Latest news with #IntelFoundryDirectConnect2025
Business Insider
8 hours ago
- Business
- Business Insider
'(Build) The Biggest, Baddest CPU': Intel Stock (NASDAQ:INTC) Notches up Despite Ironic Twist
This might have been the unkindest cut that chip stock Intel (INTC) could have received. Sure, yesterday and its potential loss of CHIPS Act funding was a low blow, no mistake there, but it only got worse as new reports revealed that several Intel staffers were leaving Intel to do exactly what Intel would have needed them to do: build the 'biggest, baddest CPU' around. Shareholders took the news well, though, and sent shares up fractionally in Friday afternoon's trading. Confident Investing Starts Here: Four of Intel's biggest names in research—who together had a combined experience of almost a century at Intel—departed the company in a plan to build a totally new kind of microprocessor. They will be using a kind of architecture that is completely different from Intel's, reports note, and in the process, hopefully show up their former bosses in the process. The four started their own company, called AheadComputing, and is working on an open style of architecture known as Reduced Instruction Set Computer – V, or RISC-V. The result, AheadComputing hopes, will be a processor that does fewer things than the current processor concept, but does this comparative handful of things better than the current processor does them. Essentially, reports note, the four are risking that AheadComputing—a vastly smaller company—will be able to move faster and better than Intel. Given Intel's new 'risk-averse' nature that we discovered yesterday with the 50% gross profit concept, they may not be wrong. But what has Intel missed out on in the process? Roadmapping an Uncertain Future But life goes on at Intel, reports note, and word notes that the Intel Foundry Direct Connect 2025 event is showing off its roadmaps and its partnerships. Intel Foundry, of course, is the chip manufacturing portion of Intel, and the one which has perhaps come under the most fire of late. But Intel looks to start delivering under the 18A process this year, and that should go a long way toward re-establishing Intel's dominance as a chip maker. Naturally, it is unclear as yet how much capacity 18A will have overall, and how much of that capacity can go to making other companies' chips. Early word suggests that everything is on schedule, so that will, at least, not be a problem. And with 14A and 14A-E waiting in the wings, it is entirely possible that Intel may be able to keep the streak going and come out ahead in the end. Is Intel a Buy, Hold or Sell? Turning to Wall Street, analysts have a Hold consensus rating on INTC stock based on two Buys, 25 Holds and four Sells assigned in the past three months, as indicated by the graphic below. After a 34.97% loss in its share price over the past year, the average INTC price target of $21.29 per share implies 5.63% upside potential.
Irish Times
02-05-2025
- Business
- Irish Times
Intel looking at ways to ‘monetise' Irish operation
Intel's Leixlip staff have been given some cause for hope in the face of global lay-offs at the chip maker, after company vice-president Chandra Shakerin said it is looking at how to 'monetise' its Irish operation. 'We have continued to explore progressive ways to monetise ... Intel 16 and we are working with Foundry customers to enable success with Intel 16 ... [which] we are running in Ireland,' he told staff worldwide at an Intel internal networking event held in California. Mr Shakerin also referenced the company's global supply chain where it had invested in its footprint 'for front end across North America and also in Europe, in Ireland as well as in Israel ... [where] we have built new factory space'. The Leixlip plant was one of a number of videos of Intel sites around the world Mr Shakerin showed to the audience, where the company is ramping its 4.3 node. 'It's the leading edge node in Europe,' added Mr Shakerin. READ MORE At the same event, chief executive Lip Bu-Tan told staff the firm needs to up its game as it faces competition from a slew of competitors. as he spoke on Tuesday at Intel Foundry Direct Connect 2025, a networking event, in California. While the semiconductor manufacturer has been beset with uncertainty recently with reports that it is due to lay off 20 per cent of its workforce globally as part of cost reduction measures, the CEO focused on areas of improvement: 'Our R&D investments are driving new process technology and advanced packaging solutions. We will continue to boost our manufacturing capabilities.' Mr Bu-Tan also said Intel had a diverse and resilient global supply chain and a robust footprint across the western hemisphere with 'the ability to expand at several of these sites based on customer needs'. Meanwhile the Minister for Enterprise, Trade and Employment Peter Burke met with senior management from the Intel plant in Leixlip at his offices this morning. According to a department spokesperson, it is likely to be several weeks before detail is available on the impact to Intel's Irish operation of any cost reduction measures the company may introduce. 'It is positive that the company have stated that they will continue to focus investment on their core business, the manufacturing of semiconductor products which is the primary activity in Ireland,' the spokesperson added. Intel did not immediately respond to a request for comment.
