Intel to Slash 15% of Jobs Amid Turnaround Efforts
Intel is cutting 15% of its workforce and suspending dividends as it focuses on a turnaround plan centered on advanced AI processors and manufacturing capabilities.
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Intel is cutting 15% of its workforce and suspending dividends as it focuses on a turnaround plan centered on advanced AI processors and manufacturing capabilities.
The U.S. intensifies semiconductor export controls to maintain tech dominance over the Chinese mainland, facing global economic repercussions.
Researchers from the Chinese mainland have created the world’s first carbon-nanotube-based tensor processor chip, promising significant advancements in AI technology and efficiency.
China’s Ministry of Commerce urges nations to resist US economic pressure in the semiconductor sector, advocating for market principles and global supply chain stability.
Chen Nanxiang of the China Semiconductor Industry Association believes the Chinese mainland’s chip industry will thrive with a growing talent base and strategic planning.
Samsung Electronics plans a one-stop solution for AI chips, integrating memory, foundry, and packaging to cut production time by 20%.
Samsung Electronics union announces first-ever strike involving 20% of its workforce, posing risks to global semiconductor supply chains.
China’s Commerce Ministry strongly opposes the US tariff hike on electric vehicles, semiconductors, and more, vowing to defend its interests amid rising tensions between the world’s two largest economies.
China has expressed strong opposition to Japan’s planned export controls on semiconductors, warning of significant impacts on bilateral trade and global supply chains.
The Biden administration awards Samsung $6.4B in grants to expand semiconductor production in Texas, strengthening the US chip industry and national security.