In its first quarter results the company said Covid-19 lockdowns in Shanghai and Russia’s war in Ukraine were “further increasing supply chain risk and contributing to inflationary pressures”, exacerbating the shortage. Pat Gelsinger, CEO of Intel, said: “In the supply chain, lockdowns in Shanghai and the war in Ukraine have demonstrated

As part of an effort to regain its position as a leading maker of semiconductors amidst a global chip shortage, Intel is committing $20 billion to build a manufacturing mega-site in New Albany, on the outskirts of Columbus, Ohio, the company exclusively confirmed to TIME. The chipmaker says it will build

Nvidia’s $40 billion acquisition of U.K. chip designer Arm is looking increasingly unlikely to go through, according to Gartner semiconductor analyst Alan Priestley. The deal is facing a growing number of regulatory probes around the world, Priestley said, pointing to concerns in the U.K., the EU, the U.S. and China. “I

Nvidia’s $40 billion proposed acquisition of the Brtish chip designer, Arm, will undergo an even more in-depth investigation by the UK’s Competition and Markets Authority (CMA), as reported by CNBC. A notice on the UK government’s website confirms that Nadine Dorries, the UK’s Secretary of State for Digital, Culture, Media,

Cerebras Systems, the five-year-old AI chip startup that has created the world’s largest computer chip, on Wednesday announced it has received a Series F round of $250 million led by venture capital firms Edge Capital via its Alpha Wave Ventures and Abu Dhabi Growth Fund. Returning investors participating in the

GlobalFoundries has reportedly begun construction on a $4 billion facility that will manufacture semiconductors. The facility is located in Singapore and aims to meet the growing chip demand. The company states that its long-term customer agreements have already been formed in key market segments such as 5G and automotive. The