Mar 4, 2024, 4:00 PM EDT
Under CEO Pat Gelsinger, Intel has invested billions in building factories across three continents to restore its dominance in chip-making and better compete with rivals.
Intel shares have advanced 68% this year
Arm Holdings, the Cambridge, England-based designer of chips used in devices ranging from computers and smartphones to data servers is set to hold the biggest U.S. IPO in two years.
Commerce Secretary Gina Raimondo said the Chinese government's actions against U.S. firms are making China "uninvestable" for American businesses due to the risk and uncertainty.
Intel reported second-quarter earnings on Thursday, and showed a return to profitability after two straight quarters of losses.
Executives from several leading chipmakers met with Biden administration officials at the White House as the U.S. weighs new restrictions on semiconductor exports to China.
KPMG and Microsoft are expanding their multi-decade partnership to capitalize on AI which is swiftly making its way into the corporate and professional services industry.
GlobalFoundries’ lawsuit alleges that IBM illegally disclosed the chip maker’s intellectual property to IBM’s partners and unfairly received millions in licensing.
The EU Chips Act aims to tempt top chipmakers to manufacture in the region, but modest budget could impede attempts to catch up with the markets US and Asia.
China has been increasingly leveraging its merger-review process and antimonopoly rules to advance its national political and economic goals.