Tue, 21-Oct-2025

Biden hails Intel’s $20b chip plant investment amid shortage

Joe Biden

WASHINGTON: President Joe Biden on Friday praised Intel’s plans to spend $20 billion on a new US semiconductor facility, hailing the ‘historic’ investment even as a global chip shortage fans the inflation wave weighing on his leadership. Biden is urging manufacturers to bring production back to the United States, which was once a leader in … Read more

EU court annuls €1 billion antitrust fine against Intel

intel

BRUSSELS: An EU court on Wednesday annulled a €1.06 billion ($1.2 billion) fine against US chipmaker Intel, finding that Brussels had failed to adequately prove anti-competitive practices in a key aspect of the case, a statement said. The decision by the Luxembourg-based General Court came 12 years after the original fine, the bloc’s fourth biggest … Read more

Redmi teases new G notebook with Ray tracing, coming on Sept 22

Redmi teases new G notebook with ray tracing, coming on Sept 22

Redmi has teased its new G notebook which will be unveiled on September 22. It will have Ray tracing support, according to the official Weibo account. The successor to last year’s Redmi G featured a 16.1″ 1080p 144Hz screen with a 10th-gen Intel Core i5-10300H and up to Nvidia GTX 1650 Ti. This year’s Redmi … Read more

Intel agrees to acquire GlobalFoundries for $30 billion

intel

Intel Corp is in talks to buy semiconductor manufacturer GlobalFoundries Inc for about $30 billion, the Wall Street Journal reported as saying on Thursday. According to the report talks come as a semiconductor shortage is hobbling industries around the globe. A deal could help Intel ramp up production of chips at a time demand is at … Read more

Intel to supply self-driving systems for delivery trucks: Reports

intel

The world’s largest processor company Intel to supply self-driving systems to Silicon Valley startup Udelv, which plans to have a fleet of autonomous delivery vehicles in action within two years. Mobileye chief Amnon Shashua said in a statement that, “Our deal with Udelv is significant for its size, scope, and rapid deployment timeline,” “COVID-19 has accelerated demand … Read more

Intel to spend 20 Billion dollars on US chip plants

intel

The world’s largest processor maker company Intel will spend 20 Billion Dollars to develop two new chip plants in the United States. As per reports, this decision will increase the production of chips in the US and Europe. The move comes after the shortage of the semi-conductor, which are used in a growing array of … Read more

Intel’s new rocket lake-s CPU releasing on 15 March

intel

The processor-making company Intel will supposedly launch its 11th Gen Core series of CPUs on march 15th. Earlier, the company had only confirmed that the Rocket Lake-S series chips will be available within the first quarter of this year, but now a new report has claimed that the chips will launch on 15th March 2021. … Read more

Increased demand for PCs and Smartphones strained global tech supply chain

smartphone-oled-display-prices-drop-due-to-oversupply

The Increasing demand for PCs and smartphones thriving across the globe, the tech supply chain has been strained this year. Tech giants are struggling to keep up with demand as their supply chains are working around the clock to deliver. According to the reports, companies like Intel, MediaTek, and Realtek have all been asking UMC … Read more