Intel is close to buying Israeli firm Tower Semiconductor for about $6-billion, a source said, a move aimed at competing better with Taiwan’s TSMC.
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Global chip sales hit a record in 2021 at $555.9-billion, up 26.2% on the year, and topping a trillion units for the first time ever.
Intel has launched a new chip for blockchain applications such as bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies.
A whopping $600-billion of cash stashed at mega-cap technology companies could drive a wave of deal-making in the sector.
Vodacom parent Vodafone will work with Intel and other silicon vendors to design its own chip architecture for OpenRAN network technology.
For all the talk about Intel’s entry into the chip foundry business, it’s easy to forget there’s another competitor plugging away in South Korea.
Intel has won an historic victory in its fight in the European Union courts over a record €1.06-billion antitrust fine.
Intel plans to spend $20-billion on a chip-making hub that the company expects to grow to be the world’s biggest silicon manufacturing site.
TSMC’s market capitalisation has surpassed Tencent Holdings’ to make it Asia’s most valuable company.
TSMC spent a record $30-billion last year on factories that churn out the world’s most advanced chips. It seems even that wasn’t enough.