Pat Gelsinger
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Intel has revealed the first phase of its plans which will see the company spend approximately €33 billion on the development of the European semiconductor market.
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Intel Corporation (Intel) is to acquire Tower Semiconductor (Tower), an Israeli manufacturer of analogue semiconductor solutions, for approximately $5.4 billion.
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The US Department of Defense, through the NSTXL consortium-based S2MARTS OTA, has awarded Intel the contract to deliver commercial foundry services.
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Intel has set out its growth roadmap for Intel Foundry Services (IFS), as it looks reclaim share from Taiwan Semiconductor Manufacturing Co (TSMC) and Samsung.
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Intel is investing US$20 billion in two new production facilities in the US and will use its facilities to start making chips for other companies.
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Equinix has entered into an expanded partnership with VMware to support VMware Cloud on Dell EMC on Platform Equinix.