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| Intel secures $3.5B deal for Pentagon chip production |
9/17/2024 |
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Intel has secured up to $3.5 billion in federal grants to produce advanced semiconductors for the Pentagon's Secure Enclave program. The deal, part of the CHIPS and Science Act, aims to enhance US semiconductor manufacturing, and the funding will support facilities in Oregon, Ohio, New Mexico and Arizona, with broader implications for national security and the semiconductor industry.
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| Saudi Arabia anticipates Nvidia chip access next year |
9/16/2024 |
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“It will ease business between Saudi and U.S.,“It will also open a lot of doors for building the capability, the computational capabilities, in the kingdom. But most importantly, it’s not only the computational capability that’s important. We worked hard in the past three years in building capacity, in human capacity, we also build data capacity as well.
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| Rapidus, rapidly running through funds, needs $700M for 2nm chip plant |
9/11/2024 |
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Rapidus, which was founded in 2022 as an effort to strengthen Japan's domestic chipmaking industry, is looking to both current and new investors for the extra funds, according to Bloomberg's communications with unnamed insiders. The ¥100 billion was reportedly conceived of as a bank loan, but the company allegedly decided to seek new investors due to how far Rapidus is from commercialization.
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| Samsung's AI home appliances zero in on customer experience |
9/10/2024 |
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Samsung Electronics executive Han Jong-hee says the company's AI-powered home appliances meet only 30% of consumer expectations and the company is striving to meet consumer standards with new AI features such as Voice ID and Ambient Sensing. Han highlighted the company's shift toward focusing on user experience and plans to integrate screens into all home appliances
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