Some have more than 50 billion tiny transistors, 10,000 times smaller than the width of a human hair. It was made on huge, ultra-clean factory room floors that could be seven stories high and four football fields long. Microchips are in many ways the lifeblood of the modern economy. They power computers, smartphones, cars, appliances, […]
Tag: Intel
Intel unveils $88 billion chipmaking expansion plan for Europe
LONDON (AP) — US chip manufacturer Intel On Tuesday, it announced plans to invest up to €80 billion ($88 billion) across Europe as part of an ambitious expansion aimed at addressing the imbalances in the global semiconductor industry that are causing massive chip shortages. CEO Pat Gelsinger said: Intel investing the money “across the entire […]
Intel to Invest At least $19 Billion for New Chips Factory in Germany
Intel on Tuesday selected the German city of Magdeburg for its next major chip manufacturing facility, continuing a dramatic expansion aimed at reducing reliance on Asian factories for vital components. The Silicon Valley company said it expects to build at least two semiconductor factories, valued at around 17 billion euros, worth around $19 billion, in […]
EU court awarded Intel $1.2 billion antitrust fine.
In a defeat for the European Union’s tech antitrust efforts, a top court on Wednesday awarded a $1.2 billion fine against him. Intel on its applications to beat a competitor in the semiconductor industry more than a decade ago. Court aforementioned The European Commission, the 27-nation bloc’s main antitrust regulator, made significant mistakes about the […]
Intel announces $20 billion Ohio plant as Joe Biden battles semiconductor
Intel It plans to invest $20 billion in a semiconductor factory outside of Columbus, Ohio. White House On Friday, President Biden said as he seeks to spur US production to combat a global chip shortage. The White House said the new facility will create 7,000 construction jobs and 3,000 permanent jobs. “Today’s announcement is the […]
Intel Corp. apologizes for asking suppliers to stay away from Xinjiang
BEIJING (AP) – Intel Corp. On Thursday, the world’s largest chipmaker apologized for asking suppliers to refrain from sourcing goods from Xinjiang after it joined other foreign brands facing state media anger over complaints of abuses of power. Communist Party in the predominantly Muslim region. IntelThe Global Times, a newspaper published by the ruling party, […]
Intel to Open Mobileye to the Public in 2022
Intel announced on Monday that Mobileye, a subsidiary that develops driver assistance technology for leading automakers in Israel, will go public next year. The giant chipmaker said Intel will retain majority ownership of Mobileye, and the two companies will continue to collaborate on technologies for the automotive market. Mobileye’s management team will continue as CEO […]
