Intel is transforming its foundry business into an independent subsidiary to enhance competitiveness in the semiconductor sector. CEO Pat Gelsinger revealed a significant agreement with AWS, while pausing new chip plant constructions in Germany and Poland. Intel will also divest part of its stake in Altera and significantly reduce its global real estate holdings.
Related Posts
NRI’s Rs 3 crore gift to mom genuine, not taxable: Tribunal
The Mumbai ITAT ruled in favor of a taxpayer who received a ₹3 crore gift from her NRI son. The I-T department questioned the gift’s […]
Zeeshan Siddique, Salman Khan get threat message; accused arrested from Noida
A 20-year-old from Noida, Gufran Khan, was arrested for making a veiled threat regarding MLA Zeeshan Siddique and actor Salman Khan’s safety through a WhatsApp […]
LAC pact: China talks of ‘important progress’, not ‘agreement’
India and China reached a milestone agreement to end the prolonged military standoff in eastern Ladakh, endorsed by PM Narendra Modi and President Xi Jinping. […]