacturing projects. The semiconductor giant reported Thursday in its second-quarter earnings report that it will delay, and in some cases, not move forward with multiple manufacturing projects. Specifically, Intel said it was no longer

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RealSense spins out of Intel to scale its stereoscopic imaging technology

AI /

After 14 years of developing inside of semiconductor giant Intel, RealSense is striking out on its own. RealSense sells cameras that use stereoscopic imaging, a process that combines two images of the same object from different angles to create depth, enhanced with infrared light. This technology helps machines like robots, drones, and autonomous vehicles have

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