Semiconductor giants Intel and TSMC are reportedly teaming up. The two firms are said to have reached a tentative agreement to create a joint venture that will operate Intel’s chipmaking facilities, according to The Information. TSMC will have a 20% stake in the new venture. Instead of funding its stake with capital, TSMC will share…
Category: Intel
AI, AI chips, Artificial Intelligence, Enterprise, Global Security News, Intel, semiconductor
Lip-Bu Tan says Intel will spin off non-core units
Intel’s new CEO Lip-Bu Tan wasted no time laying out his plans for the semiconductor giant. Speaking at the Intel Vision conference this week, Tan told attendees that the company will spin off assets that aren’t core to its mission, Bloomberg reported. Tan didn’t specify what was classified as core and non-core to the company’s…
AI, Artificial Intelligence, Cloud, Enterprise, enterprise startups, Global Security News, Intel, Intel Capital, Venture
A look at Intel Capital before the 34-year-old firm strikes out on its own
When Intel Capital announced its plans to spin out from semiconductor giant Intel in January, it came as a bit of a shock considering the firm has been operating as Intel’s venture investment arm since 1991. In many ways this decision marks the end of an era for what’s considered by some to be the…
AI, Enterprise, Global IT News, Global Security News, Intel
Intel could be in for significant changes as Lip-Bu Tan takes on CEO role
Intel’s new CEO Lip-Bu Tan seems ready to get right to work to turn around the struggling company. The semiconductor giant’s new executive is considering sweeping changes for the company’s chip manufacturing and AI strategies, according to Reuters, including cutting middle management staff and revamping the company’s approach to manufacturing chips. Tan reportedly told company…
Global IT News, Global Security News, Intel, openai, Social, SXSW, Waymo, Week in Review
Week in Review: SXSW week comes to a close
Welcome back to Week in Review! I’m Karyne Levy, TechCrunch’s deputy managing editor, and I’ll be writing this newsletter from here on out. Thrilled to be here! This week we’re checking out everything at SXSW; Waymo’s expansion into Silicon Valley; Intel’s new CEO; TikTok’s new suitor; and why DeepSeek isn’t taking VC money. Let’s get…
AI, AI chips, Enterprise, Global IT News, Global Security News, Intel, Pat Gelsinger, semiconductors
As Intel welcomes a new CEO, a look at where the company stands
Semiconductor giant Intel hired semiconductor veteran Lip-Bu Tan to be its new CEO. This news comes three months after Pat Gelsinger retired and stepped down from the company’s board, with Intel CFO David Zinsner and executive vice president of client relations Michelle Johnston Holthaus stepping in as co-CEOs. Tan, who was most recently the CEO…
Global IT News, Global Security News, Hardware, Intel
Intel appoints Lip-Bu Tan as its next CEO
Intel has appointed Lip-Bu Tan, a major figure in the semiconductor industry, as CEO, the company announced late Wednesday. Tan succeeds interim co-CEOs David Zinsner and Michelle Johnston Holthaus. He’ll also rejoin the Intel board of directors after stepping down from the board in August 2024, Intel said. Zinsner will remain Intel’s CFO, while Johnston…
chips, Global IT News, Global Security News, Hardware, In Brief, Intel
Intel delays its Ohio chip factory to 2030
Intel’s first chip fabrication plant in Ohio may not open until 2030 at the earliest. According to a report in The Columbus Dispatch, Intel has slowed the building of its promised $28 billion semiconductor project in central Ohio for the second time this year. Construction won’t be completed until 2030, the chipmaker told the publication,…
Broadcom, Global IT News, Global Security News, Government & Policy, Hardware, Intel, TSMC
Broadcom, TSMC reportedly exploring deals that would split up Intel
Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) are separately exploring deals to take over parts of Intel, according to a report in The Wall Street Journal. Broadcom is reportedly considering an acquisition of Intel’s chip-design and marketing business, and would want a partner for the company’s manufacturing business, while TSMC is reportedly looking at controlling…
AI, Enterprise, Exclusive, Global IT News, Global Security News, India, Intel, Intel Capital, Peak XV Partners, Startups, TrueFoundry
Intel Capital fuels TrueFoundry’s $19M funding to help boost AI deployments at scale
TrueFoundry, a startup offering enterprises a platform to deploy compound AI systems at scale, as raised $19 million in a Series A round led by Intel Capital. © 2024 TechCrunch. All rights reserved. For personal use only.
AI, antitrust, Asia Pacific, china, Enterprise, Global Security News, Google, Government & Policy, Intel, Tariffs, TC
China may probe Intel for antitrust: report
Amid China’s retaliation to recently-announced U.S. tariffs, Intel may find itself in the hot seat with China’s regulators. China is apparently considering an antitrust probe into semiconductor giant Intel, according to reporting from the Financial Times. This would be in addition to the set of tariffs against the U.S. that China announced on Monday. Per…
AI, Artificial Intelligence, Chips Act, Enterprise, Global IT News, Global Security News, Intel, intel corporation, semiconductor chips, TC
Intel has already received $2.2B in federal grants for chip production
Semiconductor giant Intel Corporation has already received $2.2 billion in federal grants from the U.S. Department of Commerce through the U.S. CHIPS and Science Act, the company shared during its Thursday earnings call. Dave Zinsner, Intel’s co-interim CEO, executive vice president and CFO, said the Silicon Valley-based company received the first tranche of $1.1 billion…
AI, AI chips, data center, Enterprise, falcon shores, Global IT News, Global Security News, Intel
Intel won’t bring its Falcon Shores AI chip to market
Intel is effectively killing Falcon Shores, its next-generation GPU for high-performance computing and AI workloads. The move comes as Intel tries to correct course after a number of disappointing product launches and historic losses, while competitors like AMD and Nvidia gain ground. Intel co-CEO Michelle Johnston Holthaus said during the company’s fourth-quarter earnings call Thursday,…
AI, CES, chips, cpus, Desktop, Enterprise, Global IT News, Global Security News, Intel, Laptop, Processors
Intel shows off its latest chip lineup at CES 2025
Fresh off of its worst year since going public in 1971, Intel is announcing new chips at CES 2025 that it hopes will turn its fortunes around. The product announcement is Intel’s largest since the company’s board of directors forced out CEO Pat Gelsinger. That’s not the only reason stakes are high. Intel’s 13th- and…