Intel's Chipmaking Division Sees $13 Billion Loss in 2024, But Recovery in Sight
Intel's chipmaking division reports a $13 billion loss in 2024, but quarterly losses narrow to $126 million, signaling a potential turnaround.
Semiconductors
Intel Receives $2.2 Billion in Federal Grants for US Semiconductor Manufacturing
Intel gets $2.2 billion in federal grants from the US CHIPS and Science Act to boost domestic semiconductor manufacturing, with $5.66 billion more to come.
Nvidia Under Investigation: China Probes Acquisition of Mellanox Amid Ongoing US-China Tech Tensions
China's market regulator launches probe into Nvidia's $7 billion acquisition of Mellanox, amid escalating US-China tech rivalry and trade restrictions
NXP Acquires TTTech Auto for $625 Million, Boosting Autonomous Vehicle Capabilities
Dutch semiconductor giant NXP acquires Austrian safety software company TTTech Auto, enhancing its position in the autonomous vehicle market.
US Commerce Department Awards Intel $7.865 Billion Under CHIPS Act
Intel receives significant funding to boost domestic semiconductor production under the US CHIPS and Science Act, with implications for the industry and national security.
US Finalizes $6 Billion CHIPS Act Funding for Samsung and Texas Instruments
The US Commerce Department awards Samsung and Texas Instruments with over $6 billion in funding for US chip manufacturing under the CHIPS Act, boosting domestic production and investment.
China Considers Antitrust Probe into Intel Amid US Tariff Retaliation
China may launch an antitrust investigation into Intel, its largest market, in response to US tariffs, potentially impacting the chipmaker's $15.5 billion in annual Chinese revenue.
Arm to Start Manufacturing Its Own Chips, Lands Meta as First Customer
Arm, a leading semiconductor company, is shifting its strategy to manufacture its own chips, with Meta as its first high-profile customer, marking a significant change in the industry.
Broadcom and TSMC Explore Deals to Acquire Parts of Intel's Business
Rivals Broadcom and TSMC are separately exploring deals to take over parts of Intel's business, including chip design and manufacturing, amid the company's struggles.