SANTA CLARA, Calif.... --Intel said it is buying Israeli company Tower Semiconductor for$ 5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips. Intel CEO Pat Gelsinger said Tuesday that acquiring Tower will help expand Intel's newly formed “ foundry ” business that makes microprocessors for other firms. Intel will “ benefit from that decades of experience that Tower brings in how to run a global foundry, ” Gelsinger said o

Intel today announced the launch of the Intel Unnati Program to help equip engineering students in India with industry-relevant data-centric skills.... The chipmaker said that it plans to setup 100 Intel Unnati Data Centric Labs over the course of next year. The idea is to bring academia and industry together to address skills gap in the new age technologies.... Each Intel Unnati lab includes hardware and software stack recommendations from Intel, course content and co-branded course completio

Reaffirming its position as the leading network silicon provider, Intel has unveiled Intel Network Platform along with new additions to its product portfolio for 5G and edge at the MWC 2021. Intel Network Platform is a technology foundation that can reduce development complexity, accelerate time to market and help to ensure customers and partners can take advantage of the features in Intel hardware, from core to access to edge.It includes system-level reference architectures, drivers and softwar

Despite the undeniable success of the M1 Max and M1 Pro chips, a new report has suggested that Apple still has one last Intel-powered Mac in its pipeline, which is expected to launch next year. According to MacRumors, for Intel-based Mac Pro, one can expect the desktop to feature Intel's Xeon Scalable processor, which Intel says has" advanced performance, security, efficiency, and built-in AI acceleration to handle IoT workloads and more powerful AI." Currently, there are three Macs that Apple s

COLUMBUS, Ohio--Ohio offered Intel Corp. incentives worth roughly$ 2 billion to secure a new$ 20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest. The state's development director said Friday that the combination of tax breaks and incentives are likely the largest ever offered by Ohio for what state leaders say is the biggest economic development deal in its history. Santa Clara, California-based Intel, the worl

COLUMBUS, Ohio--Ohio offered Intel Corp. incentives worth roughly$ 2 billion to secure a new$ 20 billion chipmaking factory that the company says will help alleviate a global shortage and create a new technology hub in the Midwest. The state's development director said Friday that the combination of tax breaks and incentives are likely the largest ever offered by Ohio for what state leaders say is the biggest largest economic development deal in its history. Santa Clara, California-based Intel,

Chip giant Intel has been in India for over two decades and has been an integral part of the Digital India roadmap. Prakash Mallya, Vice President and Managing Director-Sales, Marketing and Communications Group, Intel India, in a conversation with Shivani Shinde, talks about Intel’s take-on issues such as the recent tech glitches that Indian government portals have seen, the pandemic’s impact on education and Intel in India.... Excerpts: What is the one big trend that will impact the future ado

LONDON--Chipmaker Intel scored a decisive legal victory Wednesday in a long-running battle against European Union competition watchdogs after a court reversed itself and threw out a billion euro antitrust fine issued more than a decade ago. The EU's General Court annuled the 1.06 billion euro fine($ 1.43 billion at current exchange rates) that competition regulators issued Intel in 2009 for allegedly using illegal sales tactics to shut out smaller rival AMD.It was the General Court's second deci

KUALA LUMPUR, Malaysia--Intel said it will invest 30 billion ringgit($ 7.1 billion) to expand its manufacturing operation in Malaysia as chipmakers work to diversify their global supply chains that were hit hard by the COVID-19 pandemic. The U.S. semiconductor company is no stranger to Malaysia, where it built its first offshore assembly plant in Penang in 1972. But the Santa Clara, California-based chipmaker said Thursday the new investment will expand the operations of its Malaysian subsidiary

HONG KONG--A$ 5.4 billion acquisition of Israeli chip manufacturer by Intel has been called off after China failed to sign off on the deal amid rising tensions with the United States.... It was a mutual decision between Intel and Tower Semiconductor, the companies said Wednesday.... Intel originally aimed to close the deal by the first quarter of the year, but later extended the deadline after it failed to receive approval from China....