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INTEL FOUNDRY EXPANSION
Intel stock skyrockets 8%: Can AMD stock keep pace amid AI chip surge and $14.2 billion fab deal?Intel stock jumped 8% to $47.50 on Wednesday. AMD stock gained 3% near $209 as AI chip demand surged. Intel announced a $14.2 billion repur...
INTC stock today surges near 52-week highs: Malaysia expansion, Apple Foundry speculation, and AI optimism are driving Intel stock upINTC stock: Intel shares are soaring, nearing their yearly peak. This rise is fueled by government and partner investments, a return to pro...
US plans 1:1 chip production rule to curb overseas reliance, WSJ reportsThe US is considering requiring chipmakers to match imports with domestic production or face tariffs. Trump’s proposal, aimed at economic s...
Why Intel’s problems can’t be fixed by the US governmentIntel's struggles have prompted a controversial government intervention, with the US taking a 10% equity stake. Concerns arise about politi...
Intel rescue will depend on Trump as investor — and pitchmanThe US government is considering taking a stake in Intel to bolster domestic chip production, even as analysts question whether funding alo...
Intel struggles with key manufacturing process for next PC chip, sources sayIntel’s advanced 18A chipmaking process, key to regaining its lead in high-end semiconductor manufacturing, is facing yield issues. Early t...
GlobalFoundries boosts investment plans to $16 billion, with research focusThe Malta, New York-based company said it is working with the Trump administration to bring chip manufacturing technology and various compo...
Tata Electronics goes tech talent fishing in Intel poolTata Electronics, on an expansion spree, is aggressively hiring senior talent, particularly from Intel. Former Intel executives like Reda M...
How Intel lost the Sony PlayStation businessIntel missed out on a significant contract to design and fabricate the chip for Sony's PlayStation 6, which was awarded to rival AMD. The d...
Intel exploring division split, M&A to cope with historic slumpMorgan Stanley and Goldman Sachs Group Inc., Intel’s longtime bankers, have been providing advice on the possibilities, which could also in...
Joe Biden to announce Intel chips grant in Arizona next weekThe company has sought grants to fund expansion plans in both Ohio and Arizona, a critical political swing state that Joe Biden, who is run...
US awards $1.5 billion to GlobalFoundries for semiconductor productionEarlier in January, the commerce department announced a $162 million planned award to Microchip Technology and $35 million to a BAE Systems...
A forgotten chipmaker may be key to ending the global shortageGlobalFoundries is betting that as the global chip industry keeps spending money to accelerate toward the leading edge, those who hang back...
Global chip supply shortages could take a couple of years to address: Intel CEO Pat Gelsinger"We have been working diligently with our partners... to address constraints and increase output to meet demand, and we are acting to help ...
India-born Randhir Thakur to head newly created foundry business for IntelIndian origin leaders have been instrumental in transforming and leading some of the global technology giants in the recent years.
- AMD to split, gets Abu Dhabi investment
AMD, the number two US computer chip maker, announced it was splitting into two companies after receiving a huge infusion of capital from t...
- AMD to spin off factories in bid to save money
In a move to dramatically cut costs and better compete with Intel Corp., chip maker Advanced Micro Devices Inc said it will spin off its fa...