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2025-08-15

[News] Altera, Spun Off From Intel Earlier This Year, Reportedly Cutting Nearly 100 Jobs

According to San Francisco Chronicle, Altera—the programmable chipmaker recently spun off from Intel—plans to cut about 82 jobs at its San Jose headquarters, based on a Worker Adjustment and Retraining Notification (WARN) filed with the state of California. The job cuts at Altera were announc...

2025-08-15

[News] Trump Administration Reportedly Mulling a Stake in Intel Amid U.S. Manufacturing Push

According to The Wall Street Journal, sources say Intel and the Trump administration are in talks over a potential deal that would see the U.S. government take a stake in the struggling chipmaker. Trump reportedly discussed the idea with Intel in a Monday meeting at the White House, though detail...

2025-08-15

[News] Applied Materials Warns of Q4 Revenue Drop on China Slowdown, Tariff Worries

Following peers ASML and Tokyo Electron signaling caution on 2026 prospects, U.S. chipmaking equipment leader Applied Materials forecast a drop in fourth-quarter revenue, blaming sluggish demand in China and choppy orders from customers rattled by tariff-driven uncertainty, according to Reuters. ...

2025-08-15

[News] China Claims No. 2 Globally in Computing Power, Holds 60% of AI Patents

According to a report from Central News Agency, China’s State Council Information Office held a press conference on August 14 to highlight the achievements of the country’s “14th Five-Year Plan” (2021–2025). Among these, China’s total computing power reportedly ranks second in the world,...

2025-08-15

[News] China’s Beijing E-town Files $13.9M Suit Against Applied Materials Over Alleged Plasma Tech Theft

With chipmaking tools at the center of the U.S.-China tech war, Chinese equipment maker Beijing E-town Semiconductor has sued U.S. giant Applied Materials for allegedly stealing trade secrets, seeking 99.99 million yuan ($13.9 million) in damages for violating China's Anti-Unfair Competition Law, ac...

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