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Last week, semiconductor giant Intel reported weak quarterly earnings, with announcements made on a massive 15% cut of workforce and an over 20% reduction on capital expenditures in 2024. Now the company seems to make up its mind on cost-cutting, as it has started notifying attendees that its fall I...
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According to a report from The Chosun Daily, major tech companies like NVIDIA are considering using Intel's foundry services (IFS) as an alternative due to TSMC's packaging capacity shortages. While packaging is a core competency for semiconductor foundries, Samsung, which is facing difficulties in ...
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According to a report from Reuters citing sources on August 7th, American chip giant Intel had an opportunity to invest in OpenAI several years ago but ultimately had the investment rejected by company executives, resulting in a missed opportunity. Reportedly, Intel and OpenAI discussed collabora...
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AI industry has been driving semiconductor industry to advance forward. Benefited from the surge in AI-driven demand for advanced process chip, foundry industry is experiencing a gradual turnaround, while demands for consumer chip and automotive chip have not yet fully recovered, and competition rem...
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While surrounded by concerns raised by the USD 1.6 billion net loss in Q2 and the large-scale layoff plan, Intel has finally shared some good news. It announced on August 6th that its next-gen 18A process has achieved a major milestone, and will start production in 2025. The semiconductor giant s...