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Intel soars on preliminary Apple chip deal reports: More room to run?
Intel Corporation INTC has enjoyed a dream run this year, and its shares climbed more than 15% last week. The surge was ...
The semiconductor company will now wholly own Fab 34 after spending $14.2 billion to repurchase the 49% stake it sold to Apollo Global Management two years ago.
The deal would represent a profound boost for Intel and its ambition to become a major contract manufacturer for other large ...
Intel is quietly manufacturing chips for Apple's iPhones, iPads, and Macs — but only legacy and mid-range processors, not the advanced silicon TSMC still dominates.
Then, in January 2024, the dormant fab was booted up again. Intel funneled billions into the facility, including $500 million it was granted from the US CHIPS Act. Now, Fab 9 and its neighbor, Fab 11X ...
Apple and Intel are reportedly exploring a manufacturing partnership that could reshape how future Apple chips are produced.
Samsung, Intel and Taiwan Semiconductor are the only three companies in the world capable of manufacturing the most advanced ...
On April 7, Intel announced it would join the Terafab project as the foundry partner, alongside SpaceX, Tesla, and xAI. Musk had unveiled Terafab on March 21 at the defunct Seaholm Power Plant in ...
Many cuts pre-date the appointment last year of Lip-Bu Tan as CEO. Now, Tan is placing a long-term bet beyond the current crop of AI chips and doubling down on quantum processors and neuromorphic ...
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