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  • Intel Engineer Joseph Bonetti Defends Company Against TSMC Talks And Then Removes Post

    02/21/2025 9:15:01 AM PST · by SunkenCiv · 16 replies
    The Hillsboro Herald ^ | February 20, 2025 | Dirk Knudsen
    There are rumors that Intel and TSMC might team up to produce chips, and this news has stirred strong reactions from experts, industry insiders, politicians -- and, naturally, Intel employees, too. For example, one Intel engineer, Joseph Bonetti, posted on LinkedIn (though he later deleted his post) that Intel is about to reclaim its leadership in chip-making and win over more customers. He warned that giving TSMC control over Intel's manufacturing would be a big mistake.Intel is also leading in another area by using advanced machines from ASML -- a toolset with which only Intel has experience [sic]. Although Intel's...
  • Exclusive: Nvidia and Broadcom testing chips on Intel manufacturing process, sources say [18A]

    03/03/2025 8:06:57 AM PST · by SunkenCiv · 13 replies
    Reuters ^ | March 3, 2025 | Max A. Cherney and Fanny Potkin
    Chip designers Nvidia and Broadcom are running manufacturing tests with Intel, two sources familiar with the matter told Reuters... indicate the companies are moving closer to determining whether they will commit hundreds of millions of dollars' worth of manufacturing contracts to Intel...Advanced Micro Devices is also evaluating whether Intel's 18A manufacturing process is suitable for its needs but it was unclear if it had sent test chips through the factory...The success of Intel's contract manufacturing business, or foundry, was the centerpiece of former CEO Pat Gelsinger's plan to revive the once iconic American technology company. But the board fired Gelsinger...
  • Intel Stock Jumps Following Fresh Reports of Possible Broadcom, TSMC Deals

    02/19/2025 4:16:38 AM PST · by Kid Shelleen · 5 replies
    Yahoo ^ | 02/18/2025 | Aaron McDade
    Shares of Intel (INTC) jumped on Tuesday morning, the first day of trading since new reports emerged over the weekend that the chipmaker is the center of acquisition talks once again. Chip designer Broadcom (AVGO) and Taiwan Semiconductor Manufacturing Company (TSM), the biggest chipmaker in the world, are each in the early stages of considering bids that could see the American chipmaker be broken up, the Wall Street Journal reported over the weekend citing people familiar with the matter.
  • Broadcom and TSMC Consider Splitting Intel’s Design and Manufacturing Capabilities Between Them

    02/18/2025 8:46:49 AM PST · by SeekAndFind · 9 replies
    Tech Republic ^ | 02/18/2025 | Megan Crouse
    Rumors are swirling about a possible takeover of Intel. Nothing has been inked, but Broadcom and Taiwan Semiconductor Manufacturing Company (TSMC) both are in the early stages of proposing potential deals, according to The Wall Street Journal. Broadcom could potentially seek a deal for Intel’s chip design assets, while TSMC eyes its manufacturing capabilities.Intel interim executive chairman allegedly met with buyers, government Broadcom and TSMC are not officially working together, and any plans either company has for deals with Intel are in preliminary stages, The Wall Street Journal said. However, Intel’s Interim Executive Chairman Frank Yeary has allegedly met with...
  • Broadcom, TSMC Eye Deals for Parts of Intel, Report Says

    02/16/2025 3:32:47 PM PST · by SunkenCiv · 18 replies
    Investopedia News ^ | February 16, 2025 | Nisha Gopalan
    Broadcom and Taiwan Semiconductor Manufacturing Co. are reportedly weighing plans to bid for Intel that would result in the storied chipmaker breaking up.According to The Wall Street Journal in a report Saturday, Broadcom has been looking into Intel’s chip-design and marketing business and and has “informally discussed” a bid with its advisers if it finds a partner for Intel’s chip-making operations.The report said TSMC has examined taking over some or all of Intel’s chip plants, meanwhile, as part of an investor consortium or another structure.
  • Dow falls 500 points, dragged down by Apple

    11/19/2018 11:21:14 AM PST · by Red Badger · 119 replies
    CNN Business ^ | 11/19/2018 | By Paul R. La Monica, CNN Business
    New York (CNN Business)Stocks fell sharply Monday, dragged down by reports that Apple's newest line of phones may not be selling as well as Apple or its investors had hoped. The Dow fell more than 500 points and the Nasdaq tumbled 2.8%. Apple's stock fell once more after the Wall Street Journal reported that Apple has cut orders for its iPhone XR, iPhone XS and iPhone XS Max. The new iPhones, which Apple unveiled in September, cost more than previous versions. The $749 iPhone XR is the least expensive new iPhone, but it costs $50 more than last year's cheapest...