Intel appoints a former SK Hynix executive to lead advanced packaging, focusing on 18A and 14A process technologies.

The entities involved

• Intel →

  American multinational technology company

  • A market sell-off hit major chip companies (AMD, Intel, Micron, Samsung, Nvidia) as the AI trade cooled and investors entered risk-off mode.Mon 17:34
  • Hyperscalers are competing for AI market share, driving high demand for semiconductors and boosting corporate profits.Mon 16:49
• Intel Foundry →

  semiconductor foundry owned by Intel

  • Lip-Bu Tan has been confirmed as the CEO of Intel, a leading manufacturer of computer processors, while Allegro MicroSystems focuses on data center chip design.Sun 13:48
• Lip-Bu Tan →

  American businessman

  • Intel's new CEO, Lip-Bu Tan, faces intense competitive pressure from rivals like Groq and AMD, while advisor Jonathan Ross urges systemic fixes.Sun 07:54
  • Intel appoints Lip-Bu Tan as CEO, facing market share losses while securing major investments from SoftBank and the US government.Sun 04:59

Related events

• Intel and Apple are advancing their partnership for chip design and production in the U.S., with Intel's 18A process exceeding projections.Jun 18