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Intel to spend $3.5 billion upgrading New Mexico chip facility


Recently, Intel announced plans to greatly expand its manufacturing, with a $20 billion investment going towards new chip making facilities. Today, we have an update on that front, with Intel announcing plans to spend $3.5 billion upgrading its factory in New Mexico. 
As reported by VentureBeat, Intel CEO, Pat Gelsinger, announced the $3.5 billion facility investment today. Additionally, Intel is planning to spend $10 billion on a new factory in Israel, as well as $20 billion to build two new factories in Arizona.
As has been well documented over the last year, the tech industry is facing a major shortage in manufacturing and fabrication availability, which has led to numerous delays and a major lack of supply. ....

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European High Performance Computing (HPC) Chipset Industry to 2026 - Players Include Intel, Cisco Systems and IBM Among Others


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The Europe High Performance Computing (HPC) Chipset Market is expected to witness market growth of 20.7% CAGR during the forecast period (2020-2026).
Currently, the GPU is widely utilized in both commercial & scientific applications & has witnessed a considerable development. The growth in the HPC chipset market is driven due to the massive parallel processing capability of GPU. GPU has seen quick development to become high-performance accelerators for data-parallel computing. Moreover, advanced GPUs have hundreds of processing facilities, which are able to attain up to 1 TFLOPS for single-precision (SP) arithmetic.
The adoption of high-performance computing in the cloud sector is the major factor that boosts the growth of the HPC chipset market. Using Cloud, a company can obtain immediately available & scalable computing resources and approximately indefinite storage at a moderate cost. ....

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