Latest news with #Intel
Time of India
3 hours ago
- Business
- Time of India
Intel, AMD former executives throw the hat into AI semiconductor ring
About a dozen executives from semiconductor and chip design companies such as Intel, AMD and Texas Instruments have quit to establish AI chip startups in India to tap into the multibillion-dollar industry. Four from Texas Instruments have started C2i Semiconductors, which is developing products to reduce energy consumption by semiconductors. They have raised $4 million from Yali Capital and Intel CEO Lip Bu-Tan, according to Tracxn. Bodhi Computing, which was acquired by Krutrim, was started by two Intel veterans, Sambit Sahu and Raghuraman Barathalwar. They are currently heading Krutrim's semiconductor initiatives, which ET had reported earlier. Four former Intel and AMD executives have set up Agrani Labs and are developing indigenous AI chips in Bengaluru. They are in talks to raise $8 million from Peak XV Partners, according to people familiar with the development. Most of these executives have spent 15-20 years in the semiconductor industry. India's semiconductor ecosystem is evolving rapidly through a combination of government initiatives such as design-linked incentives, experts said. Discover the stories of your interest Blockchain 5 Stories Cyber-safety 7 Stories Fintech 9 Stories E-comm 9 Stories ML 8 Stories Edtech 6 Stories Apart from this, the country is becoming a key centre for chip design and development and concentrated efforts are being made to set up semiconductor hubs. Global semiconductor sales are on track to reach $1 trillion by 2030 from $627 billion in 2024, according to a Deloitte report, driven by the demand for generative AI and other chips, including those for CPUs, GPUs, memory and power. In addition to this, semiconductor startups — even those that do not cater to the AI space — have seen investor interest in the past year. These include Mindgrove Technologies, InCore and Agnit Semiconductors. Agrani Labs is developing AI chips for the global market and is currently in stealth mode, according to people aware of the matter. Agrani Labs and Peak XV Partners didn't respond to queries. C2i Semiconductors, which is also in stealth mode, recently received the first part of funding from the government's design-linked incentive programme, the company announced on LinkedIn. Krutrim had earlier announced that the company is developing the Bodhi 1 chip, focused on advanced AI models, which is expected to hit the market in 2026. Bodhi 2, focused on training and inferencing, is scheduled for release by 2028. Also Read: Krutrim to launch first AI chip in 2026: Bhavish Aggarwal Others that have received funding recently include InCore, which raised $3 million from Peak XV. Mindgrove Technologies raised $8 million from Peak XV and others. Agnit Semiconductors has raised $4.87 million from 3one4 Capital and others. The Covid pandemic showed that India needed to develop its own supply chain, said Ganapathy Subramaniam, managing partner, Yali Capital, and former Texas Instruments executive. In the last few years, the government has drawn up several initiatives to develop the ecosystem. Over the past four decades, the country has produced chip designers for Texas Instruments, Intel and AMD, Subramaniam said. 'India is the second-largest centre for chip design for companies in the US, South Korea and Japan, creating a huge talent pool in the country,' he said. Challenges Scaling up semiconductors is still a challenge, said Tarun Pathak, research director, Counterpoint Research. 'India is still dependent on imports for many essential inputs, particularly from China, which holds cost and volume advantages due to its mature manufacturing and efficient supply chains,' he said. 'Matching the scale while keeping the costs down will be a challenge.' In addition, while government policies help, global original equipment manufacturers have established supply networks and the shift will take time, he said.
Yahoo
7 hours ago
- Business
- Yahoo
Intel Corporation to Participate in Upcoming Investor Conference
SANTA CLARA, Calif., May 28, 2025--(BUSINESS WIRE)--Intel Corporation today announced that Michelle Johnston Holthaus, CEO of Intel Products, will participate in a fireside chat on Intel's business and product strategy at the BofA Global Technology Conference on June 3 at 2:40 p.m. PDT. A live webcast and replay can be accessed publicly on Intel's Investor Relations website at Intel's participation, speakers and schedule are subject to change. About Intel Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore's Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers' greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel's innovations, go to and © Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others. View source version on Contacts Sophie MetzgerMedia Sign in to access your portfolio
Business Wire
7 hours ago
- Business
- Business Wire
Intel Corporation to Participate in Upcoming Investor Conference
SANTA CLARA, Calif.--(BUSINESS WIRE)--Intel Corporation today announced that Michelle Johnston Holthaus, CEO of Intel Products, will participate in a fireside chat on Intel's business and product strategy at the BofA Global Technology Conference on June 3 at 2:40 p.m. PDT. A live webcast and replay can be accessed publicly on Intel's Investor Relations website at Intel's participation, speakers and schedule are subject to change. About Intel Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore's Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers' greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel's innovations, go to and © Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.
