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

Pallavi Madhiraju- August 16, 2023

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 ... Read More

Intel and Ericsson forge strategic collaboration for next-gen 5G infrastructure

Pallavi Madhiraju- July 26, 2023

Intel and Ericsson have announced a strategic collaboration that will see Intel manufacturing custom 5G system-on-chip (SoC) units for Ericsson's future 5G infrastructure. The partnership ... Read More

Schneider Electric debuts Catalyze initiative for semiconductor value chain

Pallavi Madhiraju- July 15, 2023

Schneider Electric, a frontrunner in digital energy management and automation, has launched 'Catalyze', a novel partnership program aiming to hasten renewable energy access across the ... Read More

Dell, Intel boost AI education at Lords Institute of Engineering & Technology

Pallavi Madhiraju- July 11, 2023

Dell Technologies and Intel are bringing advanced artificial intelligence (AI) education to the Lords Institute of Engineering & Technology, Telangana through a significant partnership. In ... Read More

Inflection AI raises $1.3bn to make personal AIs available globally

Pallavi Madhiraju- July 3, 2023

Artificial intelligence (AI) studio Inflection AI announced a hefty $1.3 billion in funding raised in a recent round led by prominent investors including Microsoft, Reid ... Read More

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

Pallavi Madhiraju- June 19, 2023

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 ... Read More

Intel selects Poland for $4.6bn semiconductor assembly and test facility

Pallavi Madhiraju- June 19, 2023

Intel has announced its selection of a site near Wrocław, Poland, for a new state-of-the-art semiconductor assembly and test facility. The facility aims to address ... Read More

HCL Technologies, Intel launch hub for hybrid workplace solutions

BNT Reporter- September 13, 2022

India-based software firm HCL Technologies has expanded its partnership with Intel by launching a center of excellence to develop technology solutions for connected and secure ... Read More

Intel to acquire Israeli semiconductor company Tower Semiconductor

Pallavi Madhiraju- February 16, 2022

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 ... Read More

Intel to invest $20bn in two new chip factories in Licking County, Ohio

Pallavi Madhiraju- January 23, 2022

Intel said that it will make an initial investment of over $20 billion to build two new chip factories in Licking County, Ohio with an ... Read More