Faraday, Arm, and Intel forge alliance to develop 64-core System-on-Chip

Faraday, Arm, and Intel forge alliance to develop 64-core System-on-Chip

In a significant stride towards revolutionizing the semiconductor industry, Faraday Technology Corporation, a renowned leader in ASIC design services and IP solutions, has announced a strategic collaboration with tech giants Arm and Intel. This partnership is set to pioneer the development of a cutting-edge 64-core System-on-Chip (SoC) utilizing Intel’s advanced 18A technology. The SoC, integrating […]

Regulatory hurdles compel Intel, Tower Semiconductor to scrap $5.4bn deal

Regulatory hurdles compel Intel, Tower Semiconductor to scrap $5.4bn deal

Intel Corporation has confirmed its decision to abort the planned $5.4 billion acquisition of Tower Semiconductor (Nasdaq: TSEM), pointing to unexpected delays in obtaining necessary regulatory approvals. Originating from a merger agreement formalized on February 15, 2022, Intel now owes Tower Semiconductor a hefty termination fee amounting to $353 million as per the stipulated terms. […]

Intel, Germany finalize deal for €30bn wafer fabrication site in Magdeburg

Intel, Germany finalize deal for €30bn wafer fabrication site in Magdeburg

Intel has inked a revised letter of intent with the German federal government regarding the development of its wafer fabrication site in Magdeburg, Germany’s Saxony-Anhalt state capital. This agreement pertains to Intel’s enhanced investment in the location, now projected to exceed €30 billion for two pioneering semiconductor facilities in Europe. The updated agreement includes amplified […]

HCL Technologies becomes part of IFS Accelerator Design Services Alliance

HCL Technologies becomes part of IFS Accelerator Design Services Alliance

Indian global technology company HCL Technologies (HCLTech) said that it has joined the Intel Foundry Services (IFS) Accelerator Design Services Alliance, which aims to assist customers to expedite their ideas of silicon products into successful production. With the move, HCLTech will be able to develop innovative solutions for the entire chip manufacturing industry using its […]

Intel to acquire Israeli semiconductor company Tower Semiconductor

Intel to acquire Israeli semiconductor company Tower Semiconductor

Intel has signed a deal worth approximately $5.4 billion to acquire Israeli semiconductor company Tower Semiconductor in a move to creates a globally diverse end-to-end foundry to help address the growing demand for semiconductors. Tower Semiconductor, which is dual-listed on the Nasdaq and the Tel Aviv Stock Exchange, is a foundry for analog semiconductor solutions. […]

Wipro joins Intel Foundry Services’ newly launched ecosystem alliance

Wipro joins Intel Foundry Services’ newly launched ecosystem alliance

Wipro said that it has joined Intel Foundry Services’ newly launched ecosystem alliance dubbed as Intel Foundry Services (IFS) Accelerator – Design Services Alliance, which is aimed at accelerating customer innovation. Customer innovation will be spurred by the ecosystem alliance in chip design and manufacturing and convert ground-breaking ideas into implemented realities. Intel Foundry Services […]