Intel
Intel and Samsung Rumored to Form ‘Semiconductor Avengers’ Alliance to Challenge TSMC
October 22, 2024 – According to a report published by Maeil Business Newspaper on October 21st, Intel has reached out to Samsung Electronics to form a “foundry alliance” in order to counterbalance the dominance of TSMC in the semiconductor manufacturing industry. The report cites an Intel executive who recently contacted Samsung Electronics, expressing the desire…
Intel CEO Delivers First Panther Lake Processor Sample to Lenovo
October 17, 2024 – At the 2024 Lenovo Tech Innovation Conference, Intel CEO Pat Gelsinger personally handed over the first sample of the Panther Lake processor to Lenovo CEO Yang Yuanqing. Gelsinger emphasized that the collaboration between Intel and Lenovo, which began with the Meteor Lake and Lunar Lake processors, as well as the long-battery-life…
Historic Moment: Intel and AMD Unite to Defend the x86 Ecosystem
October 16, 2024 – In a surprising move, Intel announced today that they have formed an x86 Ecosystem Advisory Group with AMD, marking a historic collaboration between the two tech giants. This group aims to shape the future of the x86 architecture, simplify software development, and ensure interoperability and consistent interfaces. According to Intel CEO…
Apollo Eyes Potential $5 Billion Investment in Intel
September 23, 2024 – According to Bloomberg, asset management company Apollo is considering a potential equity investment in Intel, with a maximum amount reaching 5billion.Thisinvestment,whichequatestoapproximately5.493.19 billion, reflects Apollo’s confidence in Intel’s strategic transformation plan. However, informed sources have indicated that Intel executives are still weighing Apollo’s proposal, and no final decision has been made. Not…
Intel to Deliver Custom Xeon 6 Processors for Amazon AWS
September 18, 2024 – According to a press release from both Intel and Amazon Web Services (AWS) on the 16th of this month, Intel will not only manufacture an AI fabric chip for AWS on the Intel 18A node, but will also provide customized server CPUs for the cloud computing giant. The announcement builds upon…
Intel to Close Shannon R&D Center in Ireland, Impacting 750 Jobs
September 13, 2024 – According to a report by The Irish Times on September 6th, employees at Intel’s research and development department have been informed that the company plans to shut down its factory located in Shannon, County Clare, Ireland by the end of next year. The company’s operational base in Ireland will be relocated…
Altera Dismisses Rumors of Being Sold by Intel, Stays Focused on 2026 IPO
September 13, 2024 – Rumors have been swirling in the industry about Intel’s potential plans to sell off its subsidiary, Altera. However, in a recent interview, Altera’s CEO Sandra Rivera firmly debunked these speculations. She stated unequivocally that Intel remains committed to its goal of facilitating Altera’s IPO by 2026 and currently has no intentions…
Intel CEO Gelsinger to Unveil ‘Cost-Cutting, Efficiency-Boosting’ Plan for Company Revival
September 02, 2024 – According to a report by Reuters, citing informed sources, Intel CEO Pat Gelsinger and his executive team are expected to submit a plan to the company’s board later this month. The plan aims to revive the fortunes of the once-dominant chipmaker by divesting unnecessary businesses and reorganizing capital expenditure. The proposed…
Intel CEO Pat Gelsinger to Deliver Keynote at ISSCC 2025, Highlighting Foundry Advances
August 10, 2024 – According to a report by the Korean media outlet, Chosun Ilbo, Intel CEO Pat Gelsinger will attend and deliver a keynote speech at the upcoming IEEE International Solid-State Circuits Conference (ISSCC) in San Francisco, scheduled for February 16-20, 2025. This marks the first time Gelsinger will speak at the plenary session…
Intel Faces Shareholder Lawsuit After $32 Billion Market Value Evaporation
August 08, 2024 – Intel, the U.S. chipmaking giant, faced a class-action lawsuit from its shareholders on Wednesday, according to a report by Reuters. The plaintiffs accused the company of concealing significant operational issues, leading to poor performance, massive layoffs, and the suspension of dividends. Consequently, the company’s stock price evaporated more than $32 billion…