Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News

      Listed: All the MVNOs in South Africa – 2025 edition

      19 June 2025

      TCS | Tech, townships and tenacity: Spar’s plan to win with Spar2U

      19 June 2025

      WhatsApp founders hated ads – Meta is adding them anyway

      19 June 2025

      China’s car factories run cold as price war masks deep overcapacity

      19 June 2025

      Yellow Card, Visa in deal to hasten stablecoin uptake in Africa

      19 June 2025
    • World

      Watch | Starship rocket explodes in setback to Musk’s Mars mission

      19 June 2025

      Trump Mobile dials into politics, profit and patriarchy

      17 June 2025

      Samsung plots health data hub to link users and doctors in real time

      17 June 2025

      Beijing’s chip champions blacklisted by Taiwan

      16 June 2025

      China is behind in AI chips – but for how much longer?

      13 June 2025
    • In-depth

      Meta bets $72-billion on AI – and investors love it

      17 June 2025

      MultiChoice may unbundle SuperSport from DStv

      12 June 2025

      Grok promised bias-free chat. Then came the edits

      2 June 2025

      Digital fortress: We go inside JB5, Teraco’s giant new AI-ready data centre

      30 May 2025

      Sam Altman and Jony Ive’s big bet to out-Apple Apple

      22 May 2025
    • TCS

      TCS+ | AfriGIS’s Helen Hulett on how tech can help resolve South Africa’s water crisis

      18 June 2025

      TechCentral Nexus S0E2: South Africa’s digital battlefield

      16 June 2025

      TechCentral Nexus S0E1: Starlink, BEE and a new leader at Vodacom

      8 June 2025

      TCS+ | The future of mobile money, with MTN’s Kagiso Mothibi

      6 June 2025

      TCS+ | AI is more than hype: Workday execs unpack real human impact

      4 June 2025
    • Opinion

      South Africa pioneered drone laws a decade ago – now it must catch up

      17 June 2025

      AI and the future of ICT distribution

      16 June 2025

      Singapore soared – why can’t we? Lessons South Africa refuses to learn

      13 June 2025

      Beyond the box: why IT distribution depends on real partnerships

      2 June 2025

      South Africa’s next crisis? Being offline in an AI-driven world

      2 June 2025
    • Company Hubs
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • AvertITD
      • Braintree
      • CallMiner
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • Incredible Business
      • iONLINE
      • Iris Network Systems
      • LSD Open
      • NEC XON
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Tenable
      • Vertiv
      • Videri Digital
      • Wipro
      • Workday
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and Media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Fintech
      • Information security
      • Internet and connectivity
      • Internet of Things
      • Investment
      • IT services
      • Lifestyle
      • Motoring
      • Public sector
      • Retail and e-commerce
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
    • Events
    • Advertise
    TechCentralTechCentral
    Home » Electronics and hardware » Intel would mull consortium deal to buy ARM

    Intel would mull consortium deal to buy ARM

    By Agency Staff18 February 2022
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    News Alerts
    WhatsApp
    Intel CEO Pat Gelsinger

    Intel expects its profit margin to drop this year and then be steady for several years as it invests in new technologies and factories to meet rising chip demand, but added it forecasts climbs from 2025.

    Intel CEO Pat Gelsinger also said Intel would be interested in participating if a consortium emerges to own the British semiconductor and software design company ARM.

    Gross margins are set to drop to 52% this year from nearly 58% last year on a non-Gaap basis, Intel said at its Investor Day conference on Thursday. It saw levels of 51-53% in 2023-2024 before a climb back to 54-58% the following years.

    I think the vision and strategy are strong, but there are still questions about their ability to execute

    Intel predicted a revenue increase of 1.7% to US$76-billion in 2022, then mid-to-high single digit percentage point growth in 2023-2024, followed by gains of 10-12% for 2025-2026.

    Shares fell about 1% in after-hours trading.

    “I think the vision and strategy are strong, but there are still questions about their ability to execute,” said Bob O’Donnell, an analyst for TECHnalysis Research. “The progress and time lines they laid out do seem reasonable.”

    David Zinsner, Intel’s new chief financial officer, promised rising revenue and profit. “We’re going to instil financial discipline through this company.” That includes using more outside capital for expansion as well as relying on local government grants, he said.

    Intel’s investment announcements over the past year include $20-billion for a new greenfield chip factory in Ohio. This week it said it would buy Israeli chip-maker Tower Semiconductor for $5.4-billion. Those investments will help Intel ramp up a business to build chips for other companies.

    Tower deal

    Gelsinger said in an interview on Thursday that the Tower deal doesn’t change its plans for investing in Europe and reiterated that an announcement would come soon.

    On ARM, he said there had been talk in the industry about forming a consortium even before Nvidia proposed to buy ARM from SoftBank Group. That deal, valued at up to $80-billion, officially collapsed last week. SoftBank cited regulatory hurdles and said it will seek to list the company.

    Gelsinger said Intel would be happy to see ARM do an IPO or be owned by a consortium.

    “We’re not big users of ARM, but we do use ARM. We’re going to get to be bigger users of ARM as we make it part of our IFS (foundry business) agenda as well,” he said. “So if a consortium would emerge, we would probably be very favourable to participate in it in some manner.”  — Jane Lanhee Lee and Eva Mathews, (c) 2022 Reuters



    ARM Intel Pat Gelsinger
    Subscribe to TechCentral Subscribe to TechCentral
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleMTN earnings to be hit by once-off costs
    Next Article Tussle over who gets South Africa’s Cop26 billions

    Related Posts

    Computex 2025 – key takeaways from Asia’s biggest AI tech show

    23 May 2025

    Intel’s AI reset

    25 April 2025

    Struggling Intel set to cut 20% of its workforce

    23 April 2025
    Company News

    Why parents choose CambriLearn for online education

    19 June 2025

    Disrupt first, ask questions later – the uncomfortable truth about incident response

    18 June 2025

    Sage brings together HR leaders to explore the future of payroll and people management

    18 June 2025
    Opinion

    South Africa pioneered drone laws a decade ago – now it must catch up

    17 June 2025

    AI and the future of ICT distribution

    16 June 2025

    Singapore soared – why can’t we? Lessons South Africa refuses to learn

    13 June 2025

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    © 2009 - 2025 NewsCentral Media

    Type above and press Enter to search. Press Esc to cancel.