Forbes
29-04-2025
- Business
- Forbes
EDA Vendors Help Intel Get The USA Back Into Chip Manufacturing
The US Semiconductor industry desperately needs to rebuild the country's ability to produce the advanced chips that are the cornerstone of AI and every electronic device you can imagine. Most of those chips are built today in Taiwan by TSMC. Merely the thought of any potential Chinese aggression in Taiwan sends shivers down the spines of industry, market, and government officials, and an outright attack would put the worldwide economy in a tailspin. Intel is the primary (only) hope for revitalizing advanced domestic manufacturing in the USA, and the entire industry is anxiously awaiting adoption of Intel '18A' fabrication capability and solid proof of its performance. Today, during the Intel Foundry Direct Connect 2025 event in San Jose, Calif., all three EDA vendors (Cadence, Synopsys, and Siemens) announced collaborations with Intel Foundry to accelerate the development of optimized chip designs on the Intel 18A and Intel 18A-P advanced process nodes as well as packaging technology. (Cadence, Intel and Synopsys are all clients of Cambrian-AI Research.) The three primary global EDA companies announced the availability of production-ready AI-driven design flows for the Intel 18A process node. In addition, all three vendors are preparing for the next step from Intel, engaging in early design technology co-optimization for Intel 14A-E to establish readiness for the next-generation advanced node. Intel CEO Lip-Bu Tan welcomes Synopsys CEO Sassine Ghazi to the stage at the Intel Foundry Direct ... More Connect event. Of course, Intel welcomes investment and collaboration from its EDA partners. "Our continued collaboration with Synopsys enables engineering teams to accelerate 'systems of chips' innovation utilizing our unique systems foundry capabilities and optimized Synopsys EDA flows and IP on Intel 18A and Intel 18A-P process nodes to create differentiated designs with faster time-to-results," said Suk Lee, VP & GM of Ecosystem Technology Office, Intel Foundry. "Together, Intel Foundry and Synopsys are furthering design, manufacturing, and packaging co-optimization so our customers can meet the demands of the AI era." Mr. Lee expressed similar optimism and appreciation for Cadence and Siemens, whose CEOs each (in turn) took the stage with the new Intel CEO. Each vendor said they have certified design flows for 18A, and all three support the new RibbonFET gate-all-around transistor architecture and backside power delivery. All three joined the Intel Foundry Accelerator Chiplet Alliance – the newest Accelerator Alliance program that aims to define and drive chiplet design infrastructure, interoperability, and security requirements. All three enable Intel's EMIB-T advanced packaging technology and provide IP to accelerate the time to market for things like I/O and memory controllers. "Cadence is at the forefront of facilitating next-generation AI, HPC, and mobility designs with Intel 18A and 18A-P technologies, and our collaboration ensures that our mutual customers can leverage our robust design IP and AI-driven digital and analog/custom solutions for unparalleled performance and efficiency," said Boyd Phelps, senior vice president and general manager of the Silicon Solutions Group at Cadence. "Our expanded design IP portfolio for Intel Foundry builds on our commitment to delivering best-in-class silicon solutions, and our advanced implementations of leading standards are key to achieving scalable, high-performance designs. We look forward to continuing to partner with Intel Foundry to build out IP solutions for the AI factories and compute platform needs of the future and today." What this means for Intel The unison of AI-driven EDA support for Intel 18A tells the chip development community that they can depend on their chosen EDA vendor(s) (most use a combination of tools) to help them select Intel if and when they are ready to try 18A out and build their chips with a domestic manufacturing partner. Now, there's nothing stopping designers from considering Intel. It will take time to see this play out in the industry, but as 18A gets more design wins, Intel will earn the right to get even more.
