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Intel’s latest round of layoffs is reportedly underway, affecting employees in both the U.S. and Israel, according to Oregon Live and CTech. Oregon Live reports that the company began widespread job cuts on July 7, likely to impact thousands of workers. However, Intel has not disclosed how many ro...
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According to Israeli media outlet CTech, NVIDIA is seeking to acquire land in northern Israel for the development of a large-scale campus. The total investment—including land and construction—is expected to reach several billion dollars. If the plan moves forward, the site could become Israel’...
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Recently, two major acquisition announcements have made waves in the semiconductor industry: Onsemi has completed its acquisition of Qorvo's silicon carbide (SiC) JFET technology, and Lenovo has acquired the Israeli enterprise storage company Infinidat. Onsemi Completes Acquisition of Qorvo's SiC...
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Following the massive layoff in Oregon, U.S., which impacted around 1,300 employees, Intel has also started layoffs in Israel. According to a report by local media outlet Globes, over 1,000 Israeli employees have left Intel, the country’s largest private employer. Layoffs to Bring Intel Israel...
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According to a report from Globes, amid significant layoffs at Intel, many former employees from the company in Israel have made the move to NVIDIA, including veteran staff who have worked at Intel for a decade or more. The report noted that updates on LinkedIn indicate that at least 30 employees...