(credit: Andrew Cunningham) Intel has agreed to pay $5.4 billion to buy Tower Semiconductor, an Israeli foundry that focuses on specialty processes to make chips for imaging, power management, and wireless communications. The acquisition is Intel’s latest move to add capacity and customers to its new foundry division, which focuses on making chips for other […]
Enlarge / Intel’s rendering of its two new leading-edge processor factories planned to be built outside Columbus, Ohio. (credit: Intel) Intel announced the location of its megafab today, a 1, 000-acre parcel on the outskirts of the Columbus, Ohio, metro area. The semiconductor manufacturer plans to break ground on two leading-edge fabs by the end […]
Enlarge (credit: ony Avelar/Bloomberg) Intel is reportedly planning to build a large chip facility in New Albany, Ohio, a suburb of Columbus, the state capital. An official announcement is expected on January 21. The company reportedly plans to invest $20 billion in the site, and the city of New Albany is working to annex up […]
Enlarge / A woman examines a mask—a part used in wafer conception—at a show room of the United Microelectronics Corp (UMC) factory in Tainan, southern Taiwan. (credit: Sam Yeh | Getty) Earlier this year, the chip shortage seemed like it might ease sometime in 2022. Now, that forecast appears to have been optimistic. “The shortages […]
(credit: Andrew Cunningham) Activist hedge fund Third Point has taken a stake of nearly $1 billion in Intel and called on the chipmaker to consider shedding its manufacturing operations, throwing a core part of its strategy into question. The firm with $15 billion in assets run by Daniel Loeb made a number of demands in […]