Intel is spinning off its Network and Edge group
Intel will remain an anchor investor in the stand-alone company, which produced $5.8 billion in revenue in 2024.
semiconductor
US chipmakers could see bigger tax credits if Trump’s spending bill passes
The current version of the Trump administration’s “big, beautiful bill” would raise the tax credit for U.S. chipmakers to 35%.
Intel to lay off up to 20% of Intel Foundry workers
Rumors of these layoffs began back in April as Intel looks to refocus on its core business units and shed additional bloat.
Nvidia expects to lose billions in revenue due to H20 chip licensing requirements
As Nvidia reports earnings for the first quarter of its fiscal year 2026, which closed on April 28, the company has released numbers on how the Trump administration’s recent chip export restrictions are affecting business.…
Why export restrictions aren’t the only thing to pay attention to in Nvidia’s earnings
After the market closes on Wednesday, Nvidia will report earnings for the first quarter of its fiscal year 2026, which ended on April 27. While many in the industry are likely eager to hear how…
Intel is reportedly exploring a sale for its networking and edge unit
Intel CEO Lip-Bu Tan continues to consider ways to help semiconductor giant refocus on its core business. Intel is allegedly considering selling its networking and edge unit, according to reporting to Reuters, as Tan looks…
Cognichip emerges from stealth with the goal of using generative AI to develop new chips
Chips are a critical component of the AI industry. But new chips don’t hit the market with the same speed as new AI models and products do. Cognichip has a lofty goal of creating a…
Foxconn gets nod for $435M project to make more of Apple chips in India, eventually
Foxconn, a key manufacturer for Apple, has received an approval from India’s cabinet to build a new 37 billion Indian rupees ($435 million) semiconductor plant in a joint venture with the country’s IT giant HCL…
A timeline of the US semiconductor market in 2025
From leadership changes at legacy semiconductor companies to wishy washy policy around chip exports, a lot happened last year.
Nvidia takes aim at Anthropic’s support of chip export controls
Nvidia clearly doesn’t agree with Anthropic’s support for export controls on U.S.-made AI chips. On Wednesday, Anthropic doubled down on its support for the U.S. Department of Commerce’s “Framework for Artificial Intelligence Di…