Taiwan’s leading role in chipmaking has come under the spotlight amid a global shortage of semiconductors. On top of being the world’s largest chip producer, Taiwan has also become the world’s top spender on semiconductor equipment, dethroning South Korea and China. According to the global semiconductor trade association (SEMI), Taiwan was the largest buyer of…
Taiwan Becomes The World’s Top Spender In Semiconductor Equipment, Dethroning South Korea and China
Intel Shares Shoot up on Plan to Take Mobileye Public
Intel Corporation shares traded 9 percent higher at $55.66 in the pre-market session on Tuesday after the company announced it is looking to take its driver assistance and autonomous driving solutions subsidiary Mobileye public some time during the coming year. Mobileye released a statement stating that the company, with the full support of Intel’s board,…
Intel Moves Forward With COVID-19 Vaccine Mandate for All US Staff
Intel has told its employees in an internal memo that it will, starting Jan. 4, require employees to be fully vaccinated against COVID-19 or receive a medical or religious exemption, as the company moves to comply with the Biden administration’s federal contractor mandate, multiple media outlets have reported. The staff message from the chipmaker—Oregon’s biggest…
Intel, Sequoia Linked to AI Company That Worked for Chinese Military: Report
November 5, 2021
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News Analysis Major U.S. firms, including Intel and Sequoia Capital, have maintained financial and research ties with a Chinese company known to provide artificial intelligence to Beijing’s military, according to a new report by the Center for Security and Emerging Technology (CSET) at Georgetown University. 4Paradigm, a major enterprise AI company headquartered in Beijing, was…
Intel Teams With Google Cloud to Develop New Class of Data Center Chip
Intel Corp. and Alphabet Inc.’s Google Cloud on Wednesday said they have worked together to create a new category of chip that Intel hopes will become a major seller in the booming cloud computing market. The new chip, which is called Mount Evans and will be sold to others beyond Google, reflects the way that…
Intel Launches New PC Chips, Says US Supercomputer Will Double Expected Speeds
Intel Corp. on Wednesday introduced a new, faster family of processor chips for personal computers and said that the supercomputer it is helping the U.S. government to build will reach double previously expected speeds. Intel is working to regain its lead in making the fastest computing chips after having lost its title to rivals such…
Nasdaq, S&P 500 End Lower, Dragged Down by Communications Services
October 23, 2021
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The S&P 500 and Nasdaq closed lower on Friday as disappointing quarterly reports from Snap Inc. and Intel Corp. put pressure on the communications and technology sectors and investors turned skittish as Federal Reserve Chair Jerome Powell discussed stimulus tapering. The Dow managed to end the day with a record closing high for the first…
Nasdaq Set for Lower Open After Intel’s Margin Warning
October 22, 2021
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The Nasdaq was set for a lower open on Friday after chipmaker Intel warned of lower profit margins, while Snap Inc. led declines among social media firms after flagging a hit to digital advertising from privacy changes by Apple. Intel Corp. slid 9.5 percent in premarket trading as it missed third-quarter sales expectations, while its…
Chip-makers Said They Will Meet Chip Data Request Amid Global Supply Crisis: Commerce Dept.
Companies including Intel, GM, Infineon, and SK Hynix have signaled they will cooperate with a voluntary request for data on the global chips crisis, the U.S. Department of Commerce said on Thursday. The Department noted that while the data request is currently voluntary, it may make it compulsory depending on the number and quality of responses. The…
Intel Breaks Ground on $20 Billion Arizona Plants as US Chip Factory Race Heats Up
Intel Corp on Friday broke ground on two new factories in Arizona as part of its turnaround plan to become a major manufacturer of chips for outside customers. The $20 billion plants—dubbed Fab 52 and Fab 62—will bring the total number of Intel factories at its campus in Chandler, Arizona, to six. They will house…
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