05 May 2022

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

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15 Feb 2022

Intel to buy Tower Semiconductor for $5.4 billion

Intel has agreed to buy Tower Semiconductor for $5.4 billion, the company announced Tuesday, as it seeks to meet rampant demand for computer chips. Intel shares were up more than 1% early trading. Tower Semiconductor rose more than 40%. The deal will give Intel a stronger foothold in specialty technologies in which

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14 Feb 2022

Intel says its new crypto chip is designed to be energy-efficient

Intel is investing in blockchain technology with a new chip designed to mine cryptocurrency (via Reuters). The company is focusing on sustainability, and plans on “developing the most energy-efficient computing technologies at scale.” Intel’s first crypto-focused chip, which it calls a “blockchain accelerator” is set to ship later this year. Two

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11 Feb 2022

Intel Announces Bitcoin Mining Initiative, Bonanza Mine Chips Ship This Year

Intel’s Raja Koduri penned a blog post that officially announces the company’s plans to enter the cryptomining/blockchain market with a roadmap of specialized energy-efficient accelerators. Intel will begin delivering the new chips, comprised of the Bonanza Mine ASICs that we recently unearthed, this year to several large customers as it

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21 Jan 2022

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

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25 Oct 2021

Brain-inspired, Light-enabled, Circuit-fueled: Neuromorphic Computing Innovation, Intel’s Chip Platform and Open-Source Developer Ecosystem

Innovation in “semiconductor computational capability, resources and size, weight, and power consumption (SWaP)” is the centerpiece of the five-year, $1.5 billion DARPA Electronics Resurgence Initiative and the $52 billion 2021 CHIPS Act.

Computing architectures drawing inspiration from biological neural systems have been considered for decades. Here is the latest on neuromorphic computing and how the technology fits into the innovation economy.

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21 Oct 2021

Microsoft, Intel and Goldman Sachs Team Up For New Supply Chain Security Initiative

Microsoft is working with Intel and Goldman Sachs to advocate for hardware security improvements that could be beneficial in mitigating supply chain risks. The companies have teamed up under the non-profit Trusted Computing Group (TCG), composing a new Supply Chain Security workgroup that aims to incorporate the expertise of individuals

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23 Jul 2021

Intel CEO Says Chip Shortage Could Stretch Into 2023

Intel CEO, Pat Gelsinger, says the semiconductor shortage could stretch into 2023, as chip supply disruptions are hitting companies and consumers globally. The shortage has caused rising prices for some consumer gadgets and harmed the auto industry immensely with production delays. Volkswagen warned the global shortage could worsen in the

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31 Mar 2021

Intel Sued Under Wiretapping Laws for Tracking User Activity on its Website

A class-action suit in Lake County, Florida, alleges that Intel unlawfully intercepted communications without user consent. The claim is backed by the usage of analytics technology on Intel’s company website. Intel capitalizes on session-replay software to capture the interactions of people visiting the corporate homepage, a violation of user rights.

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25 Jan 2021

Intel Confirms Unauthorized Access of Earnings-Related Data

Intel announced on Friday that the company’s stock dropped by as much as 9% on Friday due to reports that the chipmaker was forced to release Q4 2020 earnings early due to a cyberattack. According to the company, a third-party user accessed information related to earnings from the company. The

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