Stay updated with breaking news from Intel Chips. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Intel revealed its plans to acquire Silicon Mobility, a French startup known for designing system-on-a-chip technology and software for controlling electric vehicle motors and onboard charging systems
Berlin had agreed subsidies worth nearly 10 billion euros with the U.S. chipmaker, a person familiar with the matter had told Reuters when Intel announced its plans.
Intel is the leading candidate to potentially receive billions of dollars in government funding for secure facilities producing microchips for U.S. military and intelligence applications.
Intel said Sandra Rivera, an Intel veteran, will oversee the new unit, which will keep using Intel's factory to make its chips. Intel said it has started "an extensive internal and external search" to replace Rivera, who currently oversees the company's data center and artificial intelligence chip business that competes with Nvidia and Advanced Micro Devices .
ALBAWABA - In a bold move, the European Union (EU) Commission has once again wielded its regulatory power, this time hitting US chip giant Intel with a