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Intel
How Intel wrecked a $2B purchase of Israeli startup and fell behind in the AI race
Intel’s acquisition of Habana Labs was supposed to be its breakthrough in the AI race, but poor integration, bureaucratic inefficiencies, and strategic missteps led to its downfall; Meanwhile, Nvidia surged ahead, cementing dominance in AI processors
Sophie Shulman
|
02.11.25
AI war enters new level as Intel, Nvidia and AMD unveil next-gen chips
Leading chipmakers flaunt revolutionary advancements in AI-powered computing at CES 2025, with each company introducing processors designed to enhance performance and integrate AI into everyday devices
Daniela Ginzburg, Las Vegas
|
01.09.25
Chasing Nvidia: Apple set to develop AI chip in Israel
Technology giant reportedly put development of new processors in favor of chip fit for cloud-based AI to compete with Nvidia; Company's Herzliya team to spearhead project
Raphael Kahan
|
12.12.24
Aiming to become leaner and more efficient, Intel continues massive lay-off wave
Intel Israel is notifying hundreds of employees about layoffs this week, joining a global reduction affecting more than 2,000 workers; Despite cuts, new hiring continues for essential roles, including projects like the $25 billion Kiryat Gat chip plant
Tal Shahaf
|
10.28.24
Which chip manufacturer will rule over the next generation of PCs?
Intel's recent unveiling of its Lunar Lake processor in Berlin underscores a pivotal shift in the computer chip industry; Once dominated by giants, the landscape is now shaped by AI advancements, with Intel, AMD, Apple, and Qualcomm leading the charge in an acutely competitive arena
Raphael Kahan
|
09.30.24
Intel set to receive $3.5b in grants to produce chips for US military
Technology giant is frontrunner for a new US initiative seeking to develop local technologies for US Defense Department while reducing reliance on foreign producers
Calcalist
|
09.15.24
Intel CEO Pat Gelsinger to present board with cost-cutting, restructuring plan
Moves considered include a potential pause on Intel's $32 billion factory project in Germany, as part of efforts to streamline operations and align with weaker revenue forecasts
Ynetnews
|
09.03.24
Israeli employee hits Intel with wrongful termination lawsuit after antisemitism complaint
Charges claim the worker's supervisor began sharing antisemtic and anti-Israel posts after October 7 and then fired the worker after he complained about his supervisors' behavior
Daniel Edelson, New York
|
08.14.24
How will Intel's crash affect the Israeli market?
The computer chip giant's plans to cut thousands of employees following miserable earnings report won't pass over Israel but observers say local staff employed in critical company sectors and may be spared compared to less profitable units
Israel Wullman
|
08.04.24
Intel set to cut thousands of employees
Technology giant takes first steps in its planned efficiency initiative following falling market share and lackluster product lineup compared to competition, report says
News Agencies
|
07.31.24
Intel halts planned factory expansion in Israel
Tech giant informs Finance Ministry of planned pause in project after contractors receive notifications about their deals with the company being frozen; ministry says no change to overall expansion plan
Sophie Shulman/Calcalist
|
06.11.24
Intel's Israeli arm conquers all goals amid a war-infused reality
New Intel Israel CEOs navigate tough reality with multi-billion facility in the work while meeting targets during wartime despite reservist call-ups, focusing on demonstrating efficacy to global headquarters under challenging conditions
Israel Wullman
|
03.17.24
Israel gives Intel $3.2 billion grant for new $25 billion chip plant
It's largest investment ever by a company in Israel; Intel says expansion plan for its Kiryat Gat site where it has an existing chip plant only 42 km (26 miles) from Hamas-controlled Gaza is important part of company’s efforts to foster a more resilient global supply chain
Reuters
|
12.26.23
Biden, Xi Jinping lock horns over Israeli semi-conductor manufacturer
Analysis: Behind the collapse of the Tower-Intel deal lies nothing short of a digital cold war for the future of the global semiconductor industry throwing hundreds of employees into a most aggressive conflict
Guy Natan
|
08.23.23
Goodbye Intel, Hello India: Israeli chip manufacturer set to expand investments in Asia
With Intel's takeover canceled, Israeli chipmaker Tower Semiconductor could find an opportune path for expansion in a country aiming to become the world's third-largest economy in a decade; India, leveraging the US-China rivalry in the semiconductor sector, is yearning for substantial investments
Sophie Shulman, Calcalist
|
08.21.23
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