INTEL

Intel to Acquire Tower Semiconductor for $5.4 Billion

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Tuesday, February 15, 2022
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Intel Corporation (Nasdaq: INTC) and Tower Semiconductor (Nasdaq: TSEM), a leading foundry for analog semiconductor solutions, today announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash, representing a total enterprise value of approximately $5.4 billion.

Key Points: 
  • Intel Corporation (Nasdaq: INTC) and Tower Semiconductor (Nasdaq: TSEM), a leading foundry for analog semiconductor solutions, today announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash, representing a total enterprise value of approximately $5.4 billion.
  • View the full release here: https://www.businesswire.com/news/home/20220214005921/en/
    Intel and Tower Semiconductor on Feb. 15, 2022, announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash, representing a total enterprise value of approximately $5.4 billion.
  • Dr. Randhir Thakur, president of Intel Foundry Services, said: We are thrilled to welcome the Tower team to Intel.
  • Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

Autonomous Movers Set for US Launch in 2024

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Monday, February 14, 2022
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Bringing to market an affordable, automotive-grade, electric, autonomous mover is a solution that will transform mobility as we know it today.

Key Points: 
  • Bringing to market an affordable, automotive-grade, electric, autonomous mover is a solution that will transform mobility as we know it today.
  • Autonomous movers are the solution for future public transportation, solving the mobility challenges of increasing urbanization and emissions, said Marco Kollmeier, managing director of Benteler EV Systems GmbH.
  • These movers need to be robust for 24/7 public or commercial use, at optimized costs and with excellent riding comfort.
  • Consequently, we decided to go for this strategic collaboration with our partners Mobileye and Beep, to build autonomous movers delivering exactly against these market demands.

Intel Launches $1 Billion Fund to Build a Foundry Innovation Ecosystem

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Monday, February 7, 2022
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Whats New: Intel today announced a new $1 billion fund to support early-stage startups and established companies building disruptive technologies for the foundry ecosystem.

Key Points: 
  • Whats New: Intel today announced a new $1 billion fund to support early-stage startups and established companies building disruptive technologies for the foundry ecosystem.
  • Intel is an innovation powerhouse, but we know that not all good ideas originate from within our four walls, said Randhir Thakur, president of Intel Foundry Services.
  • This $1 billion fund in partnership with Intel Capital a recognized leader in venture capital investing will marshal the full resources of Intel to drive innovation in the foundry ecosystem.
  • Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

Mobileye’s Self-Driving Secret? 200PB of Data

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Wednesday, January 5, 2022
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Mobileyes state-of-the-art computer vision coupled with extremely capable natural language models allows for hard mining of Mobileyes 200 petabytes of data, delivering thousands of results within seconds, even for extremely rare conditions and scenarios.

Key Points: 
  • Mobileyes state-of-the-art computer vision coupled with extremely capable natural language models allows for hard mining of Mobileyes 200 petabytes of data, delivering thousands of results within seconds, even for extremely rare conditions and scenarios.
  • The sheer size of Mobileyes dataset makes the company one of AWSs largest customers by volume stored globally.
  • Large-scale data labeling is at the heart of building powerful computer vision engines needed for autonomous driving.
  • Mobileyes rich and relevant dataset is annotated both automatically and manually by a team of more than 2,500 specialized annotators.

Top Automakers Double-Down on Mobileye

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Tuesday, January 4, 2022
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Mobileye also revealed its EyeQ Ultra Mobileye's first AV-on-chip (AVoC) purpose-built for Level 4 self-driving vehicles.

Key Points: 
  • Mobileye also revealed its EyeQ Ultra Mobileye's first AV-on-chip (AVoC) purpose-built for Level 4 self-driving vehicles.
  • (Credit: Intel Corporation)
    Our customers are demonstrating that innovation is at the center of their future strategies and leaning on Mobileye to help execute their visions, said Prof. Amnon Shashua, Mobileye president and chief executive officer.
  • Mobileye Roadbook is a crowd-sourced, cloud-generated database of highly precise, high-definition maps.
  • Ford and Mobileye deepen long-standing relationship: Ford and Mobileye have announced plans to expand their strategic partnership.

