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Thursday 5 December 2024
Another one bites the silicon: Intel's Gelsinger joins 2024's CEO exodus
Intel CEO Pat Gelsinger announced his retirement today, though sources indicate the board presented him with an ultimatum to either resign or face termination. This development adds...
Wednesday 4 December 2024
Microchip to close Arizona fab amid revenue slowdown
Microchip Technology announced plans to shut down its Fab 2 facility in Tempe, Arizona, as part of a broader restructuring effort amid declining revenue and persistent inventory challenges...
Wednesday 4 December 2024
Intel's CEO search widens its scope: Marvell chief, Cadence veteran emerge as candidates
Following Pat Gelsinger's retirement announcement, Intel is reportedly expanding its search for a successor beyond company ranks. The chipmaker has enlisted a headhunting firm and...
Wednesday 4 December 2024
AWS unveils Amazon Nova models
AWS has expanded beyond its existing Titan series with the introduction of the Nova family of AI models. The announcement came during the annual AWS conference, where Amazon CEO Andy...
Wednesday 4 December 2024
Microchip pauses Chips Act application amid inventory woes
Microchip Technology Inc. is pausing its application for US semiconductor subsidies, making it the first known company to step back from a program designed to revitalize American...
Wednesday 4 December 2024
Pat Gelsinger's retirement opens doors for potential transactions at Intel
Intel's CEO Pat Gelsinger's unexpected resignation has created new opportunities for the company to explore potential transaction options, including those previously rejected during...
Wednesday 4 December 2024
Reviving Intel from the ashes: TSMC veterans eyed as Gelsinger successor
Intel, historically a leader in the semiconductor sector, is encountering a significant crisis following the reportedly forced retirement of its former CEO. The challenge lies in...
Wednesday 4 December 2024
Merck's semiconductor pivot: a decade of transformation and future ambitions
Merck has fundamentally reshaped its business strategy, evolving over a decade from a display-focused powerhouse into a crucial semiconductor materials supplier. Following its recent...
Tuesday 3 December 2024
Arm aims beyond semiconductors, targeting AI hardware, software, ecosystem
Arm CEO Rene Haas has openly expressed his aspirations for AI, envisioning that all future AI applications will run on Arm technology in some form. This strategic shift suggests that...
Tuesday 3 December 2024
Intel's leadership change sparks speculation on foundry spin-off plans
The abrupt retirement of Intel CEO Pat Gelsinger has sent shockwaves through the industry, raising questions about a potential spin-off of Intel Foundry. DIGITIMES Research indicates...
Tuesday 3 December 2024
Pat Gelsinger's retirement signals internal struggle at Intel over fab-lite vs. fab-strong strategy
Intel's announcement of CEO Pat Gelsinger's unexpected retirement following the Thanksgiving holiday has sent shockwaves through the semiconductor industry. The departure of Gelsinger,...
Tuesday 3 December 2024
Five crises facing Intel amid CEO departure; board rumored to consider former TSMC executive for top role
Intel's CEO Pat Gelsinger has announced his retirement, effective December 1, amid the company's struggles with design and manufacturing separation and ongoing financial losses. In...
Tuesday 3 December 2024
AI giants face scaling crisis as next-gen models falter
Leading AI companies like OpenAI, Anthropic, and Google are encountering significant challenges in developing their next-generation AI models. Progress has fallen short of expectations,...
Tuesday 3 December 2024
Nvidia and Tesla set to challenge IDMs' dominance in industrial robotics
Both Tesla CEO Elon Musk and Nvidia CEO Jensen Huang consider humanoid robots to be the ultimate chapter in AI development. According to a Goldman Sachs research forecast for the...
Monday 2 December 2024
Intel announces departure of CEO Pat Gelsinger
Intel CEO Pat Gelsinger has retired from the company following a distinguished 40-plus-year career and has resigned from the board of directors, effective December 1, 2024.