SoftBank Invests $2 Billion in Intel, Bolstering Semiconductor Innovation
SoftBank Group Corp. invests $2 billion in Intel at $23 per share, deepening their commitment to semiconductor innovation and AI technology in the United States.
Semiconductors
Intel Postpones Ohio Chip Plant Launch to 2030 and 2031
Intel's highly anticipated Ohio chip plant launch faces further delays, now pushed back to 2030 and 2031, despite initially breaking ground in September 2022 with a $28 billion investment, as the tech giant slows construction pace while maintaining flexibility to accelerate if market demand rebounds.
India Plays Catch-Up in AI and Chips Race with China's Manufacturing Might
While China has surged ahead in deep tech innovation like AI and semiconductors due to its manufacturing prowess and heavy R&D investment, India is now playing catch-up by increasing funding and policy support for AI and domestic chip manufacturing initiatives.
SK Hynix Dethrones Samsung as World's Top DRAM Vendor
In a historic shift, SK Hynix has dethroned Samsung as the world's top DRAM vendor, capturing 36% of global sales in Q1 2023, fueled by strong demand for its high-bandwidth AI chips from Nvidia, ending Samsung's 30-year reign.