Pentagon scraps plan to spend US$2.5 billion on Intel grant
THE Pentagon pulled out of a plan to spend as much as US$2.5 billion on a chip grant to Intel, sources familiar...
Intel-backed Astera seeks US$534 million in IPO with AI appeal
ASTERA Labs and its investors are seeking to raise as much as US$534 million in an initial public offering as the Intel-backed...
Intel stands to win US$3.5 billion to produce chips for military
THE United States government is poised to invest US$3.5 billion in Intel so the chipmaker can produce advanced semiconductors for military and...
Intel sees AI opportunity for standalone programmable chip unit
ARTIFICIAL intelligence (AI) offers a growing and potentially lucrative opportunity for Intel’s freshly standalone programmable chip unit, its CEO Sandra Rivera said.
Microsoft will use Intel to manufacture home-grown processor
INTEL has landed Microsoft as a customer for its made-to-order chip business, marking a key win for an ambitious turnaround effort under...
Intel tumbles as chipmaker falls further behind in AI race
INTEL slumped more than 12 per cent on Friday (Jan 26) following a bleak first-quarter revenue outlook, as the chipmaker plays catch-up...
AEM faces weak outlook on key customer Intel’s revenue guidance
SEMICONDUCTOR test solutions provider AEM Holdings may be in for a tough year, analysts said, after major customer Intel provided guidance that...
Intel forecasts quarterly revenue below estimates, stock falls
INTEL on Thursday (Jan 25) forecast revenue for the first quarter that could miss market estimates by more than US$2 billion, as...
Intel challenges Nvidia, Qualcomm with ‘AI PC’ chips for cars
INTEL said on Tuesday (Jan 9) that it will launch automotive versions of its newest artificial intelligence (AI) enabled chips, taking on...
Intel spins out AI software firm with backing from DigitalBridge
INTEL on Wednesday (Jan 3) said it was forming a new independent company around its artificial intelligence software efforts with backing from...