VENTURE CAPITAL POST

Intel plans to slow its multibillion-dollar expenditures in worldwide facilities, delaying the completion of its $25 billion chip production unit in Israel.

Intel Corp. and Apollo Global Management announced a joint venture to invest $11 billion in a chip-manufacturing facility in Ireland, with Apollo acquiring a 49% stake from Intel, aiming to close the deal in the second quarter.

Intel CEO Pat Gelsinger unveiled new AI processors for data centers.

The United States has withdrawn several licenses that allow companies to move materials, such as semiconductors, to the sanctioned Chinese telecoms equipment manufacturer Huawei Technologies.

Intel and other major tech companies have launched the Open Platform for Enterprise AI (OPEA) project.

In a move to rival Nvidia's AI chip dominance, Intel announces its new Gaudi 3 chip, boasting superior efficiency and speed compared to competitors.

Malaysia is increasingly attracting semiconductor factories amid escalating tensions between the US and China.

Despite generating $18.9 billion in sales, Intel's foundry business experienced a widening operating loss compared to the $5.2 billion loss in 2022.

In response to the US House passing a TikTok ban bill and amid fears of Chinese retaliation, China has initiated measures to exclude US-manufactured microprocessors, particularly from Intel and AMD.

The Biden administration's $20 billion grant to Intel aims to strengthen the semiconductor chip output in the U.S. and reduce dependency on foreign chip production, particularly from China and Taiwan.

The Israeli government has approved to give Intel a $3.2 billion grant for its upcoming $25 billion chip plant in southern Israel.

Wall Street analysts have identified five promising stocks for sustained growth. These stocks include Domino's Pizza and Intel, among others.

Intel And Microsoft Still Continue Ties As They Renew 'Wintel' Partnership

Intel announced the acquisition of Italian semiconductor company on April 5. Yogitech will enhance Intel's Advanced Driver Assistance Systems (ADAS) technology.

Microsoft started to ship the Development Editions kit for HoloLens on Wednesday. With its augmented reality device, the company offered a new perspective in virtual reality realm.