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Zim $4.5 billion bidder faces foreclosure on his home
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"If an engineer in Ireland costs 20% less, it is clearly part of the consideration when deciding where to expand"
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Jewish family from Mexico donates NIS 200 million to establish Israel's largest rehabilitation hospital
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Chips
20 stories about Chips
Intel’s layoffs continue as workforce shrinks by 23,000 in two years
06.02.25
|
CTech
The semiconductor giant's global workforce has dropped sharply since 2022, far exceeding initial layoff projections.
Intel slashes employee bonuses amid financial struggles
04.02.25
|
Meir Orbach
Annual bonuses drop to 0.8 months’ salary as company's challenges mount.
Intel pulls the plug on AI chip designed to rival Nvidia
03.02.25
|
Omer Kabir
The Falcon Shores processor, developed using technology from Israeli company Habana Labs, will be repurposed for internal tests as Intel struggles to keep pace in the AI race.
Intel spent $900 million on restructuring last year but enters 2025 on shaky ground
31.01.25
|
CTech
Company scraps AI GPU plans and forecasts weaker-than-expected revenue.
Nvidia: “We'll do our best to make sure that Israel stays on top of the AI race globally”
27.01.25
|
James Spiro
The Senior Country Director of Nvidia Israel, Nati Amsterdam, made the remarks following proposed restrictions on AI chip exports by former President Biden that would directly impact Israel.
Israel moves swiftly to acquire AI chips before Biden export limits take effect
15.01.25
|
Meir Orbach
The head of the artificial intelligence branch at the Ministry of Defense admitted that the ministry has pivoted strategies as U.S. restrictions threaten Israel's AI and security advancements.
Apple’s first AI server chip to be engineered in Israel
12.12.24
|
Omer Kabir
Aiming for mass production by 2026, Apple pivots its R&D priorities toward artificial intelligence breakthroughs.
Interim Intel co-CEO: "We want to be the Western provider of leading-edge silicon"
05.12.24
|
CTech
“We’ve made a lot of investment from a capital perspective in Foundry, and we need to start seeing some incremental [return on invested capital],” new co-CEO David Zinsner added, speaking two days following the shock departure of outgoing CEO Pat Gelsinger.
Who will be Intel’s next CEO? Srouji, Murphy, and Tan lead the pack
04.12.24
|
Omer Kabir
The Apple, Marvell, and Cadence executives are among the leading candidates to replace Pat Gelsinger following his shock departure earlier this week.
Ousted Intel CEO Pat Gelsinger set to receive $10 million in severance
03.12.24
|
CTech
Leadership transition at the semiconductor giant includes a significant payout for the departing CEO, amid ongoing challenges and strategic shifts.
Can Intel recover? Gelsinger’s exit sparks speculation and uncertainty
03.12.24
|
Sophie Shulman
In a volatile chip market, Intel’s survival hinges on finding the right leadership fast.
What drove Pat Gelsinger to step down as Intel CEO? Inside the tumultuous tenure
02.12.24
|
CTech
Missteps, delays, and strained partnerships defined his three-year journey.
Intel’s foundry spinoff and $7.86 billion subsidy highlight importance of Israeli manufacturing
28.11.24
|
CTech and Reuters
The chip giant’s restructuring aligns with its ongoing investments in Israel’s advanced semiconductor capabilities.
Intel gets $7.86 billion US grant to advance domestic semiconductor output
26.11.24
|
Reuters
The funding supports Intel’s push to return American manufacturing to the forefront amid shifting global technology dynamics.
$100M in savings not enough to justify Intel’s coffee cut
10.11.24
|
CTech
Intel reinstates coffee and tea service, acknowledging the importance of small perks for employee morale. “Although Intel still faces cost challenges, we understand that small comforts play a significant role in our daily routines,” the company stated.
Intel restores car benefit, citing progress on savings goals: "We understand the importance of this to employees"
07.11.24
|
Allon Sinai
New allowance plan comes as Intel restores key perks, amid efforts to stabilize morale during massive cost reductions. “Given our progress against our savings objectives, we have decided to retain the car benefit,” Christy Pambianchi, Intel's Executive Vice President and Chief People Officer, wrote to employees.
Intel Israel's layoffs are less severe than global cuts, but ambiguity persists
06.11.24
|
Allon Sinai
The exact number of job losses remains uncertain due to a decentralized approach to workforce reductions.
Intel aims to net billions in Altera stake sale, targeting $17 billion valuation
05.11.24
|
Reuters
Buyout firms Silver Lake, Bain Capital and Francisco Partners are among the potential suitors that are likely to compete to acquire a minority stake in Altera. "We remain focused on selling a stake in Altera on a path to its IPO in the coming years. To that end, we have begun discussions with potential investors and expect to conclude in early 2025," said Intel CEO Pat Gelsinger.
Four years and billions later, Intel’s Habana Labs is still searching for success amid layoffs
03.11.24
|
Allon Sinai
As Intel grapples with layoffs and massive cost-cutting, its high-stakes $2 billion acquisition of Habana Labs in 2019 has struggled to make a dent in Nvidia’s dominance.
Intel's workforce questions its future amid layoffs and shrinking benefits
01.11.24
|
Allon Sinai
Intel’s challenges in the AI-driven chip industry are well-documented, as the company strives to pivot away from its traditional PC business and focus on data centers, AI, and foundry services. Yet, for employees, the more immediate reality is a mix of diminishing benefits, increased pressure, and fading morale.
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