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Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state
Reuters78d agoneutral
Intel, 3DGS to set up $3.3 billion substrate plant in India's Odisha state

U.S. chipmaker Intel and 3DGS Inc. ‌USA will invest about $3.3 billion ‌to set up a substrate manufacturing plant ​in the eastern Indian state of Odisha, the Indian government said on Friday. • Substrates ⁠are the bedrock material on which elements of a semiconductor device ​are attached. • ​New Delhi ​has pledged billions ‌of dollars in subsidies to attract semiconductor plants and related manufacturing as a part of Prime Minister Narendra Modi's wider push to build ‌more products locally.

Exclusive-ByteDance developing custom CPU chips to support AI rollout, sources say
Reuters80d agoneutral
Exclusive-ByteDance developing custom CPU chips to support AI rollout, sources say

Chinese technology giant ByteDance is developing its own central processing units (CPUs) to support its growing AI infrastructure needs, three people familiar with the matter said, as surging chip prices and prolonged supply ‌shortages constrain its expansion plans. The move underscores the industry's rapid shift toward "inference," where AI models are deployed to perform agentic tasks ‌that demand more from CPUs, working in tandem with the graphics chips made by Nvidia that have dominated the AI boom. The shift has created a shortage of CPUs in recent ​months, and global hyperscalers including Alphabet's Google, Amazon and Microsoft are also developing their own custom CPUs to reduce costs and tailor performance to their specific workloads.

Intel (INTC): Buy, Sell, or Hold Post Q1 Earnings?
StockStory80d agoneutral
Intel (INTC): Buy, Sell, or Hold Post Q1 Earnings?

Intel has been on fire lately. In the past six months alone, the company’s stock price has rocketed 203%, reaching $123.10 per share. This was partly due to its solid quarterly results, and the performance may have investors wondering how to approach the situation.

Investing.com81d agoneutral
Quantinuum targets $12.7 billion valuation in U.S. IPO

Investing.com -- Honeywell's spinoff Quantinuum plans to raise up to $1.05 billion through a U.S. initial public offering that would value the quantum computing company at up to $12.7 billion, the firm announced on Tuesday.