SoftBank acquires Ampere Computing for $6.5B in cash, with Oracle and Carlyle selling their stakes as part of the deal, which is expected to close in H2 2025
SoftBank is buying Ampere in an all-cash transaction that values the Santa Clara, California-based firm at $6.5 billion, according to a statement reviewed by Bloomberg News.
Charles Sporck, an early champion of globalization who moved some of Fairchild's chip assembly operations from the US to Hong Kong in the 1960s, died at 96
James R. Hagerty / Wall Street Journal : X: @donal888 X: Don Clark / @donal888 : I'm sorry to belatedly learn that chip pioneer Charlie Sporck has died, though I think shifting as...
A look at the White House's big bet on Intel; sources: Gina Raimondo urged companies to order Intel's US chips, but most favored TSMC's more advanced techniques
New York Times :
Sources: in 2005, Intel CEO Paul Otellini proposed buying Nvidia for $20B, but the board resisted due to concerns over the price tag and integrating Nvidia
A photo illustration of a silicon chip, mounted in a picture frame, on a shelf with cobwebs around it. Kevin Van Aelst
Cisco reports Q4 revenue down 10% YoY to $13.64B, vs. $13.54B est., and says it's cutting 7% of its workforce, after cutting 5% in February 2024; CSCO jumps 5%+
Cisco shares popped in extended trading on Wednesday after the networking company said it's cutting 7% of its global workforce …
AMD President Victor Peng, who rejoined the chipmaker in 2022 following its acquisition of Xilinx, where he served as CEO, plans to retire on August 30, 2024
SVP of AI group Vamsi Boppana will lead AMD's AI business Paul Lilly / HotHardware : AMD President, AI Strategy Leader And Former Xilinx CEO Victor Peng Is Retiring Dylan Martin / ...
Amkor plans to package some Apple silicon chips in Amkor's new Arizona facility, invest $2B, employ 2,000+, and be ready for production in two to three years
largely to package Apple chips fabbed there by TSMC. https://www.apple.com/... Ben Bajarin / @benbajarin : Interesting news on the Apple Silicon front. Apple announces expanded par...
Nvidia reports Q3 revenue up 206% YoY to $18.12B, vs. $16.18B est., Data Center revenue up 279% YoY to $14.51B, and net income up 1,259% YoY to $9.2B
- Nvidia's results surpassed analysts' projections for revenue and income in the fiscal fourth quarter.
Nvidia expects strong growth in most regions to offset a “significant” drop in sales to China because of recently tightened AI chip rules
Michael Acton / Financial Times :
Oxide Computer, which aims to provide on-premise cloud computers including to clients like the Idaho National Laboratory, raised a $44M Series A led by Eclipse
Today we are announcing the general availability of the world's … Shubham Sharma / VentureBeat : Cloud vs. on-prem? Oxide wants to bring together the best of both worlds Intel Capi...
Microsoft and Oracle expand their cloud partnership with Oracle Database@Azure, letting customers run Oracle workloads natively in Azure data centers
Steven Rosenbush / Wall Street Journal :
Microsoft and Oracle expand their cloud partnership with Oracle Database@Azure, letting customers run Oracle workloads natively in Azure data centers
The new level of collaboration reflects how technology and customer demand have fostered more cooperation among software companies
Intel co-founder Gordon Moore, the author of Moore's Law, dies at 94
and the world it created Bloomberg : Gordon Moore, Intel Co-Founder Who Coined Chip Rule, Dies at 94 Aman Gupta / Livemint : Who was Gordon Moore? 10 things to know about the Intel...
Intel co-founder Gordon Moore, the author of Moore's Law, dies at 94
Intel and the Gordon and Betty Moore Foundation announced today that company co-founder Gordon Moore has passed away at the age of 94. — The foundation reported he died peacefull...
Intel reports Q4 revenue down 32% YoY to $14B, vs. $14.46B est., Data Center and AI down 33% YoY, and Q1 2023 revenue guidance below estimates; stock drops 9%+
Chipmaker Intel Corp (INTC.O) forecast first-quarter revenue below Wall Street targets on Thursday, slammed by a worsening PC market …
Airbnb reports Q2 revenue up 58% YoY to $2.1B, vs $2.11B est., $379M net income, up from a loss of $68M YoY, and a $2B stock buyback program
Sofia Pitt / CNBC :
Intel is winding down its Optane memory business, incurring a $559M inventory impairment; Optane is the sixth non-core business Intel CEO Pat Gelsinger has sold
3D XPoint at the last crossroad. — Intel's Q2 2022 earnings report today was uncharacteristically disappointing …
Intel reports Q2 revenue down 22% YoY to $15.32B, vs. $17.92B est., a $454M net loss, and Datacenter and AI revenue down 16% YoY to $4.6B; stock drops 10%+
that Intel cut fab spending to pay dividends while lobbying for tax credits with the CHIPS+ Act — is worth a read. https://twitter.com/... Davos Bro Balding / @baldingsworld : Just...
AMD Q1: revenue grew 71% YoY to $5.89B, including $2.8B from Computing and Graphics, up 33% YoY, and $2.5B from Enterprise, Embedded and Semi-Custom, up 88% YoY
Hey Global Investor! Steve Dent / Engadget : AMD teases new ‘Dragon Range’ CPUs for high-end gaming laptops Dylan Martin / The Register : AMD to offer CPUs with Xilinx AI engine in...
AMD Q1: revenue grew 71% YoY to $5.89B, including $2.8B from Computing and Graphics, up 33% YoY, and $2.5B from Enterprise, Embedded and Semi-Custom, up 88% YoY
Hey Global Investor! Steve Dent / Engadget : AMD teases new ‘Dragon Range’ CPUs for high-end gaming laptops Dylan Martin / The Register : AMD to offer CPUs with Xilinx AI engine in...