Back to home
Technology

Trump says Intel has made a 'fortune' and America has made $40 billion after the US invested in ailing chipmaker — Intel has gained $73 billion in market cap since investment

Source

Tom's Hardware

Published

TL;DR

AI Generated

The U.S. government's investment in Intel has resulted in a significant increase in the company's market capitalization, with President Trump claiming America has made $40 billion from the deal. Despite Intel's struggles in areas like AI, it remains a major player in data center and telco CPUs. The company's recent strategic partnership with Nvidia is seen as a financial win and a vote of confidence in Intel's products. The investment in Intel is crucial for national security and industrial sovereignty, as it secures onshore chip production and reduces reliance on foreign manufacturers like TSMC and Samsung.

Read Full Article

Similar Articles

Intel details 18A-P process node, touts higher performance, lower power, and better thermals — 9% more performance, thermal conductivity improved by 50%

Intel details 18A-P process node, touts higher performance, lower power, and better thermals — 9% more performance, thermal conductivity improved by 50%

Intel is progressing with its 18A-P process node technology, boasting higher performance, lower power consumption, and improved thermals compared to its baseline 18A technology. The 18A-P process introduces new transistors, tighter process variability control, and enhanced thermals, potentially attracting interest from companies like Apple. This enhanced technology offers a 9% performance boost or an 18% power reduction compared to the base 18A process. Additionally, improvements in skew corner tightening, threshold voltage options, and metal stack resistance and capacitance contribute to better performance efficiency and yield. The 18A-P process also focuses on enhancing thermals, reliability, and voltage behavior critical for both client and data center applications.

Tom's Hardware
Newegg finally has a worthwhile Intel combo that includes memory, saving almost $240 — snag an Intel Core Ultra 7 270K Plus, ASRock Z890 motherboard, and 32GB of GSkill Trident Z5 DDR5 RAM for only $768.34

Newegg finally has a worthwhile Intel combo that includes memory, saving almost $240 — snag an Intel Core Ultra 7 270K Plus, ASRock Z890 motherboard, and 32GB of GSkill Trident Z5 DDR5 RAM for only $768.34

Newegg is offering a compelling combo deal including an Intel Core Ultra 7 270K Plus processor, ASRock Z890 Pro RS motherboard, and 32GB of G.Skill Trident Z5 RGB RAM for $768.34, saving buyers almost $240. The Intel Core Ultra 270K Plus processor, despite facing tough competition from AMD, offers excellent productivity performance at a lower price point of $328.34. The GSkill Trident Z5 RGB RAM, paired with the ASRock motherboard, provides good performance and overclocking potential. This combo deal on Newegg is a rare find and a solid option for those looking to upgrade their PC amidst high component prices.

Tom's Hardware
US stops exports of tools to China’s number two chip maker — Hua Hong and Huali Microelectronics reportedly on the cusp of starting a 7-nm fab in Shanghai

US stops exports of tools to China’s number two chip maker — Hua Hong and Huali Microelectronics reportedly on the cusp of starting a 7-nm fab in Shanghai

The US Department of Commerce has instructed toolmakers to cease exports to Hua Hong, China's second-largest chipmaker, which is gearing up to establish a 7-nm production line in Shanghai. This move is part of the US strategy to impede China's semiconductor self-sufficiency efforts. Companies like TSMC and ASML have also faced restrictions in providing advanced services to Chinese tech firms. The ban on exports could strain US-China relations, impacting both Chinese companies' progress and potential losses for American toolmakers.

Tom's Hardware
Nvidia exec says AI is more expensive than actual workers — yet some companies don't see the extra costs as a negative

Nvidia exec says AI is more expensive than actual workers — yet some companies don't see the extra costs as a negative

Some companies are realizing that the cost of AI tokens can exceed the expenses of human workers, leading to significant spending on AI assistants and automation agents. Despite the high costs, CEOs view these investments positively as they drive innovation and progress in automation. However, overspending on AI without a solid plan can result in substantial losses for businesses. The future impact of AI spending alongside traditional workforce costs remains uncertain, but it is clear that companies are navigating this new tech era with potential layoffs and financial adjustments.

Tom's Hardware

We use cookies

We use cookies to ensure you get the best experience on our website. For more information on how we use cookies, please see our cookie policy.