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Chips

20 stories about Chips

China's three main goals in escalating chip war with US

26.03.24|Omer Kabir

China is expanding the war to the software front, and has also begun to block the use of chips made by Intel and AMD in government computers. The move will allow China to enhance national security, harm the US economically and create strong local competitors for the American chip companies

How Apple and US-China tensions ultimately led to the closure of a division at Orbotech

20.03.24|Sophie Shulman

Five years after its acquisition by U.S. company KLA, the flat panel display division at Orbotech is set to be closed, with the initial number of 100 layoffs expected to double by the end of the year

The rise and rise of Nvidia

22.02.24|Reuters

As Nvidia's stock soars, market experts ponder the path forward

מנכ"ל ו מייסד OpenAI סם אלטמן הפורום הכלכלי העולמי דאבוס 18.1.24

Sam Altman's $7 trillion chip dream: Bold vision or delusional fantasy?

18.02.24|Viki Auslender

The OpenAI CEO is making headlines again, reportedly trying to raise $7 trillion to reshape the global chip industry. However, the amount is completely unrealistic, computing power is already ravaging natural resources and the industry itself is skeptical of his true goal

Tower shutting down one Israeli chip factory, pegs hopes on Indian market

15.02.24|Sophie Shulman

CEO Russell Ellwanger said all of the employees from Fab 1 in Migdal Ha’Emek will receive offers to either work in Fab 2 or one of the factories abroad. "There's no point in keeping a factory alive if it's operating at a loss," said Ellwanger. "I've never been more bullish on Tower's future"

Tower’s Q4 revenue falls as auto chips supply glut adds uncertainty

14.02.24|Reuters and CTech

The Israeli chipmaker said it plans to phase out certain lower margin products without providing further details

Chipmaker Tower hoping to set up $8 billion plant in India

11.02.24|CTech and Reuters

Tower, seeking government incentives for its plan, is looking to manufacture 65 nanometre and 40 nanometre chips in India, according to the Indian Express

Intel-Israel negotiations revealed: What did the chip giant demand for $25 billion investment?

21.01.24|Shlomo Teitelbaum and Omer Kabir

Kfir Battat, Deputy Director of the Budget Department at Israel's Ministry of Finance, who led the talks with Intel, believes that even though the chip company did not make life easy for him and his colleagues, the final outcome is positive for both Israel and Intel

US attempts to curb Chinese AI are backfiring

09.01.24|Omer Kabir

Tech giants such as Alibaba, Tencent and Baidu are far from enthusiastic about Nvidia's weakened chips produced especially for the Chinese market. As a result, they have reduced imports from the US and are transferring orders of advanced chips to local developers such as Huawei

With massive investment, Intel reaffirms confidence in Israel

27.12.23|Omer Kabir

The chip giant approved the conditions for a huge investment in a new factory in Kiryat Gat and will receive an increased grant of $3.2 billion, or 12.8% of the total cost. Intel also committed to buy 60 billion shekels ($16.6 billion) worth of goods and services from Israeli suppliers over the next decade and the corporate tax it will pay will increase from 5% to 7.5%

Intel confirms additional $15 billion investment in Israeli chip plant

26.12.23|Omer Kabir and Reuters

Israel's government agreed to give Intel a $3.2 billion grant for the new plant in Kiryat Gat, with the chipmaker also committed to buying over $16 billion worth of goods and services from Israeli suppliers over the next decade

Tower extremely optimistic regarding chip business, but needs to back up words with results

21.12.23|Uri Tal-Tenne

In a presentation published with the third quarter reports, Tower revealed a long-term model of sales and profitability potential in which the company's revenues will jump to $2.66 billion, an increase of 87% compared to this year's expected revenues, and the operating profit will jump by 166% to $560 million

Intel will provide employees in Israel with up to $3,000 for personal expenses related to the war

27.10.23|Meir Orbach

“We’re highly confident in the capabilities of our Intel Israel team to continue to perform despite the atrocities”, said Pat Gelsinger, Intel CEO

מימין: מנכ"ל אינטל פט גלסינגר ומנכ"ל טאואר ראסל אלוואנגר

Tower and Intel sign $300 million foundry deal three weeks after cancellation of $5.4 billion merger

05.09.23|Reuters and CTech

The Israeli chipmaker will acquire and own equipment and other fixed assets to be installed at Intel’s New Mexico factory after receiving $375 million in compensation following the cancellation of the acquisition

Give their right Arm: Intel, Apple, Google all want a piece of chip giant

05.09.23|Omer Kabir

SoftBank, the controlling owner of chip development giant Arm, has recruited prominent names for what is set to be the biggest IPO of the year on Wall Street

Global chip market paying the price for Nvidia’s success

21.08.23|Omer Kabir

AI chip scarcity exacerbates disparity: How startups and tech giants navigate the challenge

Tower Semiconductor: Shifting from Intel to India?

21.08.23|Sophie Shulman

With Intel deal off, Tower Semiconductor could find new ground in India's thriving chip market

מימין מנכ"ל אינטל העולמית פט גלסינגר ומנכ"ל טאואר ראסל אלוונגר

Tower Semiconductor caught in tug-of-war between U.S. and China over chip supremacy

16.08.23|Omer Kabir

Intel’s $5.4 billion acquisition of the Israeli company faltered as geopolitical tensions reshape the chip landscape

Intel abandoning $5.4 billion acquisition of Tower Semiconductor

16.08.23|Reuters and CTech

Intel, which signed the deal to buy Tower in February 2022, did not secure approval from Chinese regulators for the acquisition of the Israeli company on time as required under the contract. Tower to receive $353 million break-up fee

Intel reverses pay cuts, will compensate employees with RSUs

02.08.23|CTech

Intel decided to compensate all employees who are entitled to it with restricted stock units in December

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