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Intel, Chips
Intel’s big turnaround plan includes spinning off its chipmaking business
Intel is spinning off its chipmaking business as part of its plans to reverse billions in losses and a tumbling stock price. In an announcement on Monday, Intel CEO Pat Gelsinger said the Intel Foundry will become an independent subsidiary with “clearer separation and independence” from Intel.
Intel shares jump on chip deal with Amazon
Intel’s partnership with AWS is part of the chipmaker’s attempt to play catch-up. The new deal, along with a $3 billion grant from the US government to boost domestic chip making and make chips for the US military, “demonstrates the continued progress we are making to build a world-class foundry business,” Intel said in the statement.
Intel foundry business to make custom chip for Amazon, chipmaker's shares jump
Amazon's AWS cloud computing division already designs several chips for use in its data centers and has hired Intel to package at least one version.
Intel, Secure Enclave
Intel, Aiming to Reverse Slump, Unveils New Contracts and Cost Cuts
The Biden administration announced an award for the struggling chipmaker as part of an effort to establish secure supply sources for the Pentagon.
Intel Awarded up to $3 Billion From US for National Security Related Chip Production
(Reuters) - President Joe Biden's administration said on Monday that Intel Corp has been awarded up to $3 billion in direct funding under the CHIPS and Science Act for the Secure Enclave program.
Intel Gets Up to $3B for Semiconductor Production Under Secure Enclave Program
Intel has been awarded up to $3 billion in direct funding to expand semiconductor manufacturing under the Chips and Science Act, the microprocessor and semiconductor company said. The funding falls under the act's Secure Enclave program and builds on previous projects between Intel and the Defense Department,
Intel, Sony
In Depth
Exclusive: How Intel lost the Sony PlayStation business
Intel lost out on a contract to design and fabricate Sony’s PlayStation 6 chip in 2022, which dealt a significant blow to its effort to build its fledgling contract manufacturing business, according to three sources with knowledge of the events.
Intel almost designed the chip for the PlayStation 6
It looks like AMD will be designing the PlayStation 6, as Intel reportedly lost a contract to design the console two years ago.
PlayStation 6 chip leak points to backward compatibility
According to a new leak, Sony chose to use AMD chips over Intel on the PS6 in order to ensure the console would be backward compatible.
11h
on MSN
Intel CEO Moves to Further Cut Costs and Separate Chip Making and Design
Company will make manufacturing operations an independent subsidiary and pause construction on plants in Europe and Asia.
26m
on MSN
Intel CEO announces major restructuring, tells employees: “We need to fight for
Intel is transforming its foundry business into an independent subsidiary to enhance competitiveness in the semiconductor ...
4h
Intel setzt Magdeburg-Pläne aus, will KI-Chips für Amazon bauen
Intel-Chef Pat Gelsinger hat Amazon Web Services (AWS) als Kunden für das Auftragsfertigungsgeschäft des Chipriesen gewonnen.
ExtremeTech on MSN
15h
Intel Is Allegedly Working on a Entirely New x86 Architecture Named Cobra Core
Intel is reportedly trying out several new technologies to drastically improve single-core performance in upcoming ...
10h
on MSN
Intel’s Latest Plans Send Its Stock Soaring—What You Need To Know
Intel shares surged in extended trading Monday after CEO Pat Gelsinger offered an update on the company’s plans to cut costs ...
10h
on MSN
Germany's coalition argues over Intel subsidies in new budget dispute
A new budget dispute emerged within Germany's ruling coalition on Monday, with the finance ministry saying funds no longer ...
13h
on MSN
Intel’s stock could register biggest two-day gain in 22 years on upbeat foundry moves
Semiconductor stocks are weak on Monday, but Intel Corp. shares are a rare bright spot.
13h
Intel Confirms $3 Billion Defense Department Chips Act Grant
Intel Corp. said on Monday that it’s eligible to receive as much as $3 billion in US government funding to manufacture chips ...
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