Apple and Intel reached a preliminary agreement, after a year of negotiations, for the manufacture of chips for some Apple devices.

It is not yet known which Apple products would be included in the agreement. However, the announcement “represents a significant move for Intel Foundry, the division with which Intel seeks to manufacture both its own chips and third-party designs.”

According to The Wall Street Journal, the agreement between the two companies comes under pressure from the Trump Administration. The newspaper notes that “last summer, the government converted nearly $9 billion in federal aid to Intel into a 10 % equity stake. It then used that support to attract strategic customers to the company.”

In this scenario, Apple would have been one of the priority targets of that industrial strategy. “The Cupertino company relies on TSMC to manufacture the chips it designs for iPhones, iPads, and Macs.” Faced with high demand for these components from Nvidia, Apple is seeking alternatives to TSMC, while Intel is trying to strengthen its foundry business.

M.Pino

Source: geeknetic

(Reference image source: BoliviaInteligente on Unsplash)

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La entrada Apple signs an agreement with Intel to manufacture chips for future devices apareció primero en Bitfinance.

Intel CEO Lip-Bu Tan announced the sale of 10 % of its shares to the US government, representing an investment of $8.9 billion.

Last week, President Donald Trump stated at a press conference that Intel, the semiconductor manufacturer, should pay the government 10 % of its company. Regarding the chip specialist’s agreement, the Republican said it was a positive step for Intel.

“Under the agreement, the government will receive 433.3 million shares of common stock, representing a 9.9 % stake in the company,” Intel said in a statement.

This represents an $8.9 billion investment, funded in part by $5.7 billion in grants awarded but not yet paid under the CHIPS Act,” which was passed during Joe Biden’s administration and is intended to “encourage the establishment of the entire chip and semiconductor value chain in the country.”

Although the US now controls 10 % of Intel, the company indicated in a statement that the government investment will be “passive ownership, without representation on the board of directors or other governance and information rights.”

M.Pino

Source: RFI

(Reference image source: BoliviaInteligente on Unsplash)

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La entrada Intel sells 10 % of its shares to the US government apareció primero en Bitfinance.

Approximately 21,000 Intel workers will be laid off after Intel announced losses of approximately $821 million in the first quarter of this year.

The layoffs correspond to approximately 20 % of the workforce, according to forecasts aimed at optimizing the technology company’s operations.

The new CEO, Lip-Bu Tanm, wants to turn the company around, “although time will tell if more layoffs are the best option.”

The layoffs are in addition to the 15,000 employees during 2024, amid an unfavorable environment for the company, which “has lost its technological level and is struggling to keep up with Nvidia, among others, in the field of computing and components designed to work with Artificial Intelligence.”

The new CEO is taking strong measures, such as replacing several executives. He also plans agreements to eliminate departments that are not essential to achieving his goals. In this regard, we can mention a recent agreement to sell 51 % of Altera’s shares to the investment fund Silver Lake Management.

In any case, internal finances require adjustments to operating costs, even below forecasts, in addition to replacing the engineering talent it has been losing.

M.Pino

Source: muycomputer

(Reference image source: BoliviaInteligente on Unsplash)

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La entrada Intel to lay off 20 % of its workforce due to $821 million in losses apareció primero en Bitfinance.

Intel announced the dismissal of 15 % of its workers after recording losses in the order of $1.6 billion. The company argues that this is a global plan to save $10 billion in costs by 2025.

The company’s CEO, Patrick Gelsinger, announced the measure, indicating that it will be implemented at the end of the year. He noted that “the company must adjust its cost structure to a new operating model and radically change the way it operates.”

Intel’s revenue has not increased as expected. Furthermore, costs are too high and margins too low, according to Gelsinger.

When referring to the company’s cost structure, the director stressed that “Intel’s annual revenue in 2020 was about $24 billion higher than last year, but its current workforce is 10% larger than then.”

Hence, the proposed changes by reducing the workforce at its facilities for significant cost savings next year.

M.Pino

Source: noticiaslatam

(Reference image source: BoliviaInteligente in Unsplash)

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La entrada Intel announces layoffs over $1.6 billion loss apareció primero en Bitfinance.

The German government plans to promote with 9,900 million euros (10,800 million dollars) the establishment of plants of the American chip manufacturer Intel in the east of the country, as learned on Monday dpa.

This means that Intel, including state aid, will invest more than 30 billion euros in the project. However, the increase in state aid must be approved by the Commission of the European Union.

Intel announced in March 2022 the intention to produce chips in the city of Magdeburg, capital of the federal state of Saxony-Anhalt, starting in 2027.

According to plans, in a first phase of expansion, two semiconductor plants will be built, and several thousand jobs could be created. In addition, a high-tech park is planned for the settlement of suppliers.

Intel initially stated that it would invest at least 17 billion euros in Magdeburg. However, the investment becomes more expensive due to the increase in construction and energy costs.

In addition, the company wants to use even more modern technologies for the production of chips. In total, Intel will almost double its investments, according to government sources. Aid from the Government of Chancellor Olaf Scholz will increase from 6,800 to 9,900 million euros.

Representatives of the German government and the company signed an agreement in Berlin this Monday. Scholz has previously scheduled a meeting with Intel CEO Pat Gelsinger.

The German government and the chipmaker have been negotiating intensively on the amount of state aid until the end. In the meantime, archaeological investigations and preparatory work for construction on the Magdeburg site are already underway.

Source: dpa

(Reference image source: Slejven Djurakovic, Unsplash)

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La entrada Berlin wants to promote Intel chip plants with €9.9 billion apareció primero en Bitfinance.

The American company Intel exhibited its new line of 12th generation Intel Core laptop processors for the P and U series, which will be available from March, offering higher performance and productivity than the previous ones.

