Intel is raising $19.7 billion through a stock offering to strengthen its finances as it expands manufacturing capacity, develops next-generation process technologies, and is trying to attract major external foundry customers.
Congressman John Moolenaar wants the Commerce Department’s Bureau of Industry and Security to clarify whether Foundry Due Diligence Rule remains effective and continues to be enforced.
Jefferies cut Apple from hold to underperform on Monday. That is the bank’s equivalent of a sell rating. It also cut its price target from $285.56 to $263.66. Fortune’s Sebastian Herrera reported the call. The bank’s supply-chain checks produced three …
As hyperscalers increase their long-term purchase commitments, the high-tech industry faces a tectonic shift as CSPs overwhelm consumer electronics companies.
Elon Musk’s Terafab will have at least 100 million sq. ft of interior space, making it the largest such structure on Earth by a big margin. It seems that it will need this amount of space, though, for Musk’s ambitious plan of bringing multiple semiconductor manufacturing processes under one roof.
Hwatsing Technology, China’s leading producer of chemical mechanical polishing equipment, announced a metrology system for six-inch wafers on Thursday that can be built directly into the polishing workflow. The company describes it as China’s first six…
SpaceX and Tesla officially begin to build the massive Terafab facility that will be three times bigger than Samsung’s Pyeongtaek campus.
You can read Nvidia’s philosophy in a job advert. The chipmaker is assembling a new AI safety and security engineering team, Business Insider reported. A cluster of listings posted late last month gives it away. The pitch is not caution about what AI m…
Tesla and SpaceX have confirmed where they’ll build Terafab, the semiconductor megafactory Elon Musk first teased in March. It’s going to Grimes County, Texas, about an hour northwest of Houston.
The companies put the initial phase at roughly $16.8 bil…
China’s two biggest optical module makers took a beating on Wednesday. Zhongji Innolight fell as much as 16%, according to the South China Morning Post. Bloomberg put the intraday drop at 14%. Eoptolink Technology slid with it. The trigger was a Reuter…