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Lusix lost $65 million as lab-grown diamond prices plummeted
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Intel

20 stories about Intel
חדר נקי ב מפעל אינטל ב קריית גת

"Intel can no longer afford to build a production line without knowing in advance who its customers will be"

13.06.24|Sophie Shulman
The freeze on construction at the Kiryat Gat Intel plant is a severe blow to Israel, potentially creating ripples throughout the industry. This situation arises from internal troubles within the faltering company, which is hesitant to open a new plant without having customers, especially since subsidies abroad are much higher.
מפעל שבבים אינטל קרית גת

Intel halts construction of new $25 billion factory in Israel

10.06.24|Sophie Shulman
Intel's suppliers received notice of the cancellation of contracts for the supply of equipment and materials required for the establishment of the company's new factory over recent days. The Ministry of Finance was aware of the company's decision to halt the establishment of the plant. 
Lunar Lake מעבד אינטל

Intel pins AI comeback hopes on Israel-developed Lunar Lake chip

04.06.24|Omer Kabir
"Lunar Lake is more efficient in artificial intelligence performance compared to what most of the competitors have today," Arik Gihon, the architect of Lunar Lake at Intel, told Calcalist. "It's able to perform more operations per second than any other processor (for laptops) today, including the Qualcomm processor. And it's completely Israeli."
מטה אנבידיה בסנטה קלרה קליפורניה

Nvidia’s financial leap confirms accelerating AI industry

23.05.24|Omer Kabir
Nvidia smashed revenue forecasts with a 262% jump to $26 billion. Net profit soared 628% to $14.88 billion. The company raised its forecasts and expects revenues of $28 billion in the next quarter
שלומית וייס מנהלת ראשית של ארגון ההנדסה של אינטל העולמית

SVP Shlomit Weiss leaving Intel amid engineering reorganization

17.04.24|Omer Kabir
Weiss returned to Intel three years ago to serve as senior vice president and co-general manager of its Design Engineering Group. Intel confirmed her departure but asserted that Weiss' retirement was unrelated to an ongoing engineering reorganization process
ציוד של ASML המשמש לייצור מוליכים למחצה

The price of failure: Dutch company's chip monopoly born from a bad bet by Intel

15.04.24|Omer Kabir
China or the US, who holds the real power in the global chip industry? Behind the investments in manufacturing giants such as Intel and TSMC is an assumption that whoever controls chip production has the power to direct the future of the global economy. But the real power may not be in the hands of the chip manufacturers themselves, but rather ASML, the company that owns the technology to manufacture the expensive machines that are used to manufacture the chips.
סין ארה"ב שבב שבבים

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
מימין ניר בצלאל מנכ"ל Moovit ניר ארז נשיא Moovit

Nir Erez stepping down as Moovit CEO after 13 years

07.03.24|Sophie Shulman
Erez, who headed the company since its founding and through its $1 billion acquisition by Intel, will transition to the role of President and advisor to new CEO Nir Bezalel
בניין אינטל ב חיפה

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
אמנון שעשוע Amnon Shashua Mobileye

What's the real reason Mobileye's shares plummeted by 25%?

07.01.24|Sophie Shulman
Was the dramatic drop in the stock of the autonomous vehicle technology company a transient setback or a precursor to graver issues?
פט גלסינגר אינטל

Intel has sights on Nvidia with new GenAI spinoff

04.01.24|Omer Kabir
The new company, Articul8, is being established in collaboration with the digital-focused asset manager DigitalBridge. Intel hopes that the move will help improve its position in the hottest market in tech, where it is lagging behind Nvidia - the first chip company to reach a trillion dollar valuation
פט גלסינגר מנכ"ל אינטל ה עולמית

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%
אינטל קריית גת

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
מטה טאואר סמיקונדקטור במגדל העמק

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
Lisa Cohen

Lisa Cohen joins Intel Capital as Partner

20.11.23|Meir Orbach
Cohen’s previous roles included spearheading investments in Israel for Innogy, acquired by E.ON, and serving as Investment Director at Jerusalem Venture Partners
פט גלסינגר מנכ"ל אינטל ה עולמית

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
פאדי קוסגרייב פאדי קוסגרוב

Intel pulls out of Web Summit after founder accused Israel of war crimes

19.10.23|Meir Orbach
Intel and Siemens have both announced they will not take part in the event due to Paddy Cosgrave’s remarks about Israel violating international law and committing war crimes in its war against Hamas
איסוף תרומות ו ציוד ל תושבי עוטף עזה ב תל אביב

Global tech giants stand with Israel: Companies and funds offer support and donations

10.10.23|Omer Kabir, Meir Orbach, Lital Samet
Foreign tech giants and venture capital funds have expressed solidarity with Israel following murderous Hamas attack
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
מנכ"ל Arm רנה האס שבבים

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
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