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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...
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While U.S. Commerce Secretary Howard Lutnick confirmed in a CNBC interview that the administration is pursuing a 10% stake in Intel, Washington is considering going further. According to Reuters, Lutnick is exploring a plan to take equity stakes in other CHIPS Act recipients—such as TSMC, Samsung,...
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As AI chips grow more powerful, they generate massive heat that threatens system stability and performance, making advanced cooling the critical bottleneck for cloud giants' data centers and NVIDIA alike. While liquid cooling dominates today, NVIDIA is expected to embrace immersion cooling post-Rubi...
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After CEO Lip-Bu Tan met with President Donald Trump last week, Intel seems to be getting some breathing air amid struggles, as the chipmaker scored a $2 billion boost from SoftBank, which bought shares at $23 each, just below Intel’s $23.66 close, CNBC reports. Meanwhile, the company could als...
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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...