Ian King Bloomberg
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Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel will spin off assets that aren’t central to its mission and create new products. The company needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said.
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Nvidia Looks to Expand AI Reign With New Chips, Personal Supercomputers
Nvidia’s CEO Jensen Huang address concerns that the cost of AI computing is spiraling out of control. At the event, Huang unveiled more powerful chips and related technology that he said would provide a clearer payoff to customers.
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AMD Adds Dell as Commercial PC Customer for the First Time
Dell has decided to use AMD chips in some of its computers aimed at business customers, according to AMD executives who are speaking Monday at the CES show in Las Vegas.
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Nvidia Closes Acquisition of Israeli Software Startup Run:ai
Nvidia has completed the acquisition of Run:ai, an Israel-based software startup.Nvidia declined to comment on the deal’s value. Israeli newspaper Calcalist reported in April that the value of the transaction was $700 million.
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Intel Says It’s an Open Question Whether to Break Up Company
Intel Corp. Chief Financial Officer Dave Zinsner said that a formal separation of the company’s factory and product-development divisions is an open question. The outcome will be decided by the next leader of the company. Intel’s struggles to keep pace with rivals — along with its deteriorating financial condition — have spurred speculation...
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Qualcomm’s Interest in Acquiring Intel Is Said to Have Cooled
Qualcomm’s interest in pursuing an acquisition of Intel has cooled. The complexities associated with acquiring all of Intel has made a deal less attractive to Qualcomm, said some of the people, asking not to be identified discussing confidential matters.
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Qualcomm, Arm Climb After Earnings Signal Smartphone Rebound
Qualcomm and Arm released their quarterly results within minutes of each other Wednesday and held overlapping conference calls. It was notable timing for two companies engaged in an escalating legal fight.
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Arm to Scrap Qualcomm Chip Design Licence in Feud Escalation
Arm, based in the UK, has given Qualcomm a mandated 60-day notice of the cancellation of their so-called architectural license agreement, according to a document seen by Bloomberg. The contract allows Qualcomm to create its own chips based on standards owned by Arm.
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Nvidia CEO Says ‘Reasoning’ AI Will Depend on Cheaper Computing
Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said. This will transform the way AI systems handle inference — the ability to spot patterns and draw conclusions.
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Arm Rebuffed by Intel After Inquiring About Purchase of Chipmaker's Product Unit
Arm Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale. Intel is separating the chip product division from its manufacturing operations.
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Apollo Global Said to Offer $5 Billion Investment in Intel
Apollo Global Management has offered to make a multibillion-dollar investment in Intel Corp. The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, people with knowledge of the matter said on Saturday, raising the prospect of one of the biggest-ever M&A deals.
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Nvidia Says It Has ‘Not Been Subpoenaed’ by the US Department of Justice in Probe
Nvidia has said that the US DOJ is sending out subpoenas as part of an antitrust probe -- but the company has not yet been subpoenaed. The DoJ has sent such a request seeking information about Nvidia’s acquisition of RunAI and aspects of its chip business, a person with direct knowledge of the matter has told the media.
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Intel Unveils New AI Chip, Gaudi 3, in Bid to Challenge Nvidia
Intel is rolling out a new version of its artificial intelligence chip, aiming to challenge Nvidia Corp. in one of the fastest-growing parts of the semiconductor industry. The updated processor, called Gaudi 3, will be widely available in the third quarter, Intel said at a company event Tuesday.
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Intel Announces Core Ultra, Xeon Processors for PCs and Servers in Bid to Join AI Gold Rush
Intel, the biggest maker of personal computer processors, announced new chips for PCs and data centres that the company hopes will give it a bigger slice of the booming market for artificial intelligence hardware.
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Apple Renews Qualcomm Deal to Cover iPhone Launches Till 2026 in Sign Its Own Modem Chip Isn’t Ready
Apple is extending an agreement to get modem semiconductors from Qualcomm for three more years, a sign that its ambitious effort to design the chips in-house is taking longer than expected. Qualcomm shares surged on the news.
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Intel CEO Lip-Bu Tan Says Company Will Spin Off Non-Core Units
Intel will spin off assets that aren’t central to its mission and create new products. The company needs to replace the engineering talent it has lost, improve its balance sheet and better attune manufacturing processes to meet the needs of potential customers, Tan said.
