Navigating the Future of International Technology
Intel’s stock price surged nearly 4% during early trading following the announcement of a significant chip-making deal with Amazon’s cloud business. The deal with AWS is a positive development for Intel and could help the company turn around its struggling foundry unit. OUR TAKEThe collaboration with AWS marks a pivotal moment for Intel’s foundry unit,…
Intel CEO Pat Gelsinger is preparing to lay out a series of cost-cutting measures and strategic divestitures to the company’s board of directors at an upcoming mid-September meeting. The most notable moves are the potential divestiture of its programmable chip unit, Altera, and a reconsideration of capital spending, including possible halts or delays to the…
Experts from Intel and Microsoft talked about optimising AI applications using the OpenVINO toolkit for better performance on personal and edge devices. New advances in AI technology showcased in Shanghai promise to accelerate application development, creating both opportunities and challenges for data security. OUR TAKEThe Joint Developer Day, which was held in Shanghai by Intel…
Leaks ahead of the IFA show in Berlin suggest that Lenovo is about to release Copilot+ laptops powered by an undisclosed 8-core Qualcomm Snapdragon X Plus processor. The show brings more hardware announcements, including Intel’s next-generation Lunar Lake processors and PCs supporting Microsoft’s Copilot+ platform. OUR TAKEAt the upcoming IFA show in Berlin, Lenovo and…
US Republican Senator Rick Scott has queried Intel’s CEO over plans to cut over 15,000 jobs, despite the company’s receipt of nearly $20 billion in US grants and loans intended to boost semiconductor production and create jobs. Scott has questioned the Commerce Department’s awards, fearing a lack of metrics to protect taxpayer funds from companies…
Intelligent automation, powered by artificial intelligence and machine learning, is revolutionising the way businesses operate. Intelligent automation has a broad range of potential use cases. It’s rapidly grown in popularity, becoming a major differentiator for process automation. Intelligent automation (IA) is reshaping how businesses operate, offering significant benefits in efficiency, accuracy, and customer satisfaction. By…
The news of Tan’s departure comes at a challenging time for Intel, which plans to cut more than 15% of its workforce. Tan said that stepping down from Intel’s board was a personal decision and that he remains supportive of the company and its important work. OUR TAKELip-Bu Tan, a semiconductor industry veteran, was brought…
Intel shares rose more than 3% in early trading on Friday as the company works with investment bankers and considers its options. Expanding its chip manufacturing base is central to Intel’s transformation efforts, which are focused on becoming a contract manufacturer for other chip companies. OUR TAKEIntel’s disappointing quarterly report in early August, coupled with…
TIME magazine’s second annual TIME100 AI list recognises 100 influential figures, including 15 leaders, 25 innovators, 24 thinkers, and 36 shapers. The list highlights the rapid evolution of the AI industry with 91 new entrants in 2024. OUR TAKEThe TIME100 AI list effectively captures the dynamic and transformative nature of the AI landscape. It highlights…
Intel projects its contract chip manufacturing business will generate substantial revenue by 2027, with talks underway with 12 potential customers. The company is focusing on its 18A manufacturing process while continuing its turnaround plan, including workforce reductions and streamlining operations. OUR TAKEIntel’s push to challenge TSMC and Samsung in the chip manufacturing space faces obstacles,…