Nvidia investing in Intel’s common stock at a purchase price of $23.28 per share; CEO Huang calls it an “incredible investment”
Intel
Latest in Intel
Altera
Abu Dhabi’s MGX and Silver Lake acquire majority stake in Altera
Intel to retain 49% stake in the company, which is into programmable semiconductor solutions
Intel
Intel slashes workforce by 15% in $10bn cost-cutting drive
Intel lays off more than 15,000 staff and announces major cost-cutting measures amid disappointing financial performance
Artificial intelligence
Google, Intel discuss expanding strategic partnerships in Saudi Arabia
Saudi Arabia’s Minister of Communications and Information Technology, Abdullah bin Amer Al-Sawaha held talks with the companies in Silicon Valley
AMD
US further tightens restrictions on advanced chips export to China
Biden administration also adds Russia and Iran to the banned list of countries
Alphabet
Job cuts: Tech firms layoff 120,000 workers, Meta, Twitter and Amazon cut staff
Tech firms have cut tens of thousands of jobs this year
AI R&D
First GCC artificial intelligence research centre to launch in Dubai Internet City
Intel made the announcement at day 2 of GITEX at the Dubai Internet City stand
Amazon
GlobalFoundries CEO says chipmaker sticking to 2022 IPO plan
GlobalFoundries Inc., a chipmaker owned by an investment arm of the Abu Dhabi government, is sticking with its plan for an initial public offering next year, according to Chief Executive Officer Tom Caulfield
Brand View
HP launches Spectre Folio in the UAE
Brand view: Jaw-dropping device combines style, versatility and mobility to create unrivalled PC experiences
Cyber crime
Intel funds NYU Abu Dhabi cyber security research
Research being conducted by NYU Abu Dhabi Associate Dean of Engineering Ozgur Sinanoglu could help tech companies obfuscate security critical data on chips
Computer processors
Fifty years of Intel – in pictures
Intel is marking its 50th Anniversary this year – here’s a look at some key moments in Intel history