Microprocessor

Intel says it will buy Tower Semiconductor for $5.4 billion

Published by Hurriyet on Thu, 02/17/2022 - 05:00

Intel said it is buying Israeli company Tower Semiconductor for $5.4 billion in a deal that could give the California chipmaking giant an edge in the business of making custom-designed chips.

Intel CEO Pat Gelsinger said on Feb. 15 that acquiring Tower will help expand Intel's newly formed "foundry" business that makes microprocessors for other firms.

Intel Working with Facebook to Create Super-fast AI Chip

Published by Novinite on Thu, 10/19/2017 - 11:21

Intel has announced that it is working on a super-fast processor specially designed for artificial intelligence systems.

"I think we are in the beginning of a major change ... Artificial Intelligence will be similar to (the development of) the Internet in the 1990s," said Brian Krzanich at a technology conference organized in California by Wall Street Journal.