According to a source familiar with the matter at hand, Intel Corp is close to acquiring Israel’s Tower Semiconductor for around $6 billion. The deal comes at a time when Intel is looking to advance its strategy of contract manufacturing chips… Read More ›
Intel Corp
Intel launches chip for mining bitcoins, minting NFTs
In a statement Intel Corp said it has launched a new chip specifically designed for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. Intel’s new chip is slated to ship… Read More ›
Sk Hynix completes 1st phase of acquisition of Intel’s NAND flash memory chip business
In a statement South Korean chipmaker SK Hynix Inc said, it had completed the first phase of its acquisition of Intel Corp’s NAND flash memory chip business, having received regulatory nods from eight countries. The acquisition, which was signed in 2020, will… Read More ›
Intel discloses stake in cryptocurrency exchange Coinbase Global Inc
In a statement Intel Corp disclosed that it has taken a small stake in U.S. cryptocurrency exchange Coinbase Global Inc. Its stake is less a million dollars. As of June 20, Intel held around 3,014 shares of Coinbase’s Class A… Read More ›
FCA joins BMW, MobileEye and Intel led alliance for self-driving vehicle technology
Joining the alliance is a strategic move since it will give FCA a leg up in sharing the enormous cost burden of autonomous self-driving vehicle technology. Fiat Chrysler has become the latest carmaker to join the self-driving alliance led by… Read More ›