Yahoo
8 hours ago
- Business
- Yahoo
Intel vs. Advanced Micro: Which Chipmaker is the Better Buy Now?
Intel Corporation INTC and Advanced Micro Devices, Inc. AMD are two premier semiconductor firms competing in the CPU market, with both focusing on AI (artificial intelligence) and advanced chip technologies. Intel, reportedly the world's largest semiconductor company and primary supplier of microprocessors and chipsets, is gradually reducing its dependence on the PC-centric business by moving into data-centric businesses, such as AI and autonomous driving. The foundry operating model is a key component of the company's strategy and is designed to reshape operational dynamics and drive greater transparency, accountability and focus on costs and Micro has strengthened its position in the semiconductor market on the back of its evolution as an enterprise-focused company from a pure-bred consumer-PC chip provider. Its processors are primarily powered by the company's proprietary "Zen" CPU and "Vega" GPU architectures. The company's acquisition of Xilinx has helped in expanding into multiple embedded markets. AMD now offers Field Programmable Gate Arrays (FPGAs), Adaptive SoCs and Adaptive Compute Acceleration Platform (ACAP) products. With growing AI proliferation in PCs, smartphones, automotive and IoT applications, both Intel and Advanced Micro are steadily advancing their semiconductor portfolio to bolster their competitive edge. Let us analyze in depth the competitive strengths and weaknesses of the companies to understand who is in a better position to maximize gains from the emerging market trends. Intel is strategically investing to expand its manufacturing capacity to accelerate its IDM 2.0 (Integrated Device Manufacturing) strategy. The company is undertaking various strategic decisions to gain a firmer footing in the expansive AI sector. Its latest Xeon 6 processors with Performance-cores (P-Cores) can support large AI workloads across diverse sectors. With industry-leading capabilities in AI processing, the Xeon 6 family delivers the industry's best CPU for AI at a lower total cost of ownership. Intel's innovative AI solutions are set to benefit the broader semiconductor ecosystem by driving down costs, improving performance and fostering an open, scalable AI environment. The company has received $7.86 billion in direct funding from the U.S. Department of Commerce for its commercial semiconductor manufacturing projects under the U.S. CHIPS and Science Act. The funds will support Intel in advancing critical semiconductor manufacturing and advanced packaging projects in Arizona, New Mexico, Ohio and Oregon, likely paving the way for innovation and Intel derives a significant part of its revenues from China. As Washington tightens restrictions on high-tech exports to China, Beijing has intensified its push for self-sufficiency in critical industries. This shift poses a dual challenge for Intel, as it faces potential market restrictions and increased competition from domestic chipmakers. The company is also lagging behind in the GPU and AI front compared to peers such as NVIDIA Corporation NVDA and AMD. Leading technology companies are reportedly piling up NVIDIA's GPUs to build clusters of computers for their AI work, leading to exponential revenue growth. AMD is strengthening its footprint in the AI market through an expanding portfolio. The latest MI300 series accelerator family strengthens its competitive position in the generative AI space. The accelerator is based on AMD CDNA 3 accelerator architecture and supports up to 192 GB of HBM3 memory, enabling efficient running of large language model training (up to 80 billion parameters) and inference for generative AI workloads. It is also benefiting from strong enterprise adoption and expanded cloud addition, strength in 7-nanometer-based processors is expected to strengthen the company's competitive position in the commercial and server market against Intel. AMD is currently leveraging Taiwan Semiconductor Manufacturing Company's 7 nm process technology, which is enabling it to deliver its advanced 7 nm chips faster to market. AMD Radeon RX 7900 series chiplet design combines 5 nm and 6 nm process nodes, each optimized for specific chips in the in the traditional computing market, which still generates a chunk of its revenues, AMD is up against Intel's strong market