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U.S. Commerce Secretary Howard Lutnick confirmed in a CNBC interview that the administration is seeking a 10% stake in Intel, sparking fears of broader equity grabs from CHIPS Act recipients. But according to The Wall Street Journal, Washington has ruled out moves against major investors like TSMC a...
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Despite uncertainty clouding Intel's 18A roadmap, the embattled chip giant pushes forward with its AI strategy. Wccftech reports that Intel is developing its inaugural rack-scale AI solution powered by Jaguar Shores, which has surfaced online. Notably, images discovered by a HardwareLUXX editor s...
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U.S. Commerce Secretary Howard Lutnick, as per Reuters, is weighing a plan to swap CHIPS Act subsidies for equity stakes in recipients such as TSMC, Samsung, and Micron—an idea drawing intense scrutiny over both its impact and feasibility. According to the Economic Daily News, before the plan c...
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According to Chosun Biz, Intel’s financial strain, sweeping restructuring under CEO Lip-Bu Tan, and the cancellation of multiple projects have triggered an exodus of key talent — prompting Samsung Electronics and its affiliate Samsung Electro-Mechanics to reportedly recruit these departing Intel...
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As SoftBank unveiled a $2 billion Intel investment Monday, the Financial Times reported that prior talks between founder Masayoshi Son and Intel CEO Lip-Bu Tan explored ways to back Team Blue’s chipmaking business, including a potential outright buy of its foundry division—an option that ultimat...