How much has the semiconductor shortage cost?
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
Intel Reveals Plans for Massive New Ohio Factory, Fighting the Chip Shortage Stateside
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 Arm acquisition is now ‘highly unlikely’ to go through, analyst says
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 Arm acquisition undergoes more scrutiny by the UK government
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,
AI chip startup Cerebras nabs $250 million Series F round at over $4 billion valuation
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 plans $4B Singapore plant to meet chip demand
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