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Intel

20 stories about Intel

Startup Nation prepares for Intel layoffs - and Israel's Most Promising Startup just got more money

01.08.24|CTech

Also on our AI-native show: Pagaya acquiring asset firm Theorem in deal valued at tens of millions of dollars

Intel to layoff thousands of employees in latest round of cutbacks

31.07.24|Omer Kabir

According to a Bloomberg report, the chip company could present the plan as early as this week.

כנס צמיחה קארין אייבשיץ סגל סגנית נשיא תאגידי ומנכלית משותפת אינטל ישראל

“Intel is the only Western company that manufactures silicon chips with the most advanced technology and this is an opportunity”

27.06.24|Shaked Green

Karin Eibschitz Segal, VP at Intel, added that “Intel's uniqueness in AI is that it is one of the only companies in the world that has a full portfolio—meaning the ability to develop end-to-end solutions."

Mobileye’s Moovit cutting 10% of staff

19.06.24|CTech

Around 20 employees are being let go by the company, which was acquired for $1 billion four years ago

Israel's "groundbreaking" cancer treatment and a new $35 million Seed round?

14.06.24|Elihay Vidal

Our AI-generated hosts talk through some of tech's biggest stories this week

"Intel can no longer afford to build a production line without knowing in advance who its customers will be"

13.06.24|Sophie Shulman

The freeze on construction at the Kiryat Gat Intel plant is a severe blow to Israel, potentially creating ripples throughout the industry. This situation arises from internal troubles within the faltering company, which is hesitant to open a new plant without having customers, especially since subsidies abroad are much higher.

Intel halts construction of new $25 billion factory in Israel

10.06.24|Sophie Shulman

Intel's suppliers received notice of the cancellation of contracts for the supply of equipment and materials required for the establishment of the company's new factory over recent days. The Ministry of Finance was aware of the company's decision to halt the establishment of the plant.

Intel pins AI comeback hopes on Israel-developed Lunar Lake chip

04.06.24|Omer Kabir

"Lunar Lake is more efficient in artificial intelligence performance compared to what most of the competitors have today," Arik Gihon, the architect of Lunar Lake at Intel, told Calcalist. "It's able to perform more operations per second than any other processor (for laptops) today, including the Qualcomm processor. And it's completely Israeli."

Nvidia’s financial leap confirms accelerating AI industry

23.05.24|Omer Kabir

Nvidia smashed revenue forecasts with a 262% jump to $26 billion. Net profit soared 628% to $14.88 billion. The company raised its forecasts and expects revenues of $28 billion in the next quarter

שלומית וייס מנהלת ראשית של ארגון ההנדסה של אינטל העולמית

SVP Shlomit Weiss leaving Intel amid engineering reorganization

17.04.24|Omer Kabir

Weiss returned to Intel three years ago to serve as senior vice president and co-general manager of its Design Engineering Group. Intel confirmed her departure but asserted that Weiss' retirement was unrelated to an ongoing engineering reorganization process

The price of failure: Dutch company's chip monopoly born from a bad bet by Intel

15.04.24|Omer Kabir

China or the US, who holds the real power in the global chip industry? Behind the investments in manufacturing giants such as Intel and TSMC is an assumption that whoever controls chip production has the power to direct the future of the global economy. But the real power may not be in the hands of the chip manufacturers themselves, but rather ASML, the company that owns the technology to manufacture the expensive machines that are used to manufacture the chips.

China's three main goals in escalating chip war with US

26.03.24|Omer Kabir

China is expanding the war to the software front, and has also begun to block the use of chips made by Intel and AMD in government computers. The move will allow China to enhance national security, harm the US economically and create strong local competitors for the American chip companies

מימין ניר בצלאל מנכ"ל Moovit ניר ארז נשיא Moovit

Nir Erez stepping down as Moovit CEO after 13 years

07.03.24|Sophie Shulman

Erez, who headed the company since its founding and through its $1 billion acquisition by Intel, will transition to the role of President and advisor to new CEO Nir Bezalel

Intel-Israel negotiations revealed: What did the chip giant demand for $25 billion investment?

21.01.24|Shlomo Teitelbaum and Omer Kabir

Kfir Battat, Deputy Director of the Budget Department at Israel's Ministry of Finance, who led the talks with Intel, believes that even though the chip company did not make life easy for him and his colleagues, the final outcome is positive for both Israel and Intel

What's the real reason Mobileye's shares plummeted by 25%?

07.01.24|Sophie Shulman

Was the dramatic drop in the stock of the autonomous vehicle technology company a transient setback or a precursor to graver issues?

Intel has sights on Nvidia with new GenAI spinoff

04.01.24|Omer Kabir

The new company, Articul8, is being established in collaboration with the digital-focused asset manager DigitalBridge. Intel hopes that the move will help improve its position in the hottest market in tech, where it is lagging behind Nvidia - the first chip company to reach a trillion dollar valuation

With massive investment, Intel reaffirms confidence in Israel

27.12.23|Omer Kabir

The chip giant approved the conditions for a huge investment in a new factory in Kiryat Gat and will receive an increased grant of $3.2 billion, or 12.8% of the total cost. Intel also committed to buy 60 billion shekels ($16.6 billion) worth of goods and services from Israeli suppliers over the next decade and the corporate tax it will pay will increase from 5% to 7.5%

Intel confirms additional $15 billion investment in Israeli chip plant

26.12.23|Omer Kabir and Reuters

Israel's government agreed to give Intel a $3.2 billion grant for the new plant in Kiryat Gat, with the chipmaker also committed to buying over $16 billion worth of goods and services from Israeli suppliers over the next decade

Tower extremely optimistic regarding chip business, but needs to back up words with results

21.12.23|Uri Tal-Tenne

In a presentation published with the third quarter reports, Tower revealed a long-term model of sales and profitability potential in which the company's revenues will jump to $2.66 billion, an increase of 87% compared to this year's expected revenues, and the operating profit will jump by 166% to $560 million

Lisa Cohen joins Intel Capital as Partner

20.11.23|Meir Orbach

Cohen’s previous roles included spearheading investments in Israel for Innogy, acquired by E.ON, and serving as Investment Director at Jerusalem Venture Partners

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