Intel


2024-08-02

[News] Funding for Applied Materials’ USD 4 Billion R&D Center Reportedly Denied by the U.S. Government

Semiconductor giants like Intel, TSMC, Samsung and Micron have received huge amount of grants from the U.S. government, funded through the CHIPS and Science Act. However, chip making equipment maker Applied Materials is said to be in a different scenario. According to reports by Bloomberg and Tom’...

2024-08-02

[News] Intel’s Earnings Fall Short, Cutting Over 15% of Workforce

Intel not only reported earnings and forecasts that fell short of Wall Street expectations but also announced plans to cut more than 15% of its workforce, halt dividend payments for Q4 2024 (October-December), and reduce its full-year capital expenditure forecast by more than 20%. According to In...

2024-07-30

[News] Intel Hires Micron Executive to Lead Its Foundry Business

According to a report from Commercial Times, after suffering a multi-billion-dollar loss in its foundry business, Intel has recruited Naga Chandrasekaran, a veteran responsible for process technology development at Micron, as its Chief Operating Officer. Intel is reportedly facing setbacks in dev...

2024-07-30

[News] Without Taiwan’s Semiconductor Manufacturing, U.S.’ AI Capabilities May Eventually Be Caught up by China

As the U.S. presidential election approaches, uncertainties also arise. Compared with the stance in President Biden’s term, U.S. presidential candidate Trump shows a remarkably different attitude regarding the “Taiwan issue,” while he highlights the “America First” agenda further. Howev...

2024-07-29

[News] SK hynix is Reportedly Considering U.S. IPO for its NAND/SSD Subsidiary Solidigm

South Korean memory giant SK hynix, after announcing soaring financial results in Q2 and its massive investment in Yongin Semiconductor Cluster last week, is now reportedly considering another move: US IPO for its Solidigm subsidiary. According to the reports by Blocks & Files and Korea media...

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