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24/7
Headlines
08:58
Oracle is expanding layoffs but its new CFO says “don’t do more with less”
22:27
WeSure’s NIS 1 billion Altshuler Shaham deal reshapes Israel’s investment industry
22:22
Nofar Energy to invest €103 million in battery storage for two Romanian solar projects
22:17
El Al to resume direct flights to Marrakech after two-year hiatus
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1
Buildots raises $130 million at nearly $1 billion valuation as AI boom drives data center construction
2
Oracle’s AI transformation gets more expensive as layoffs continue
3
OpenAI acquires Israeli-founded camera startup Glass Imaging for over $300 million
4
How an Israeli engineer went from Rafael to iPhone Portrait Mode and a $300 million OpenAI exit
5
Oracle begins another round of layoffs as $2.8 billion restructuring plan expands
More news
Chips
20 stories about Chips
Intel to slash key manufacturing and engineering roles
01.08.25
|
CTech and Reuters
Chipmaker trims capacity planning and engineering teams as new CEO pushes sweeping overhaul.
Teramount raises $50M to supercharge AI chips with light
29.07.25
|
Meir Orbach
Israeli startup’s optical tech promises 100x data speeds and 70% power savings.
Intel’s global overhaul: What the memo didn’t say
28.07.25
|
CTech
While Intel Israel has faced layoffs like other global units, its absence from CEO Lip-Bu Tan’s sweeping restructuring memo suggests it may be spared deeper cuts, and signals quiet confidence in the unit’s strategic value.
Intel to spin off networking group, stepping back from battle with Nvidia
26.07.25
|
Omer Kabir
The Network and Edge Group (NEX) generated $5.8B in 2024 but lost strategic weight this year.
Intel stock plunges as Tan warns foundry dreams could be scrapped
25.07.25
|
CTech
CEO Lip-Bu Tan signals 14A foundry plan hinges on big buyers.
Intel’s new boss has no time for field of dreams
25.07.25
|
CTech
Lip-Bu Tan axes ‘build it and they will come’ mindset, demanding real demand before new fabs.
"No more blank checks": Tan’s Intel turnaround slashes jobs, cancels expansion
25.07.25
|
CTech
New CEO scraps projects in Europe and trims layers as losses widen.
Intel job cuts swell to 25,000 as CEO Tan plots costly turnaround
24.07.25
|
CTech and Reuters
Chip giant forecasts deeper losses despite beating sales estimates.
Intel braces for sixth straight loss as new CEO faces foundry reckoning
23.07.25
|
CTech and Reuters
Shareholders want answers on Tan’s bet to pivot from 18A to 14A amid mounting writedown risks.
Intel’s optimistic Israel plans clash with brutal job cuts
21.07.25
|
CTech
A pillar of Israel’s tech economy, Intel’s flagship sites face deep layoffs and uncertain future despite earlier promises of expansion and local impact.
Intel U.S. layoffs hit 5,000 as cost cuts deepen
17.07.25
|
CTech
New WARN filings show expanded cuts in California, Oregon, and Arizona, with ripple effects from Silicon Valley to Israel.
Former Intel CEO calls for US sovereign wealth fund to counter China’s tech investments
16.07.25
|
CTech
Pat Gelsinger says America’s fragmented approach risks losing the tech race.
Intel’s Israeli workforce set to fall below 9,000, its lowest in over a decade
14.07.25
|
CTech
Ahead of the latest round of cutbacks, Intel employed about 9,350 people in Israel, down sharply from 10,800 in 2023 and a peak of 12,000 in 2021.
Intel CEO says it’s ‘too late’ to catch Nvidia in AI
11.07.25
|
CTech
Lip-Bu Tan warns employees of a long road ahead to rebuild the troubled chipmaker’s future.
The less Intel, the better: Intel’s desperation could be Mobileye’s salvation
10.07.25
|
Sophie Shulman
A fresh $1 billion sell-off shrinks Intel’s stake, and may lift the cloud hanging over Mobileye’s stock.
Fab38 freeze: Intel’s big manufacturing bet collides with harsh market reality
10.07.25
|
CTech
The new fab’s fate now hinges on Intel’s turnaround as layoffs shrink its Israeli workforce yet again.
Intel’s loss is Nvidia’s gain
08.07.25
|
Meir Orbach
As Intel cuts staff in Israel, Nvidia snaps up talent for its booming operations.
Intel CEO: "The strength, resilience and resolve of Intel Israel's team has no bounds"
08.07.25
|
Meir Orbach
High-stakes meeting and Lip-Bu Tan’s letter point to Israel’s enduring role in the company’s most advanced chip design.
Inside Intel's painful cuts: Who's being let go and why
08.07.25
|
Meir Orbach
Which roles are affected, how automation and restructuring are driving layoffs, and why Israel still has a significant part to play in Intel's future.
Intel offers up to 19 salaries to laid-off employees if they don’t fight firings
07.07.25
|
CTech
Workers who request a hearing risk losing special severance if they fail to convince management to reverse their dismissal.
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