The first terminals with Intel chips will be manufactured by the companies Acer, Asus, Dell, Fujitsu, HP, Lenovo, LG, MSI, NEC and Samsung and based on a “hybrid performance architecture of the brand, with a combination of performance cores (P cores) and efficient cores (E cores),” the company explained in a statement.

P-series and U-series feature 14-core, 6-core P, and 8-core E architecture, Intel Iris Xe graphics developed with up to 96 execution units, memory support for DDR5/LPDDR5 and DDR4/LPDDR4, and scaling with multi-threaded performance 70% faster. With this architecture, workloads, video calls, browsing, photo editing, are distributed in the most suitable core, for optimal multitasking with Intel Thread Director technology in the Windows 11 operating system, allowing better CPU performance.

The chips have twice the performance for 3D rendering, with greater productivity in photo editing and 30% faster Intel WiFi 6E technology, which facilitate integration and wireless performance, reliability, and responsiveness. Additionally, they have Intel’s universal cable connectivity system, Thunderbolt 4, and Intel IPU 6.0, facilitating very high quality images and videoconferences.

Intel-Evo smart collaboration

The company also announced that Intel Evo-branded notebook designs will be subjected to intense workloads, explaining that the platform will check system requirements such as battery life, as well as the latest update called Intelligent Collaboration that ensures better experience “with artificial intelligence in collaborative applications such as video conferencing”.

The company estimates more than 100 Intel Evo verified systems during 2022 with devices that for the first time include foldable screens and 12th Gen Intel Core H-series designs. It is also expected that Thunderbolt monitors, docks, storage and Bluetooth headsets come together to the line of accessories that are part of the program, with brands such as Poly, Anker, Kensington, Dell, HP, Belkin, Samsung, Sabrent or OWC.

M. Rodríguez

Source: fayerwayer.com

La entrada Intel expands its line of processors for its laptops apareció primero en Bitfinance.

This week, developer company Intel officially unveiled its dedicated chip for efficient bitcoin mining, which will henceforth be known as “Bonanza Mine.”

The presentation of this product took place during the “International Solid-State Circuits Conference 2022 (ISSCC)“, a remote event which will be held until February 28, and where various companies are part of talks and presentations.

The Intel team offered more details about its new chip, which indicated that it qualifies as an ASIC device specially designed for mining, whose performance is a thousand times better for this task, having better performance per watt of energy, which translates into a significant savings compared to many other equipment designed for this purpose.

The company also reported that it already has a number of high-profile orders for this new tool, the most prominent being that of Jack Dorsey’s Block.

Although this chip has not yet formally gone on sale beyond the first institutional orders, some reports suggest that Intel could already be working on its new generation of chips. Among these signs is an apparently signed agreement with the Ohio-based company Griid, with which BMZ2 orders are already being considered for this year.

K. Tovar

Source: Diariobitcoin

La entrada Intel unveils its bitcoin mining chip apareció primero en Bitfinance.

Intel today announced the launch of the 11th generation of its Core H series of mobile processors, which offers speeds of up to 5.0 gigahertz (GHz) to enhance the gaming experience.

The 11th generation Intel Core-H processors, codenamed Tiger Lake-H, are led by the i9-11980HK, which improves performance in notebook computers and reaches speeds of up to 5.0 GHz.

These processors are designed to enhance the gaming experience. Manufactured with a 10-nanometer process and SuperFin technology, they include up to eight cores and 16 threads, as the company reported in a statement. With them, Intel offers gamers higher frequencies, lower latencies and faster loads thanks to the CPU directly accessing the high-speed GDDR6 memory included in the graphics card.

Compared to the previous generation, it offers 2.5 times the PCIe bandwidth and “three times the total PCIe bandwidth compared to other processors in the industry,” according to Intel. These processors support 4K HDR and Dolby Vision video streaming, Wifi 6E (Gig +), Thunderbolt 4 for connections up to 40 gigabytes per second, and Intel Optane hybrid storage.

This processor platform for PC offers hardware-based security and performance and computational power focused on professionals such as engineers, data analysts or content creators.

Source: dpa

La entrada Intel launches new 11th generation Core H processors apareció primero en Bitfinance.

Microsoft reinforced the standard Windows antivirus, Microsoft Defender, with new functions that seek to prevent ‘cryptojacking’ cyberattacks, through the use of Intel’s Threat Detection Technology (TDT) automatic threat detection technology.

Cryptojacking is a type of malware that uses a part of the computing power of infected computers to mine cryptocurrencies, such as bitcoin or ethereum. This type of attack increased 43 % in the fourth quarter of 2020 compared to the previous period, according to data from Avira Protection Labs.

To protect users from this type of threat, Microsoft and Intel reached an agreement to implement the threat detection technology of this second company in the processor to the antivirus.

Threat detection and protection

The integration of Intel’s Threat Detection Technology (TDT) in Microsoft Defender allows additional detection and protection functions against ‘cryptojacking’, through the use of machine learning technologies, as the company reported in a statement.

TDT performs hardware-based low-level telemetry from the CPU’s performance monitoring unit (PMU), an element that is dedicated to collecting low-level information on performance and microarchitecture.

This system is capable of detecting the footprint left by cryptocurrency mining malware in the execution of code in real time, such as the repeated execution of mathematical calculations, “with minimal indirect expense,” according to the US company.

The new mechanism works even when obfuscation techniques occur or when malware lurks within virtualized guests, “without the need for intrusive techniques such as code injection or performing complex hypervisor introspection.”

K. Tovar

Source: ChapuzasInformático

La entrada Microsoft adds protection against “cryptojacking” apareció primero en Bitfinance.