Intel


2024-10-22

[News] Intel Explores Foundry Alliance with Samsung in High-Level Talks

According to a report by the Maeil Business Newspaper, U.S. semiconductor giant Intel has reached out to Samsung Electronics to explore the possibility of forming a foundry alliance. Citing sources in the semiconductor industry, the report reveals that a senior Intel executive recently requested ...

2024-10-18

[News] Intel Steps Back from AI Race with NVIDIA, Shifts Focus to Cost-Effective Solutions with Gaudi 3

According to a report from Wccftech, Intel has stepped away from competing with NVIDIA in AI computing power and the market of training large-scale AI models. Instead, the company is now entering a less saturated segment of the AI market, focusing on its new cost-effective AI accelerator, Gaudi 3. ...

2024-10-18

[News] Intel Reportedly Aims to Raise Billions through Sale of Minority Stake in Altera

Rumors have been circulating for a while that Intel is considering to sell off its FPGA unit Altera, and later subsided as Altera reiterated that it still eyes an IPO in 2026. However, Intel’s stance of regarding Altera to be a critical part of its core business seems to waver, according to the la...

2024-10-17

[News] TSMC’s C.C. Wei Declares No Interest in Acquiring Intel’s Fab, Emphasizes ‘AI is Real’

At TSMC's third-quarter earnings call on the 17th, Chairman C.C. Wei was asked about potential interest in Intel's spin-off of its IDM business. According to a report from TechNews, Wei responded with two decisive "No's," indicating that TSMC has no interest in acquiring the businesses. C.C. Wei...

2024-10-17

[News] Intel Begins Major Layoffs in Oregon, Cutting 1,300 Jobs as Part of Its 15% Workforce Reduction Plan

Intel, having given a heads-up that it plans to let go 15,000 employees by year-end, has reportedly fired the first shot. According to Tom’s Hardware, the struggling giant has started issuing formal layoff notices to 1,300 employees at its Gordon Moore Park facility in Oregon. The report notes ...

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