Intel has stumbled badly at a time when smaller rival AMD and others are picking up speed. It says it will regain its balance this year.
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Intel slid in late trading in the US after giving a dire forecast, hurt by sinking demand from PC customers.
Apple’s push to replace the chips inside its devices with homegrown components will include dropping a key Broadcom part in 2025.
Taiwanese President Tsai Ing-wen said moves by the island’s most valuable chip maker to build factories overseas is a sign of its power abroad.
Intel is splitting its graphic chips unit into two as it realigns the business to better compete with Nvidia and AMD.
Promoted | Intel’s 12th-gen Core processors offer a vast range of computing options to empower businesses of all sizes.
Intel is hitting all the targets it has set on a path to regain leadership in semiconductor manufacturing, it said.
Promoted | Intel Xeon Scalable 3rd Gen processors not only bring the flexibility that businesses need, but they also infuse AI everywhere, from the edge to the cloud.
Apple is preparing to begin sourcing chips for its devices from a plant under construction in Arizona.
AMD launched its latest data centre chip and said Microsoft, Google and Oracle would be some of its customers.