New Mobileye EyeQ Ultra Will Enable Consumer AVs

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Tuesday, January 4, 2022
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(Credit: Mobileye, an Intel Company)

Key Points: 
  • (Credit: Mobileye, an Intel Company)
    First silicon for the EyeQ Ultra SoC is expected at the end of 2023, with full automotive-grade production in 2025.
  • Marking a leap in the evolution of the EyeQ family of SoCs, EyeQ Ultra packs the performance of 10 EyeQ5s in a single package.
  • Like its EyeQ predecessors, EyeQ Ultra has been engineered in tandem with Mobileye software, enabling extreme power efficiency with zero performance sacrifices.
  • Designed to make consumer AVs accessible, EyeQ Ultra fills a void in the automotive market as the EyeQ family of SoCs has done before it.

Intel Sells SSD Business and Dalian Facility to SK hynix

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Wednesday, December 29, 2021
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Intel Corporation today announced it has completed the first closing of the sale of its NAND and SSD business, selling its SSD business (including the transfer of certain NAND SSD-associated intellectual properties (IP) and employees) and the Dalian NAND memory manufacturing facility in China to Seoul-based SK hynix.

Key Points: 
  • Intel Corporation today announced it has completed the first closing of the sale of its NAND and SSD business, selling its SSD business (including the transfer of certain NAND SSD-associated intellectual properties (IP) and employees) and the Dalian NAND memory manufacturing facility in China to Seoul-based SK hynix.
  • Intel will continue to manufacture NAND wafers at SK hynixs Dalian memory manufacturing facility and retain certain IP related to the manufacture and design of NAND flash wafers until the final closing of the transaction.
  • The SSD business will transition to a newly formed company, Solidigm, a subsidiary of SK hynix.
  • Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

Intel Empowers Developers with oneAPI 2022 Toolkits

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Wednesday, December 22, 2021
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More Details: The 2022 Intel oneAPI toolkits deliver performance and productivity through a complete set of advanced tools including compilers, libraries, pre-optimized frameworks, analyzers and debuggers.

Key Points: 
  • More Details: The 2022 Intel oneAPI toolkits deliver performance and productivity through a complete set of advanced tools including compilers, libraries, pre-optimized frameworks, analyzers and debuggers.
  • Hardware support Intel oneAPI Toolkits are optimized to enable advanced features of the latest and upcoming new hardware, including 12th Gen Intel Core processors with AVX-VNNI, Next Gen Intel Xeon Scalable processors, codenamed Sapphire Rapids with Intel Advanced Matrix Extension (Intel AMX), and upcoming Xe client and data center GPUs.
  • About Intel oneAPI Toolkits: Intel oneAPI toolkits deliver the tools needed to efficiently develop high-performance applications and solutions across a variety of Intel architectures (CPUs, GPUs, FPGAs).
  • Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

Intel Breakthroughs Propel Moore’s Law Beyond 2025

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Saturday, December 11, 2021
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Whats New: In its relentless pursuit of Moores Law, Intel is unveiling key packaging, transistor and quantum physics breakthroughs fundamental to advancing and accelerating computing well into the next decade.

Key Points: 
  • Whats New: In its relentless pursuit of Moores Law, Intel is unveiling key packaging, transistor and quantum physics breakthroughs fundamental to advancing and accelerating computing well into the next decade.
  • View the full release here: https://www.businesswire.com/news/home/20211211005006/en/
    At Intel, the research and innovation necessary for advancing Moores Law never stops.
  • How We Are Doing It: The breakthroughs revealed at IEDM 2021 demonstrate Intel is on track to continue the advancement and benefits of Moores Law well beyond 2025 through its three areas of pathfinding.
  • Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

Intel Launches Integrated Photonics Research Center

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Wednesday, December 8, 2021
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Whats New: Intel Labs recently opened the Intel Research Center for Integrated Photonics for Data Center Interconnects.

Key Points: 
  • Whats New: Intel Labs recently opened the Intel Research Center for Integrated Photonics for Data Center Interconnects.
  • About the Research Center: The Intel Research Center for Integrated Photonics for Data Center Interconnects brings together universities and world-renowned researchers to accelerate optical I/O technology innovation in performance scaling and integration.
  • The researchers participating in the Research Center include:
    Project: Heterogeneously Integrated Quantum Dot Lasers on Silicon.
  • Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries.