Intel, the world’s largest chip maker, said it’s offering a revamped version of its Xeon range in time for what it sees as the “biggest build-out of technology infrastructure in human history”.
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TSMC plans to invest $100-billion over the next three years to increase capacity at its chip-making plants, days after Intel announced a $20-billion plan to expand its advanced chip manufacturing capacity.
ARM, the British technology firm whose chip technology powers most of the world’s smartphones, on Tuesday released a new generation of technology aimed at taking over data centres and artificial intelligence applications.
Intel will greatly expand its advanced chip manufacturing capacity as the new CEO announced plans to spend as much as $20-billion to build two factories and to open up its facilities to outside customers.
He may not be the leader of the free world, but Pat Gelsinger has just put himself at the helm of the Great American Revival amid a technology cold war that the US is paranoid it will lose.
Shares in Taiwan’s TSMC fell nearly 4% on Wednesday after Intel announced a $20-billion plan to expand its advanced chip manufacturing capacity, even as Taiwan’s economy minister sought to downplay the impact.
China has pledged to boost spending and drive research into cutting-edge chips and artificial intelligence in its latest five-year targets, laying out a technological blueprint to vie for global influence with the US.
Nvidia forecast better-than-expected financial first quarter revenue on Wednesday, with its flagship gaming chips expected to remain in tight supply for the next several months.
Intel’s surprise resolve to stick with chip manufacturing is a move that ought to bring a sigh of relief to leading foundry Taiwan Semiconductor Manufacturing Co.
Intel gave an upbeat forecast for the current quarter on continued demand for PCs that enable working and studying from home. The stock jumped.