TSMC filed a lawsuit Tuesday against a former senior vice president it accused of leaking confidential information to Intel. Wei-Jen Lo joined Intel after 21 years at TSMC, having left in July, TSMC said in a statement.
The Trump administration is trading billions of dollars of taxpayer money for ownership stakes in companies. The unusual practice shows no sign of slowing.
Leopold Aschenbrenner's Situational Awareness fund went "short" many of the most popular AI names last quarter. The fund maintained its big long position in Intel, despite the stock's 50% rise in the third quarter.
AMD has witnessed meaningful success following the launch of its MI300 and MI400 series GPUs. Intel's data center business has demonstrated inconsistent results.
The artificial intelligence (AI) revolution has sparked such intense demand for advanced semiconductors that it is creating a global manufacturing bottleneck. However, this is not a story of failure, but rather one of overwhelming success.
INTC's new management team has delivered a renewed AI CPU monetization cadence, as observed in the sequential growth in DCAI revenues and richer operating margins.
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