Nvidia and Intel’s $5 billion deal is apparently about eating AMD’s lunch
Nvidia and Intel's $5 billion deal is apparently about eating AMD's lunch Today, Nvidia CEO Jensen Huang and Intel CEO Lip-Bu Tan held a joint webcast to explain just why the world’s most valuable company (Nvidia’s at $4.28 trillion) is throwing a $5 billion lifeline to a struggling competitor. Nvidia quickly shut down several possible […]
Nvidia invests $5 billion into Intel to jointly develop PC and data center chips
Nvidia invests $5 billion into Intel to jointly develop PC and data center chips Nvidia is throwing Intel a $5 billion life raft, just weeks after similar stakes from the US government and SoftBank. Nvidia is investing $5 billion in Intel common stock in a collaboration that will see the pair “jointly develop multiple generations […]
US government takes 10 percent stake in Intel in exchange for money it was already on the hook for
US government takes 10 percent stake in Intel in exchange for money it was already on the hook for Trump revealed the news during a briefing about the World Cup. | Photographer: Annabelle Gordon/UPI/Bloomberg via Getty Image The US is investing $8.9 billion into Intel, but most of the funds come from money that the […]
Trump says the US is taking a 10 percent stake in Intel
Trump says the US is taking a 10 percent stake in Intel Trump made the announcement during a briefing about the World Cup. | Photographer: Annabelle Gordon/UPI/Bloomberg via Getty Image President Donald Trump has confirmed that the US will take a 10 percent stake in Intel. During a press conference on Friday, Trump said Intel […]
Intel will receive a $2 billion lifeline from SoftBank
Intel will receive a $2 billion lifeline from SoftBank SoftBank will invest $2 billion into Intel as the struggling chipmaker pulls back on spending and lays off thousands of workers. In an announcement, SoftBank CEO Masayoshi Son said the investment aligns with the firm’s belief that “advanced semiconductor manufacturing and supply will further expand in […]
Trump demands CEO of Intel resign over ties to China
Trump demands CEO of Intel resign over ties to China Tan was named Intel CEO just five months ago. | Image: Bloomberg via Getty Images President Donald Trump has called for Lip-Bu Tan to immediately resign as Intel’s CEO over his reported ties to Chinese tech firms. The demand follows Arkansas Senator Tom Cotton questioning […]
Intel reveals it will lose 33,000 employees this year and retreat in Germany, Poland, and Costa Rica
Intel reveals it will lose 33,000 employees this year and retreat in Germany, Poland, and Costa Rica In April, Intel attempted to announce layoffs without announcing layoffs. “We have not set any headcount reduction target,” Intel spokesperson Sophie Metzger told The Verge. But the company has laid off thousands of employees since — and today, in […]
Microsoft’s Copilot Plus features might arrive on desktop PCs later this year
Microsoft's Copilot Plus features might arrive on desktop PCs later this year Microsoft’s Copilot Plus features might arrive on desktop PCs later this year Microsoft’s latest Windows AI features arrived first on new Copilot Plus PCs last year, but they were limited to a special range of laptops. That looks set to change thanks to […]
Intel is closing its automotive chipmaking business
Intel is closing its automotive chipmaking business Intel is shutting down its business dedicated to making processors for cars. In a memo seen by The Oregonian, Intel tells workers that it plans to lay off “most” employees in the division, citing plans to shift focus to its “core client and data center portfolio.” “As part […]
Acer Swift 14 AI review: give it up for the ports
Acer Swift 14 AI review: give it up for the ports The best part about pictures of this laptop is that the speakers can’t hurt you. The Acer Swift 14 is all over AI the place. It has powerful chip options, exceptional battery life, and loads of ports for such a portable laptop. The keyboard […]