After finalizing the USD 6.6 billion chips award to TSMC and USD 1.5 billion to GlobalFoundries lately, the Biden administration now reportedly mulls to reduce Intel's initial USD 8.5 billion federal CHIPS grant following delays in the company's investments and ongoing business challenges, according...

While rumors have been circulating that Intel is seeking to sell at least a minority stake in Altera, one of its FPGA (Field Programmable Gate Array) peers seems to be interested in the unit. Lattice is reportedly exploring a potential bid to acquire Intel's Altera unit in its entirety, according to...

Apple is anticipated to release its lightest and thinnest smartphone, the iPhone 17 Air, next year, featuring the A19 chip, according to MacRumors. Industry sources cited by Economic Daily News reveal that TSMC will likely remain Apple’s exclusive supplier for high-end processors. TSMC’s 3nm pro...

Following the massive layoff in Oregon, U.S., which impacted around 1,300 employees, Intel has also started layoffs in Israel. According to a report by local media outlet Globes, over 1,000 Israeli employees have left Intel, the country’s largest private employer. Layoffs to Bring Intel Israel�...

In order to counter the competition from chip rivals such as AMD and NVIDIA, Intel reportedly plans to scale up its outsourcing efforts by handing over to TSMC more 3nm orders for its upcoming Lunar Lake and Arrow Lake chipsets in 2025, according to industrial sources cited by Commercial Times. T...