position. With Intel systems so well entrenched, there is an obvious preference for system integrators to choose Intel processors over AMD. Moreover, AMD faces significant competition from NVIDIA in the GPU market. AMD has had relatively greater success in the mobile segment and its current product lineup indicates that this focus will continue. However, competition in the mobile segment is likely to accelerate, with more ARM-based devices coming on the market. The Zacks Consensus Estimate for Intel's 2025 sales implies a year-over-year decline of 4.3%, while that of EPS indicates growth of 323.1%. The EPS estimates have been trending southward on average over the past 60 days. Image Source: Zacks Investment Research The Zacks Consensus Estimate for Advanced Micro's 2025 sales suggests year-over-year growth of 23.3%, while that for EPS implies a rise of 22.7%. The EPS estimates have been trending southward over the past 60 days. Image Source: Zacks Investment Research Over the past year, Intel has declined 33.8% against the industry's growth of 14.1%. AMD has lost 33.2% over the same period. Image Source: Zacks Investment Research Intel looks more attractive than Advanced Micro from a valuation standpoint. Going by the price/sales ratio, Intel's shares currently trade at 1.74 forward sales, significantly lower than 5.48 for AMD. Image Source: Zacks Investment Research Both Intel and Advanced Micro carry a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks companies expect their earnings to improve in 2025. However, Intel expects a decline in revenues contrary to that of AMD. Over the years, AMD has shown steady revenue and EPS growth, while Intel has been facing a bumpy road with a downhill slope. With a healthy long-term earnings growth expectation of 24.5%, Advanced Micro is relatively better placed than Intel (long-term earnings growth expectations of 10.5%), although the former is a bit expensive in terms of valuation metrics. Consequently, Advanced Micro seems to be a better investment option at the moment. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Intel Corporation (INTC) : Free Stock Analysis Report Advanced Micro Devices, Inc. (AMD) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Entrepreneur
9 hours ago
- Business
- Entrepreneur
Why Business Owners Love These $80 Chromebooks
Disclosure: Our goal is to feature products and services that we think you'll find interesting and useful. If you purchase them, Entrepreneur may get a small share of the revenue from the sale from our commerce partners. Growing teams have growing tech needs, but keeping up with the tech demands when your business is in expansion mode can be a significant expense. These refurbished Lenovo 11.6″ Touchscreen Chromebooks have the processing power and storage you need to get everyone equipped, and right now, they're on sale for just $79.99. That's a savings of 71% off the MSRP of $284.99. A low-cost Chromebook you can count on This 2018 Lenovo 300E is a solid choice for teams that need portable and reliable computing but don't need extra bells and whistles. The 300E has an 11.6″ touchscreen display with 1366×768 resolution. It runs on an Intel Celeron CPU and features Intel's UHD Graphics 500. It's Bluetooth 4.0 compatible, meaning staff can use it with headphones or smart devices. The Chromebook has 4 GB of RAM, enough for browsing the web, checking email, and word processing. It runs Chrome OS, so your employees will have access to critical workday programs like Google Docs and Sheets, and Slides. So why is the price this low? Stock is refurbished, with a Grade B rating. That means you may see light scuffing on the case or small scratches and dents on the body, but the screen won't have any marks. Battery health will exceed 70%, and the keyboard and trackpad will be clean and functional. This Chromebook makes an excellent backup unit, travel computer for employees on the road, or guest device for clients and partners who pop into the office. It could even be a solid primary laptop for any team members who have basic computing needs. If you're looking for some great team laptops at an even better price, this is the deal that can help fuel that growth. Get a Lenovo 300E Touchscreen Chromebook on sale for $79.99. Lenovo 300E 11.6″ Touchscreen Chromebook (2018) 4GB RAM 32GB Storage (Refurbished) See Deal StackSocial prices subject to change.
