OpenAI’s ambitious pursuit of AI infrastructure growth is driving CEO Sam Altman on a global fundraising campaign. He’s seeking partnerships with tech giants like TSMC, Foxconn, Samsung, and […]
US Government Takes Stake in Intel to Redefine Chip Manufacturing
The U.S. government’s recent deal with Intel, involving a 10% equity stake and restrictions on the sale of its foundry unit, represents a major shift in chip manufacturing. […]
U.S. Treasury Considers Equity Stake in Intel for Domestic Chip Production Boost
The U.S. Treasury Department is considering an equity stake in Intel as part of a strategy to strengthen domestic chip production and mitigate reliance on foreign manufacturers. Treasury […]
Intel Stock Soars on Report of Possible Government Stake
Shares in Intel surged by nearly 8% on Thursday, continuing their upward climb after Bloomberg reported that the Trump administration is considering investing in the company. This potential […]
GlobalFoundries Invests $16 Billion in U.S. Chip Manufacturing Expansion
GlobalFoundries Inc., the largest U.S.-based producer of custom semiconductor chips, has announced a massive $16 billion investment to expand its domestic manufacturing capacity. This significant investment from GlobalFoundries […]
Apple Invests $19 Billion in US Chip Production: A Step Towards Domestic Tech Resilience
Apple has made a significant move towards strengthening American semiconductor manufacturing, pledging to invest $19 billion in chips produced within the U.S. This bold decision reflects a broader […]