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Amid rumors that TSMC declined expansion offers in Qatar, Taiwan’s second-largest foundry, UMC, revealed on May 28 that Middle Eastern countries also approached them for collaboration, according to Commercial Times and CNA. However, the reports note that UMC showed little interest, prioritizing Si...
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Amid CEO Lip-Bu Tan’s push to shake things up and streamline Intel’s leadership, Intel is reportedly parting with the sales head of data center, AI, and telecom, and its public sector sales lead, according to CRN. Uday Yadati’s exit as Intel’s VP of Data Center, AI, Networking, and Teleco...
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As the public comment window for the U.S. Section 232 semiconductor probe closed in early May, tension simmered across the chip industry—many feared that the lack of public response could increase the chances of steep tariffs. But according to data released by the Bureau of Industry and Security o...
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According to Liberty Times, citing Business Post, Ireland unveils a new plan outlining a series of support measures aimed at advancing its semiconductor industry. The government is reportedly offering subsidies worth several billion euros to attract tech giants like TSMC and Samsung to invest in the...
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Intel CEO Lip-Bu Tan has been working to steer the company toward a turnaround. According to Reuters, sources say Intel has explored the possibility of divesting its network and edge businesses, once known as NEX, as these segments no longer align with the strategic direction Tan is pursuing for the...