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 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
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
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
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
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.
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
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
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.
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