-
Nvidia Looks to Expand AI Reign With New Chips, Personal Supercomputers
Nvidia’s CEO Jensen Huang address concerns that the cost of AI computing is spiraling out of control. At the event, Huang unveiled more powerful chips and related technology that he said would provide a clearer payoff to customers.
-
AMD Adds Dell as Commercial PC Customer for the First Time
Dell has decided to use AMD chips in some of its computers aimed at business customers, according to AMD executives who are speaking Monday at the CES show in Las Vegas.
-
Nvidia Closes Acquisition of Israeli Software Startup Run:ai
Nvidia has completed the acquisition of Run:ai, an Israel-based software startup.Nvidia declined to comment on the deal’s value. Israeli newspaper Calcalist reported in April that the value of the transaction was $700 million.
-
Intel Says It’s an Open Question Whether to Break Up Company
Intel Corp. Chief Financial Officer Dave Zinsner said that a formal separation of the company’s factory and product-development divisions is an open question. The outcome will be decided by the next leader of the company. Intel’s struggles to keep pace with rivals — along with its deteriorating financial condition — have spurred speculation...
-
Qualcomm’s Interest in Acquiring Intel Is Said to Have Cooled
Qualcomm’s interest in pursuing an acquisition of Intel has cooled. The complexities associated with acquiring all of Intel has made a deal less attractive to Qualcomm, said some of the people, asking not to be identified discussing confidential matters.
-
Qualcomm, Arm Climb After Earnings Signal Smartphone Rebound
Qualcomm and Arm released their quarterly results within minutes of each other Wednesday and held overlapping conference calls. It was notable timing for two companies engaged in an escalating legal fight.
-
Arm to Scrap Qualcomm Chip Design Licence in Feud Escalation
Arm, based in the UK, has given Qualcomm a mandated 60-day notice of the cancellation of their so-called architectural license agreement, according to a document seen by Bloomberg. The contract allows Qualcomm to create its own chips based on standards owned by Arm.
-
Nvidia CEO Says ‘Reasoning’ AI Will Depend on Cheaper Computing
Nvidia will set the stage for these advances by boosting its chip performance every year by two to three times, at the same level of cost and energy consumption, Huang said. This will transform the way AI systems handle inference — the ability to spot patterns and draw conclusions.
-
Arm Rebuffed by Intel After Inquiring About Purchase of Chipmaker's Product Unit
Arm Holdings approached Intel about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale. Intel is separating the chip product division from its manufacturing operations.
-
Apollo Global Said to Offer $5 Billion Investment in Intel
Apollo Global Management has offered to make a multibillion-dollar investment in Intel Corp. The development comes as San Diego-based Qualcomm floats a friendly takeover of Intel, people with knowledge of the matter said on Saturday, raising the prospect of one of the biggest-ever M&A deals.
-
Nvidia Says It Has ‘Not Been Subpoenaed’ by the US Department of Justice in Probe
Nvidia has said that the US DOJ is sending out subpoenas as part of an antitrust probe -- but the company has not yet been subpoenaed. The DoJ has sent such a request seeking information about Nvidia’s acquisition of RunAI and aspects of its chip business, a person with direct knowledge of the matter has told the media.
-
Intel Unveils New AI Chip, Gaudi 3, in Bid to Challenge Nvidia
Intel is rolling out a new version of its artificial intelligence chip, aiming to challenge Nvidia Corp. in one of the fastest-growing parts of the semiconductor industry. The updated processor, called Gaudi 3, will be widely available in the third quarter, Intel said at a company event Tuesday.
-
Intel Announces Core Ultra, Xeon Processors for PCs and Servers in Bid to Join AI Gold Rush
Intel, the biggest maker of personal computer processors, announced new chips for PCs and data centres that the company hopes will give it a bigger slice of the booming market for artificial intelligence hardware.
-
Apple Renews Qualcomm Deal to Cover iPhone Launches Till 2026 in Sign Its Own Modem Chip Isn’t Ready
Apple is extending an agreement to get modem semiconductors from Qualcomm for three more years, a sign that its ambitious effort to design the chips in-house is taking longer than expected. Qualcomm shares surged on the news.
