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Intel is planning major layoffs due to declining demand for its chips, even as it is on the verge of receiving billions of dollars in funding from the CHIPS Act! Intel plans major layoffs amid market crisis! According to Bloomberg News, Intel is planning major layoffs “as early as this month,” around the same time
Artificial intelligence chip developer Habana Labs just laid off more than 10% of its workforce, just as Intel plans to lay off up to 20% of its employees. Intel's Habana Labs cuts more than 10% of its workforce! Intel acquired artificial intelligence chip developer Habana Labs in 2019 for $2 billion. The acquisition allowed Habana
TSMC stopped making AI chips for China's Biren Technology, and it was Biren's own fault! TSMC stops making Biren AI chips due to US sanctions TSMC – Taiwan Semiconductor Manufacturing Company – has suspended production of advanced artificial intelligence (AI) chips for China’s Biren Technology. TSMC was forced to make this decision after publicly available
The US government has quietly revoked some export licenses from Intel and Qualcomm, cutting off more chip supplies to Huawei! America silent revokes Intel + Qualcomm export licenses to Huawei! A week after Huawei unveiled its MateBook Huawei! It does not appear that Intel violated any sanctions by supplying its latest Core processors to Huawei
