- OpenAI and Oracle are involved in the Stargate project, while Intel secures major investment from SoftBank amid AI market shifts.
- Intel appoints Lip-Bu Tan as CEO, facing market share losses while securing major investments from SoftBank and the US government.
- Intel announced an ambitious chip foundry plan while managing leadership transitions and investor concerns.
- Lip-Bu Tan is considering a strategic shift in chip manufacturing for Intel.
Intel announced it is beginning manufacturing operations in Oregon, leveraging its Intel Foundry business.
1 report, 1 independent
Updated Jul 24
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
Intel announced it is beginning manufacturing operations in Oregon, leveraging its Intel Foundry business.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
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Intel
American multinational technology company
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Intel Foundry
semiconductor foundry owned by Intel
Nothing else this week.
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Lip-Bu Tan
American businessman
- Intel maintains a major manufacturing campus in New Albany and operates its Ohio One site in Ohio. The company is undergoing a leadership transition with Lip-Bu Tan succeeding Pat Gelsinger.
- Intel's new CEO, Lip-Bu Tan, faces intense competitive pressure from rivals like Groq and AMD, while advisor Jonathan Ross urges systemic fixes.
Related events
- Intel and Qualcomm are competing in the AI market, with Intel utilizing its Foundry for advanced packaging.
- Intel seeks foundry alternatives while Micron raises U.S. spending, amid TSMC/ASML/Applied Materials expansion plans.
- JPMorgan Chase upgraded Intel's stock rating amid discussions of Intel's turnaround bet against AMD's growth.
- Intel and TSMC are competing for foundry customers and tape-outs at a new EPIC Center in Belgium.
- Intel is strategically pivoting by expanding its foundry business to compete with TSMC, facing increased rivalry from AMD and market pressure from Nvidia's AI dominance.
Coverage
Newest first; wire copies grouped- tomshardware.comIntel commits to 14A mass production in 2028 as its sales rise 25% year-over-year